SATO Corporation - Managers' transactions
15 August 2022
SATO Corporation, Managers’ transactions, 15 August 2022 at 7:00 pm
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: Erik Selin
Position: Member of the Board/Deputy member
Issuer: SATO Oyj
LEI: 7437009ELUGUOA45V564
Notification type: INITIAL NOTIFICATION
Reference number: 18432/6/6
____________________________________________
Transaction date: 2022-08-10
Venue not applicable
Instrument type: SHARE
ISIN: FI0009011688
Nature of the transaction: ACQUISITION
Transaction details
(1): Volume: 117000 Unit price: 39.00 EUR
Aggregated transactions
(1): Volume: 117000 Volume weighted average price: 39.00 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
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SATO Corporation is an expert in sustainable rental housing and one of Finland's largest rental housing providers. SATO owns around 25,000 rental homes in the Helsinki Metropolitan Area, Tampere, and Turku. _
SATO aims to provide an excellent customer experience and a comprehensive range of urban rental housing alternatives with good access to public transport and services. We promote sustainable development and work in open interaction with our stakeholders.
_SATO invests profitably, sustainably and with a long-term view. We increase the value of our assets through investments, divestments, and repairs. In 2021, SATO Group's net sales totalled EUR 298.3 million, operating profit EUR 304.5 million and profit before taxes EUR 259.4 million. The value of SATO's investment properties is around EUR 5 billion. _