Taaleri Oyj

Taaleri Plc announced the redemption of its EUR 15 million Tier 2 bond, originally issued on October 18, 2019. The full redemption, including accrued interest, will occur on October 18, 2024, as per the bond's terms. Taaleri is a Nordic investment and asset manager with a focus on bioindustry and renewable energy, managing EUR 2.6 billion in assets. The company has approximately 125 employees and is listed on Nasdaq Helsinki. For further information, contact CFO Ilkka Laurila or Head of Investor Relations and Communications Linda Tierala.

On September 10, 2024, Taaleri Plc announced that it has secured a EUR 30 million bilateral three-year revolving credit facility agreement with OP Corporate Bank Plc. This agreement aims to enhance Taaleri's liquidity, financial flexibility, and support its growth strategy. CFO Ilkka Laurila expressed satisfaction with the strengthened financial position. Taaleri is a Nordic investment and asset manager focusing on bioindustry and renewable energy, with EUR 2.6 billion in assets under management and approximately 125 employees. The company is listed on Nasdaq Helsinki.

Taaleri Plc announced changes to its segment reporting effective from April 1, 2024. The Group's continuing operations will now include two reported segments: Private Asset Management (divided into Renewable Energy and Other Private Asset Management) and Garantia (including Garantia Insurance Company). Previously, the segments were Private Asset Management and Strategic Investments. The change follows the sale of 150,000 Aktia Bank Plc shares between April 1 and June 30, 2024. As of June 30, 2024, Taaleri held 824,563 shares in Aktia Bank Plc, now reported under the group Other. Taaleri will publish its Half-Year Financial Report for January 1 to June 30, 2024, using the new reporting structure on August 20, 2024. Comparative financial information for 2023 and Q1 2024 is also provided. The comparative data includes unaudited income and operating profit by quarter. Taaleri is a Nordic investment and asset manager focused on bioindustry and renewable energy, managing EUR 2.6 billion in assets with approximately 125 employees. The company is listed on Nasdaq Helsinki and adheres to the UN Principles for Responsible Investment and the Net Zero Asset Managers initiative.

Taaleri Plc will release its Half-Year Financial Report for January–June 2024 on Tuesday, 20 August 2024, at around 8:00 a.m. EEST. An analyst, investor, and media conference will be held the same day at 11:00 EEST, hosted by CEO Peter Ramsay and CFO Ilkka Laurila at Event Venue Eliel in Helsinki. Interested parties must register by 13 August 2024 via email. The conference will be available as a live webcast, with a Q&A session following the management presentation. A recording will be accessible on Taaleri’s investor pages. Taaleri is a Nordic investment and asset manager specializing in bioindustry and renewable energy, with EUR 2.6 billion in assets under management and approximately 125 employees. The company is listed on Nasdaq Helsinki.

On June 17, 2024, Taaleri Plc reported a manager's transaction involving Titta Elomaa, who is closely associated with Juhani Elomaa, a member of the Board. The transaction, which took place on June 14, 2024, involved the receipt of 22,500 shares of Taaleri Oyj (ISIN: FI4000062195) through a gift, donation, or inheritance. The transaction was conducted outside a trading venue and had a unit price of 0 EUR. For further information, Linda Tierala, Head of IR and Communications at Taaleri Plc, can be contacted.

On June 17, 2024, Taaleri Plc reported a managers' transaction involving Juhani Elomaa, a member of the board and deputy member. The transaction, which occurred on June 14, 2024, involved the transfer of 112,500 shares as a gift, donation, or inheritance, with no monetary exchange (unit price: 0 EUR). The shares have the ISIN code FI4000062195. For further information, Linda Tierala, Head of IR and Communications, can be contacted.

Taaleri Plc reported growth in its continuing earnings and strong net income from investment operations for Q1 2024. The company's continuing earnings rose to €10.3 million, primarily driven by the Private Asset Management segment. Income increased to €17.0 million, and the operating profit margin was 56.2%. The company's renewable energy business continued active fundraising for the Taaleri SolarWind III Fund, aiming to raise €700 million. The new strategy for the real estate business was completed, with a focus on developing new investment products. In the bioindustry business, Taaleri continued to support the investees of the Taaleri Bioindustry I Fund in promoting growth and profitability. Garantia’s insurance service result increased to €4.0 million as expenses decreased. The year 2024 began actively for Taaleri with the promotion of its updated strategy.

Finnish investment and asset management company Taaleri Oyj will publish its Interim Statement for January-March 2024 on 7 May 2024 at 8:00 EEST. On the same day, a conference for analysts, investors, and media will be held in English by CEO Peter Ramsay and CFO Ilkka Laurila at 1:00 pm at Event Venue Eliel in Helsinki. The conference will also be live-streamed and recorded for later viewing. Taaleri specializes in industrial-scale opportunities within bioindustry and renewable energy and manages EUR 2.6 billion in assets.

Taaleri Plc held its Annual General Meeting on April 10, 2024, in Helsinki, where it adopted the financial statements for 2023, approved the Remuneration Policy and Report for Governing Bodies, and granted discharge from liability to board members and the CEO. The meeting decided on a €1.00 per share dividend, to be paid on April 19, 2024, to shareholders registered by April 12, 2024. The board will consist of six members, including two new members, Juhani Bonsdorff and Leif Frilund. Juhani Elomaa was elected as the Chairperson and Hanna Maria Sievinen as the Vice-Chairperson. The meeting also authorized the Board to decide on the repurchase of up to 2,000,000 company shares and to decide on share issues and the issuance of option rights and other special rights entitling to shares. The Board was also authorized to decide on charitable donations up to €50,000. The Audit Committee and the Remuneration Committee were also elected.

On April 8, 2024, Taaleri Plc received a notification that Vakuutusosakeyhtiö Henki-Fennia's indirect ownership of Taaleri Plc shares had fallen below 5% of the company's share capital on April 5, 2024. The share capital of Taaleri Plc consists of 28,350,620 shares, each entitled to one vote at the general meeting of shareholders. On March 27, 2024, Taaleri Plc announced the cancellation of 154,367 of its own shares. However, the registration of this cancellation is still in progress. As a result, as of April 8, 2024, Taaleri Plc's share capital still consists of 28,350,620 shares. Henki-Fennia's total indirect position is 4.99% of shares and voting rights, down from a previous 5.18%.