NoHo Partners Oyj: The Board of Directors of NoHo Partners Plc has resolved on a directed share issue without payment to the company's key employees based on the share-based incentive plan

NoHo Partners Plc, Stock Exchange Release, 28 March 2025 at 15:00 EET

The Board of Directors of NoHo Partners Plc has resolved on a directed share issue without payment to the company's key employees based on the share-based incentive plan

The Board of Directors of NoHo Partners Plc has on 28 March 2025 resolved on a directed share issue without payment to the key employees of the company in order to pay the reward for the fourth earning period of the long-term share-based incentive plan from 1 January 2023 to 31 December 2024. The share issue resolution is based on the authorization given by the Annual General Meeting on 10 April 2024. The stock exchange release concerning the long-term share-based incentive plan for the key employees has been published on 30 November 2018 with information also available on the company's web page.

A total of 34,690 new shares were issued without payment in the share issue to 9 key employees participating in the share-based incentive plan. As a result of the share issue the total number of shares in NoHo Partners Plc will be 21,044,405.

The new shares will be registered with the Trade Register on or about 1 April 2025. The new shares are intended to be admitted to trading on the official list of Nasdaq Helsinki Ltd. as soon as possible after the registration of the new shares.

NoHo Partners Oyj

The Board of Directors

Additional information:                                                                                           

Jarno Suominen, CEO, jarno.suominen@noho.fi (Executive assistant Niina Kilpeläinen, tel. +358 50 413 8158)    
Sanna Sandvall, Head of IR & Communications, tel. +358 40 760 0794 

NoHo Partners Plc

NoHo Partners Plc is a Finnish group established in 1996, and it specialises in restaurant services being the creative innovator of the Northern European restaurant market. The company was listed in Nasdaq Helsinki in 2013 becoming the first Finnish listed restaurant company, and it has continued to grow strongly throughout its history.

The Group companies include some 300 restaurants in Finland, Denmark, Norway and Switzerland. The well-known restaurant concepts include Elite, Savoy, Teatteri, Sea Horse, Stefan's Steakhouse, Palace, Löyly, Friends & Brgrs, Campingen, Cock's & Cows and Holy Cow!. Depending on the season, NoHo Partners employs approx. 2,800 people converted into full-time employees, and in 2024, company's turnover amounted to approx. MEUR 430. NoHo Partners' vision is to be the leading restaurant operator in Northern Europe. More information is available at noho.fi/en.