Enersense International Plc | Stock Exchange Release | August 12, 2025 at 14:30:00 EEST
The Board of Directors of Enersense International Plc has decided to commence a repurchase of Enersense’s own shares (“buy-back programme”) on the basis of the authorization given by the Annual General Meeting held on 16 April 2025. Currently, the company holds no treasury shares. The main terms of the buy-back programme are:
- The buyback programme will be carried out in accordance with the safe harbour procedure under Article 5 of the EU Market Abuse Regulation (EU No. 596/2014) and the Commission Delegated Regulation EU 2016/1052.
- The shares will be repurchased to be used as part of Enersense’s share-based incentive programmes, based on which the company has a weighty financial reason for repurchasing shares otherwise than in proportion to the shares owned by shareholders.
- The maximum number of shares to be repurchased is 200,000, corresponding to approximately 1.2% of the total number of shares in the company. A maximum amount of EUR 700,000 can be used for the buy-back programme.
- The shares will be repurchased at the market price in public trading on Nasdaq Helsinki Ltd, using the company’s non-restricted equity and in compliance with the price and volume limits applicable under the safe harbour rules.
- The buy-back programme for own shares shall commence on 13 August 2025, at the earliest, and end by 31 October 2025, at the latest. The Board of Directors of Enersense may suspend or terminate the programme before its scheduled end date in accordance with the EU Market Abuse Regulation.
Enersense has appointed a third-party broker as the manager for the buy-back programme. The broker will make trading decisions independently, without influence from Enersense.
ENERSENSE INTERNATIONAL PLC
Kari Sundbäck
CEO
Further information:
Jyrki Paappa, CFO
Tel. +358 50 556 6512
jyrki.paappa@enersense.com
Media contacts:
Liisi Tamminen, Head of Communications and Sustainability
Tel. +358 44 222 5552
liisi.tamminen@enersense.com
Distribution
Nasdaq Helsinki
Key media
www.enersense.com