HARVIA PLC STOCK EXCHANGE RELEASE 23 MARCH 2018 ATÂ 3.00 P.M. EET
Harvia Oyj - Managers' Transactions
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Person subject to the notification requirement
Name: Hiltunen, Ari-Pekka
Position: Member of the Board/Deputy member
Issuer: Harvia Oyj
LEI: 7437002ULTBOWQQOXL69
Notification type: INITIAL NOTIFICATION
Reference number: 7437002ULTBOWQQOXL69_20180322211327_3
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Transaction date: 2018-03-21
Venue: NASDAQ HELSINKI LTD (XHEL)
Instrument type: SHARE
ISIN: FI4000306873
Nature of the transaction: SUBSCRIPTION
Transaction details
(1): Volume: 1,500 Unit price: 4.5 EUR
Aggregated transactions
(1): Volume: 1,500 Volume weighted average price: 4.5 EUR
Additional information:
Ari Vesterinen, CFO
tel. +358 40 5050 440
ari.vesterinen@harvia.fi
Harvia in short
Harvia is one of the leading companies operating in the sauna and spa market
globally, as measured by revenue.([1]) Harvia's brands and product offering are
well-known in the market([2]) and the Company's comprehensive product offering
strives to meet the needs of the international sauna and spa market, of both
private and professional customers.
Harvia's revenue amounted to EUR 60.1 million in 2017, its operating profit was
EUR 9.3 million and adjusted operating profit EUR 10.7 million during the same
period. The Company employs some 365 professionals in Finland, China and Hong
Kong, Romania, Austria, Germany and Estonia. The company's headquarters in
Muurame, Finland are adjacent to its largest sauna and sauna component
manufacturing facility.
([1]) International Management Consultant Analysis conducted in autumn 2017 and
commissioned by Harvia.
([2]) The Harvia brand was the most recognised sauna brand in a survey of
Finnish, Swedish, German, Russian and American consumers (altogether 810
consumers) conducted by an international management consultant company in autumn
2017 and commissioned by Harvia.
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