Share and shareholders
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. The company does not hold any of the company’s own shares.
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.
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.
The following table shows the company’s largest shareholders based on the shareholder register maintained by Euroclear Finland Oy.
Short term outlook
Kempower anticipates continued good demand and favorable market development for the products it offers. As the company have successfully expanded footprint outside the Nordic region, it does not expect material seasonality in the quarterly revenue. Kempower will continue to expand its business in Europe according to its strategic growth targets. In 2022, Kempower is also exploring different options for expansion into the North American market, in order to meet its goal of having established operations in the United States by the end of the year 2023.