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Liquidity Providing agreement for Etteplan Oyj’s share from Lago Kapital Ltd

Stock exchange release – Published: 17.02.2020 14:00:00

Etteplan Oyj Stock Exchange Release February 17, 2020 at 2.00 p.m. EET

Etteplan Oyj and Lago Kapital Ltd have signed a market making agreement in compliance with the Liquidity Providing (LP) requirements issued by Nasdaq Helsinki Ltd.

According to the agreement, Lago Kapital Ltd will provide Etteplan’s share (ETTE, FI0009008650) with bids and offers so that the maximum spread is 4 per cent, calculated from the bid quotation. Both bid and offer side shall include a number of shares corresponding to the value of at least 3, 000 euros.

Lago Kapital Ltd undertakes to submit bids and offers for the share of Etteplan Oyj on the trading system maintained by Nasdaq Helsinki Ltd on each trading day for at least 85 per cent of the time of continuous trading.

The agreement and liquidity providing in accordance with the agreement will commence on February 17, 2020. The agreement is in force for a fixed period of 3 months and thereafter until terminated with one month’s term of notice.

The market making agreement aims at increasing the share’s liquidity and decreasing the share price volatility thus facilitating trading for especially private investors.

Etteplan Oyj

For more information, please contact:
Juha Näkki, President and CEO, tel. +358 010 307 2077
Outi Torniainen, SVP,   Marketing and Communications, tel. +358 10 307 3302                                          

Nasdaq Helsinki
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Etteplan in brief

Etteplan provides solutions for industrial equipment and plant engineering, software and embedded solutions, and technical documentation solutions to the world’s leading companies in the manufacturing industry. Our services are geared to improve the competitiveness of our customers’ products, services and engineering processes throughout the product life cycle. The results of Etteplan’s innovative engineering can be seen in numerous industrial solutions and everyday products. In 2019, Etteplan had a turnover of approximately EUR 263 million. The company currently has over 3,400 professionals in Finland, Sweden, the Netherlands, Germany, Poland and China. Etteplan's shares are listed on Nasdaq Helsinki Ltd under the ETTE ticker.