The spin-off of Evli Bank and the merger of the remaining company with Fellow Finance has been registered; Evli Plc’s listing application has been approved and trading in the shares will begin on April 4, 2022

Bank Evli Plc

EVLI PLC STOCK EXCHANGE PRESS RELEASE APRIL 2, 2022 AT 4:00 PM. eet

NOT FOR PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR TO AUSTRALIA, SOUTH AFRICA, HONG KONG, JAPAN, CANADA OR SINGAPORE, NEW ZEALAND, THE UNITED STATES OR ANY OTHER JURISDICTION WHERE SUCH PUBLICATION OR DISTRIBUTION WOULD VIOLATE APPLICABLE LAWS OR RULES OR WILL REQUIRE ADDITIONAL DOCUMENTS TO BE COMPLETED OR REGISTERED OR WILL REQUIRE ANY STEPS TO BE TAKEN IN ADDITION TO THE REQUIREMENTS OF FINNISH LAW. TO SEE IMPORTANT NOTICE BELOW.

Evli Bank Plc and Fellow Finance Plc announced on July 14, 2021 that they have agreed in a combination agreement to an agreement whereby Evli Bank will partially spin-off into a new asset management group Evli Plc (“Evli“) (the “Split”) which will be listed and a company which will provide banking services for Evli Bank Plc and into which Fellow Finance Plc will merge (the “Merger”).

The Split and Merger have been registered with the commercial register maintained by the Finnish Patent and Registry Office effective April 2, 2022. Following the completion of the Split Nasdaq Helsinki Ltd (“Nasdaq Helsinki”) approved the application for admission of the class B shares of Evli. Trading of the 9,364,289 class B shares of Evli to be admitted to official listing on Nasdaq Helsinki under the code EVLI (ISIN code: FI4000513437) will begin on April 4, 2022.

The Evli shares issued in consideration for the demerger were registered in the registered accounts of Evli shareholders today, April 2, 2022. The beneficiaries of the shares in consideration for the demerger will be able to exchange the Evli category B shares as of Monday April 4, 2022.

EVLI PLC


Further information :

Juho Mikola, Chief Financial Officer, Evli Plc, tel. +358 40 717 8888, [email protected]


Evli in a nutshell

We see wealth as a driver of progress. We draw on our heritage, vast expertise and Nordic values ​​to grow and manage the wealth of institutions, businesses and individuals responsibly.

We are the leading asset manager in Finland*, offering a wide range of services including mutual fund, asset management and capital markets services, alternative investment products, stock, design and administration of stock plans and corporate finance services. Responsible investing is integrated into every investment decision and our expertise is widely recognized by our clients. Evli has the best Finnish expertise in responsible investing.**

Evli Group employs approximately 290 professionals and Evli has a total of €17.5 billion in client assets under management (net 12/2021). Evli Plc B shares are listed on Nasdaq Helsinki Ltd.

*Kantar Prospera External Asset Management Finland 2015, 2016, 2017, 2018, 2019, 2021, Kantar Prospera Private Banking 2019, 2020 Finland **SFR Scandinavian Financial Research Institutional Investment Services Finland 2021

Broadcast: Nasdaq Helsinki, major media, www.evli.com

Important Notice

This press release is not an offering of shares in the United States and is not intended for distribution in the United States or any other jurisdiction in which such distribution would be prohibited by applicable law. The shares of Evli have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Law”) or the securities laws of any state in the United States, and may not be offered, sold or delivered in the United States except under an applicable exemption or in a transaction not subject to securities law.

This press release does not constitute an offer to sell or a solicitation of an offer to buy securities by Evli in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful. This press release must not be transmitted, distributed or sent, directly or indirectly, in whole or in part, to the United States or to any jurisdiction where the distribution of this press release would violate any applicable law or regulation or would require registration or a license. within such a jurisdiction. Failure to comply with the foregoing limitation may result in a violation of the Securities Act or other applicable securities laws or regulations.

This release contains “forward-looking statements” that are based on current plans, estimates, projections and expectations and are not guarantees of future performance. They are based on certain expectations and assumptions which, although they seem reasonable at the present time, may prove to be incorrect. Shareholders should not rely on these forward-looking statements. Neither Evli nor any of their respective affiliates, advisors or representatives or any other person undertakes to review or confirm or publicly release any revisions to any forward-looking statement to reflect events that occur or circumstances that arise after the date of this press release. .