Orthex Oy March 29, 2021 at 12:00 p.m. EET Managers’ transactions
ORTHEX CORPORATION – MANAGERS’ TRANSACTIONS – LEDIN
Orthex Corporation – Managers’ Transactions – Ledin
Person subject to the notification requirement
Name: Ledin, Nicholas
Position: Other senior manager
Issuer: Orthex Corporation
Notification type: INITIAL NOTIFICATION
Reference number: 7437008RMK8BSWN39T09_20210323112627_2
Transaction date: 2021-03-24
Venue not applicable
Instrument type: SHARE
Nature of the transaction: SUBSCRIPTION
(1): Volume: 5000 Unit price 6.14 EUR
(1) Volume: 5000 Volume weighted average price: 6.14 EUR
Saara Mäkelä, CFO, Orthex Corporation
Tel. +358 40 083 8782
Orthex in brief
Orthex is a leading Nordic houseware company. Orthex designs, produces and sells household products with a mission to make consumers’ everyday life easier: Orthex strives to create functional, long lasting and sustainable high-quality household products. Orthex’s products cover multifunctional assortment of storage boxes, kitchen products and products for home and yard. Orthex markets and sells its products under three main consumer brands: SmartStore, GastroMax and Orthex. In addition, it sells externally produced kitchen products under the Kökskungen brand.
Orthex has more than 100 years of experience in the production, design and marketing of household products, and it has approximately 800 customers in more than 40 countries. Orthex’s core geographic markets include the Nordics (i.e., Finland, Sweden, Norway, Denmark and Iceland) and export markets, including Germany, France and the United Kingdom. Orthex is headquartered in Espoo, Finland, and it currently has seven local sales offices located in the Nordics, Germany, France and the United Kingdom. Orthex’s production facilities are located in Tingsryd and Gnosjö, Sweden, and in Lohja, Finland. In addition, Orthex has centralized warehousing in Sweden and Finland in connection with its Tingsryd and Lohja production facilities, as well as an outsourced warehouse in Überherrn, Germany.
Orthex aims to be the industry forerunner in sustainability by promoting safe and long-lasting products, reducing the carbon footprint of its operations and products, as well as by sourcing an ever-increasing amount of raw materials from bio-based and recycled materials. Orthex aims for its production process to be carbon neutral by 2030.