Releases
Kempower Corporation – Managers’ Transactions – Stella Kemppi
Kempower Corporation, Company Release, 16.12.2021 at 16:00 EET Managers’ Transactions
KEMPOWER CORPORATION – MANAGERS’ TRANSACTIONS – Stella Kemppi
Kempower Corporation – Managers’ Transactions – Stella Kemppi
Person subject to the notification requirement
Name: Stella Kemppi
Position: Closely associated person
(1): Person Discharging Managerial Responsibilities In Issuer
Name: Kimmo Kemppi
Position: Member of the Board
Issuer: Kempower Corporation
LEI: 743700EIG9TDB5QNZS09
Notification type: INITIAL NOTIFICATION
Reference number: 743700EIG9TDB5QNZS09_20211213132257_46
Transaction date: 2021-12-13
Venue not applicable
Instrument type: SHARE
ISIN: FI4000513593
Nature of the transaction: SUBSCRIPTION
Transaction details
(1): Volume: 25,261 Unit price 5.74 EUR
Aggregated transactions
(1) Volume: 25,261 Volume weighted average price: 5.74 EUR
Contact
Jukka Kainulainen, CFO, Kempower
jukka.kainulainen@kempower.com
Tel. +358 29 0021900
Certified Adviser
Alexander Corporate Finance Oy
Tel. +358 50 520 4098
Kempower in Brief
Kempower is a Finnish electric vehicle (“EV”) fast charging equipment and solutions manufacturer and provider striving for rapid growth. Kempower is a subsidiary of Kemppi Group Oy and, therefore, part of the Kemppi Group Oy group, a Finnish family business founded in 1949. Kemppi Oy, another subsidiary of Kemppi Group Oy operating in more than 70 countries, is one of the technology leaders in the arc welding industry, and its consolidated revenue was approximately EUR 140 million in 2020. Kempower designs, manufactures and sells direct current fast charging devices, solutions and services for EVs, such as personal and commercial vehicles, mobile off highway machinery, and electric marine vessels and boats. Kempower offers a wide range of solutions to suit all EV fast charging needs – from public parking spaces to bus depots and end stops, for heavy duty commercial and other EVs as well as ports and charging of electric marine vessels and boats. The modular, scalable and flexible design of Kempower’s products, combined with the systems’ ability to handle several vehicles’ dynamic fast charging simultaneously, serves in particular customer groups that require or benefit from charging systems with multiple, high power charging devices. Kempower strives to enable a cleaner and smarter future by providing high quality charging solutions and its mission is to enable clean mobility by utilising the Kemppi Oy’s 70 years of experience in demanding conditions of electric power supply.