Share and shareholders

Share information

Kempower’s share has been listed on the First North Growth Market Finland marketplace maintained by Nasdaq Helsinki.

Kempower’s registered share capital is EUR 80,000 and the total number of shares issued is 55,542,920. The company has one series of shares. Each share entitles its holder to one vote at the Annual General Meeting. The shares have no nominal value.

Kempower’s shares are included in the book-entry system maintained by Euroclear Finland Oy. The trading code of the shares is KEMPOWR and the ISIN code is FI4000513593.

Share monitor

Kempower’s dividend policy

The Board of Directors of Kempower has adopted a dividend policy pursuant to which no dividends will be distributed in the short to mid-term. In the forthcoming years, the focus will be on financing the growth and the development its business.

Shareholders

The following table shows the company’s largest shareholders based on the shareholder register maintained by Modular Finance AB.

Name Shares Change % of Shares % of Votes Verified

Source: Modular Finance AB

Share distribution

Share distribution by country

Country Shares % of Shares % of Votes Num. of known owners
Finland 52,263,264 94.10 94.10 56,499
United States 472,999 0.85 0.85 22
Sweden 463,142 0.83 0.83 4
Luxembourg 383,974 0.69 0.69 6
France 311,163 0.56 0.56 5
Norway 264,446 0.48 0.48 4
Denmark 210,740 0.38 0.38 2
Switzerland 57,593 0.10 0.10 4
Germany 25,088 0.05 0.05 3
Australia 22,068 0.04 0.04 1

Share distribution by owner type

Type Shares % of Shares % of Votes Num. of known owners
Other 36,183,397 65.14 65.14 2,059
Private Individuals 8,627,400 15.53 15.53 54,517
Pension & Insurance 4,237,423 7.63 7.63 17
Fund companies 4,145,992 7.46 7.46 54
Investment & PE 1,006,309 1.81 1.81 3
Treasury Shares 265,174 0.48 0.48 1
Foundations 65,828 0.12 0.12 3
State 1,636 0.00 0.00 1

Share distribution by size

Owner distribution by holding Shares % of Shares % of Votes Num. of known owners
1 - 100 1,403,596 2.53 2.53 41,265
101 - 500 2,763,677 4.98 4.98 12,158
501 - 1 000 1,323,054 2.38 2.38 1,794
1 001 - 5 000 2,452,382 4.42 4.42 1,217
5 001 - 10 000 847,874 1.53 1.53 118
10 001 - 50 000 1,508,790 2.72 2.72 71
50 001 - 100 000 425,518 0.77 0.77 6
100 001 - 500 000 4,751,807 8.56 8.56 21
500 001 - 1 000 000 1,250,783 2.25 2.25 2
1 000 001 - 37,805,678 68.07 68.07 3

Managers’ transactions

Positions

Insider owner Insider Position Num. of shares % of Shares Value Verified
Kemppi Group Oy Antti Kemppi
Teresa Kemppi-Vasama
Kimmo Kemppi
Board member
Chairman
Vice Chairman
34,400,000 61.93 833,168 TEUR 2024-01-29
Kempinvest Oy Antti Kemppi
Chairman
348,432 0.63 8,439 TEUR 2024-01-29
Kimmo Kemppi Kimmo Kemppi
Board member
107,142 0.19 2,595 TEUR 2024-01-29
Vesa Laisi Vesa Laisi
Board member
31,097 0.06 753 TEUR 2024-01-29
Eriikka Söderström Eriikka Söderström
Board member
29,181 0.05 707 TEUR 2024-01-29
Tomi Ristimäki Tomi Ristimäki
CEO
24,583 0.04 595 TEUR 2024-02-15
Bellator Oy Teresa Kemppi-Vasama
Vice Chairman
24,390 0.04 591 TEUR 2024-01-29
Montia Oy Teresa Kemppi-Vasama
Vice Chairman
24,390 0.04 591 TEUR 2024-01-29
Jukka Kainulainen Jukka Kainulainen
CFO
19,385 0.03 470 TEUR 2024-02-15
Mikko Veikkolainen Mikko Veikkolainen
Other position
19,032 0.03 461 TEUR 2024-02-15
Tommi Liuska Tommi Liuska
Other position
18,041 0.03 437 TEUR 2024-02-15
Teresa Kemppi-Vasama Teresa Kemppi-Vasama
Vice Chairman
17,501 0.03 424 TEUR 2024-01-29
Antti Kemppi Antti Kemppi
Chairman
17,501 0.03 424 TEUR 2024-01-29
Facultas Oy Antti Kemppi
Chairman
17,501 0.03 424 TEUR 2024-01-29
Potestas Oy Antti Kemppi
Chairman
17,501 0.03 424 TEUR 2024-01-29
Sanna Otava Sanna Otava
Other position
9,604 0.02 233 TEUR 2024-02-15
Petri Korhonen Petri Korhonen
Other position
9,538 0.02 231 TEUR 2024-02-15
Tero Era Tero Era
Board member
8,710 0.02 211 TEUR 2022-12-31
Paula Savonen Paula Savonen
Other position
7,770 0.01 188 TEUR 2024-02-15
Juha-Pekka Suomela Juha-Pekka Suomela
Other position
3,310 0.01 80 TEUR 2024-02-15
Jussi Vanhanen Jussi Vanhanen
Other position
2,423 < 0.01 59 TEUR 2024-02-15
Olli Laurén Olli Laurén
Board member
2,050 < 0.01 50 TEUR 2023-05-08
Tuula Rytilä Tuula Rytilä
Board member
1,150 < 0.01 28 TEUR 2024-02-15
Sanna Lehti Sanna Lehti
Other position
175 < 0.01 4 TEUR 2024-02-15
Hanne Peltola Hanne Peltola
Other position
30 < 0.01 1 TEUR 2024-02-15
Tim Joyce Tim Joyce
Other position
0 < 0.01 0 TEUR
Total 35,160,437 63.30 851,586 TEUR

Transactions

Insider Instrument Type Delta Price Relative change Holding Transaction date
2024
Tuula Rytilä KEMPOWR Acquisition +1,150 24.01 New 1,150 2024-02-15
2023
Kemppi Group Oy KEMPOWR Disposal -3,400,000 30.00 -9.0% 34,400,000 2023-11-09
Tomi Ristimäki KEMPOWR Disposal -1,070 41.54 -4.2% 24,479 2023-07-26
Tommi Liuska KEMPOWR Disposal -1,300 41.00 -6.8% 17,937 2023-07-26
Olli Laurén KEMPOWR Acquisition +2,050 36.53 New 2,050 2023-05-08

Other transactions

Insider Instrument Type Delta Price Relative change Holding Transaction date
2024
Tomi Ristimäki KEMPOWR Acquisition +63 23.87 +0.3% 24,583 2024-02-15
Jukka Kainulainen KEMPOWR Acquisition +51 23.87 +0.3% 19,385 2024-02-15
Mikko Veikkolainen KEMPOWR Acquisition +64 23.87 +0.3% 19,032 2024-02-15
Tommi Liuska KEMPOWR Acquisition +63 23.87 +0.4% 18,041 2024-02-15
Sanna Otava KEMPOWR Acquisition +13 23.87 +0.1% 9,604 2024-02-15
Petri Korhonen KEMPOWR Acquisition +63 23.87 +0.7% 9,538 2024-02-15
Paula Savonen KEMPOWR Acquisition +7 23.87 +0.1% 7,770 2024-02-15
Juha-Pekka Suomela KEMPOWR Acquisition +64 23.87 +2.0% 3,310 2024-02-15
Jussi Vanhanen KEMPOWR Acquisition +32 23.87 +1.3% 2,423 2024-02-15
Sanna Lehti KEMPOWR Acquisition +63 23.87 +56.3% 175 2024-02-15
Hanne Peltola KEMPOWR Acquisition +25 23.87 +500.0% 30 2024-02-15
2023
Tomi Ristimäki KEMPOWR Acquisition +41 36.89 +0.2% 24,520 2023-10-20
Jukka Kainulainen KEMPOWR Acquisition +32 36.89 +0.2% 19,334 2023-10-20
Mikko Veikkolainen KEMPOWR Acquisition +40 36.89 +0.2% 18,968 2023-10-20
Tommi Liuska KEMPOWR Acquisition +41 36.89 +0.2% 17,978 2023-10-20
Sanna Otava KEMPOWR Acquisition +8 36.89 +0.1% 9,591 2023-10-20
Petri Korhonen KEMPOWR Acquisition +41 36.89 +0.4% 9,475 2023-10-20
Paula Savonen KEMPOWR Acquisition +4 36.89 +0.1% 7,763 2023-10-20
Juha-Pekka Suomela KEMPOWR Acquisition +40 36.89 +1.2% 3,246 2023-10-20
Jussi Vanhanen KEMPOWR Acquisition +20 36.89 +0.8% 2,391 2023-10-20
Sanna Lehti KEMPOWR Acquisition +41 36.89 +57.7% 112 2023-10-20
Hanne Peltola KEMPOWR Acquisition +5 36.89 New 5 2023-10-20
Tomi Ristimäki KEMPOWR Acquisition +1,070 40.97 +4.6% 24,479 2023-07-26
Jukka Kainulainen KEMPOWR Acquisition +386 40.97 +2.0% 19,302 2023-07-26
Mikko Veikkolainen KEMPOWR Acquisition +334 40.97 +1.8% 18,928 2023-07-26
Tommi Liuska KEMPOWR Acquisition +397 40.97 +2.3% 17,937 2023-07-26
Sanna Otava KEMPOWR Acquisition +349 40.97 +3.8% 9,583 2023-07-26
Petri Korhonen KEMPOWR Acquisition +204 40.97 +2.2% 9,434 2023-07-26
Paula Savonen KEMPOWR Acquisition +193 40.97 +2.6% 7,759 2023-07-26
Juha-Pekka Suomela KEMPOWR Acquisition +147 40.97 +4.8% 3,206 2023-07-26
Jussi Vanhanen KEMPOWR Acquisition +371 40.97 +18.6% 2,371 2023-07-26
Sanna Lehti KEMPOWR Acquisition +71 40.97 New 71 2023-07-26
2021
Kimmo Kemppi KEMPOWR Subscription +25,261 5.74 +30.9% 107,142 2021-12-13
Kimmo Kemppi KEMPOWR Subscription +56,620 5.74 +112.1% 107,142 2021-12-13
Kimmo Kemppi KEMPOWR Subscription +25,261 5.74 +30.9% 107,142 2021-12-13
Auro Invest Oy KEMPOWR Subscription +48,780 5.74 New 48,780 2021-12-13
Vesa Laisi KEMPOWR Subscription +31,097 5.74 New 31,097 2021-12-13
Eriikka Söderström KEMPOWR Subscription +29,181 5.74 New 29,181 2021-12-13
Tomi Ristimäki KEMPOWR Subscription +8,711 5.74 +55.2% 24,479 2021-12-13
Lomapilke Oy KEMPOWR Subscription +18,989 5.74 New 18,989 2021-12-13
Jukka Kainulainen KEMPOWR Subscription +8,710 5.74 +85.3% 18,916 2021-12-13
Tommi Liuska KEMPOWR Subscription +8,742 5.74 +86.6% 18,840 2021-12-13
Mikko Veikkolainen KEMPOWR Subscription +8,712 5.74 +88.2% 18,594 2021-12-13
Potestas Oy KEMPOWR Subscription +17,501 5.74 New 17,501 2021-12-13
Facultas Oy KEMPOWR Subscription +17,501 5.74 New 17,501 2021-12-13
Antti Kemppi KEMPOWR Subscription +17,501 5.74 New 17,501 2021-12-13
Petri Korhonen KEMPOWR Subscription +1,400 5.74 +17.9% 9,230 2021-12-13
Tero Era KEMPOWR Subscription +8,710 5.74 New 8,710 2021-12-13
Paula Savonen KEMPOWR Subscription +870 5.74 +13.0% 7,566 2021-12-13
Jussi Vanhanen KEMPOWR Subscription +2,000 5.74 New 2,000 2021-12-13

Liquidity

Number of shares traded 38 872 728
Average quantity per day 153 647
Average daily turnover 5 003 129
Daily turnover rel. mcap 0.28%
(2023-02-21 – 2024-02-21)

Short term outlook

New outlook for 2023

Kempower gave a positive profit warning on 17 July 2023 and raised its profit guidance for 2023.

Strong demand for Kempower’s electric vehicle charging solutions continued in the second quarter of 2023, exceeding the company’s expectations. At the same time, Kempower has succeeded in increasing its production capacity to match the surging market demand.  Kempower expects:

  • 2023 revenue; EUR 280–310 million, assuming no major impact from foreign currency exchange rates (revenue 2022: EUR 104 million, the revenue outlook published earlier on 14 April 2023 was EUR 240–270 million), 
  • 2023 operative EBIT margin, %; over 14% (updated on 19 October 2023. Operative EBIT margin % outlook published earlier on 18 July 2023 was; over 10%)

Kempower continues to seek strong growth in a profitable manner.  In H2 of 2023 Kempower will accelerate its growth initiatives towards the year 2024 both in Europe and in North America. Kempower expects significantly higher fixed costs for the second half of the year 2023. 

Financial targets

The Board of Directors resolved on Kempower’s financial targets on 19th of April 2023.  

  • Growth: revenue of EUR 750 million in the medium term (years 2026-2028) 
  • Profitability: operative EBIT margin of 10 percent to 15 percent reached in the medium term (years 2026-2028) and operative EBIT margin of at least 15 percent in the long term 
  • Dividends: No dividends in the short term 

Consensus estimates

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