Stein Ulve, the CEO of Eevia Health Plc, (“Eevia” or “The Company”), subscribed for 489 996 shares within the preferential rights problem, which Eevia concluded on November 17^th. The fairness problem was for 14 376 015 shares and was absolutely subscribed. Stein Ulve had 1 907 500 subscription rights, however he subscribed for 489 996 shares. Consequently, he was diluted beneath the flagging threshold of 10%.

Stein Ulve, who’s a PDMR of the corporate, had 1 907 500 shares or 11,94% of the overall excellent shares earlier than the rights problem. He subscribed for 489 996 shares and his new complete is 2 397 496 shares. With the brand new complete shares of 30 349 371, his holding will probably be 7,90% of the corporate’s excellent shares when the brand new shares have been registered with Finnish authorities. Registration is predicted this week. Stein Ulve has no choices or different monetary devices as a part of any incentive system in Eevia. Stein Ulve has bought and paid for all shares he holds in Eevia Health Oyj.

In the rights problem, additionally three board members subscribed for shares within the fairness problem, with out passing flagging thresholds.

For additional info, please contact:

Stein Ulve, CEO, Eevia Health Plc                          

Email: stein.ulve@eeviahealth.com                      

Telephone: +358 400 22 5967                                

INFORMATION ABOUT EEVIA HEALTH PLC

Eevia Health Plc, based in March 2017, addresses important well being issues with bioactive compounds extracted from plant supplies. The supplies are primarily wild harvested from the pristine Finnish and Swedish forests close to or above the Arctic Circle. The extracts are offered B2B as components in dietary dietary supplements and meals manufacturers globally. These international manufacturers make the most of the components of their shopper product formulation.

Eevia Health is a producer of 100% organically licensed plant extracts. Although a big product, Elderberry extract, is constructed from cultivated berries, most of Eevia’s different uncooked supplies, similar to bilberry, lingonberry, chaga-mushroom, and pine bark, are wild-harvested in a sustainable trend.

Eevia Health operates a contemporary green-chemistry manufacturing facility in Finland. Manufacturing pure components close to the uncooked materials harvest areas, Eevia affords a brief worth chain with an environmentally pleasant carbon footprint, aggressive pricing, and excessive transparency. Eevia listed its shares at Spotlight Stock Market in Sweden in June 2021, with the brief identify EEVIA.

To be taught extra, please go to  www.eeviahealth.com or comply with Eevia Health on LinkedIn @EeviaHealth. 

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