Toivo Group Plc, stock exchange release, 24 September 2025 at 12:45 pm.
As of June 30, 2025, Toivo Group Plc (the “Company”) had a total of approximately EUR 17.1 million in capital loans recorded under equity on its balance sheet. These capital loans are classified as equity because they are repaid only at the discretion of the Company.
Today, the Company’s Board of Directors has decided to repay part of the principal and accrued interest of capital loans to companies owned by members of the Company’s management team, which are classified as related parties, as well as to two other companies whose owners are employed by the Company. The repayment will be made in accordance with the terms of the capital loans and using the Company’s available cash resources.
The related parties include CFO Samuli Niemelä, whose company will receive EUR 65,461.51, and Deputy CEO Urho Myllymäki, whose company will receive EUR 118,682.24. The total amount to be paid to the other parties is EUR 99,797.57. The payments will be executed within two banking days following the publication of this release.
As some of the repayments are directed to related parties, this constitutes a related party transaction under the Finnish Companies Act. The Company’s Board of Directors has assessed that the transaction is ordinary for the Company and its terms are in line with market conditions.
The repayment will not affect the Company’s liquidity or the financial guidance issued for 2025.
Toivo Group Plc
Further information
Markus Myllymäki
CEO
Toivo Group Plc
Tel. +358 (0)40 847 6206
About Toivo
Toivo is a Finnish real estate company founded in 2015, specializing in residential and social infrastructure properties.
The company’s business model is unique as it integrates the entire real estate value chain—from property development and construction to ownership, management, leasing, and sales of completed properties. Toivo’s in-house team manages the full lifecycle of a property, from raw land acquisition to lease negotiations and property maintenance.
Toivo’s strategy is to develop clear and efficient properties with strong development margins, stable and attractive returns, and excellent locations. This enables the company to deliver maximum added value to its customers, owners, and stakeholders. Toivo is backed by a skilled and experienced team of professionals with strong credentials in the real estate sector. The team members have collectively been involved in the development and construction of over 17,000 apartments and have an average of ten years of experience in the industry.
In 2024, Toivo’s revenue was €39.8 million and operating profit €4.5 million