Relais Group Plc
Stock Exchange Release - 31 July 2026 at 12.30 pm EEST
The Board of Directors of Relais Group Plc ("Relais Group" or the "Company") has, on the basis of the share issue authorisation granted to the Board of Directors by the Annual General Meeting held on 14 April 2026, resolved to carry out a directed share issue to the Company itself without consideration, in which a total of 125,383 new shares in the Company are issued ("Directed Share Issue").
The new shares will be entered in the Trade Register on or about 6 August 2026. Relais Group will apply for the listing of the new shares on the main market of Nasdaq Helsinki Ltd, and trading in the new shares is expected to commence on or about 7 August 2026. After the registration of the shares, the total number of the Company's shares will be 18,695,972. The new shares will represent approximately 0.7 percent of the Company's share capital after the registration of the new shares.
By the same resolution as the Directed Share Issue, the Board of Directors has, on the basis of the share issue authorisation granted to the Board of Directors by the Annual General Meeting held on 14 April 2026, resolved to carry out a directed share issue to the Seller (as defined below) ("Consideration Share Issue"). The Consideration Share Issue shall become effective, provided that, and at the time when, the new shares issued in the Directed Share Issue have been admitted to trading on the stock exchange list maintained by Nasdaq Helsinki Oy and recorded in the Company's book-entry account.
The Consideration Share Issue relates to Relais Group's acquisition of tershine AB from Tershine Holding AB (the "Seller"), which was announced in a press release on 28 July 2026 (the "Acquisition"). In accordance with the terms and conditions of the Acquisition, SEK 20 million of the purchase price will be paid in Relais Group shares ("Consideration Shares").
The shares to be issued in the Consideration Share Issue will be directed to the Seller, who has irrevocably committed to subscribing for the shares in connection with the Acquisition. In accordance with the terms and conditions of the Acquisition, the subscription price for the Consideration Shares to be issued in the Consideration Share Issue is EUR 14.4288 per share, corresponding to the volume-weighted average trading price of the Company's share on the Nasdaq Helsinki marketplace during the twenty (20) trading days preceding the last bank day prior to the closing of the Acquisition (the "Subscription Price"). The Subscription Price of the Consideration Shares will be fully recorded in the fund for invested unrestricted equity of the Company.
The number of Consideration Shares to be issued in the Consideration Share Issue has been calculated by dividing the portion of the purchase price of the Acquisition to be used for the share subscription (SEK 20,000,000 / EUR 1,809,136.14) by the Subscription Price of the Consideration Shares. In converting the share component into euros, the EUR/SEK exchange rate of the Bank of Finland on 24 July 2026 has been applied, such rate being 11.0550.
The Consideration Shares to be issued in the Consideration Share Issue are issued for the purpose of developing the business of Relais Group and the group, for committing the key personnel of the acquired company and for completion of the Acquisition, and therefore there exists a weighty financial reason for the Consideration Share Issue.
Further information:
Sebastian Seppänen, Interim CFO
Phone: +358 50 544 0645
E-mail: sebastian.seppanen@relais.fi
Relais Group:
Relais Group is a serial acquirer focused on the vehicle aftermarket in Europe. The Group creates value by identifying, acquiring and developing leading businesses with strong cash flows, clear niche positions and long-term growth potential.
Our net sales in 2025 were EUR 383.4 (2024: 322.6) million. In 2025 we made eight acquisitions. We employ approximately 1,700 professionals in eight different countries. The Relais Group share is listed on the Main Market of Nasdaq Helsinki with the stock symbol RELAIS.