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SATO Corporation - Managers' transactions

SATO Oyj
·1 min read

SATO Corporation, Managers’ transactions, 28th July 2021 at 09:40 am

Person subject to the notification requirement
Name: Balder Finska Otas AB
Position: Closely associated person
(X) Legal person

(1):Person Discharging Managerial Responsibilities In Issuer
Name: Selin, Erik
Position: Member of the Board

Issuer: SATO Oyj
LEI: 7437009ELUGUOA45V564

Notification type: INITIAL NOTIFICATION
Reference number: 7437009ELUGUOA45V564_20210727191701_14
____________________________________________

Transaction date: 2021-07-26
Venue not applicable
Instrument type: SHARE
ISIN: FI0009011688
Nature of the transaction: ACQUISITION

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Transaction details
(1): Volume: 50,000 Unit price: 42.00 EUR

Aggregated transactions
(1): Volume: 50,000 Volume weighted average price: 42.00 EUR

For additional information, please contact:

SATO Corporation
Katri Innanen, Vice President, General Counsel
p. +358 201 34 4014 and +358 400 678 898

www.sato.fi

SATO is one of Finland's leading rental housing providers. SATO aims to offer a comprehensive choice of rental housing and an excellent customer experience. At year-end 2020, SATO owned close to 26,800 apartments in Finland's largest growth centres and in St. Petersburg.

We promote sustainable development and initiative through our operations and work in open interaction with our stakeholders to generate added value. We operate profitably and with a long-term view. We increase the value of our housing stock through investments, divestments and repairs.

SATO Group's net sales in 2020 were EUR 303.4 million, operating profit EUR 179.6 million and profit before taxes EUR 129.5 million. The value of SATO's investment properties is roughly EUR 4.8 billion.