29.03.2021 09:00Johdon liiketoimet / Management transactions

ORTHEX CORPORATION – MANAGERS’ TRANSACTIONS – HUBER

Orthex Corporation, March 29, 2021 at 12 p.m. EET Managers’ transactions

Orthex Corporation – Managers’ Transactions – Huber

Person subject to the notification requirement

Name: Huber, Satu

Position: Member of the Board

Issuer: Orthex Corporation

LEI: 7437008RMK8BSWN39T09

Notification type: INITIAL NOTIFICATION

Reference number: 7437008RMK8BSWN39T09_ 20210325145526_6

Transaction date: 2021-03-24

Venue not applicable

Instrument type: SHARE

ISIN: FI4000480504

Nature of the transaction: SUBSCRIPTION

Transaction details

(1): Volume: 13 000 Unit price 6.14 EUR

Aggregated transactions

(1) Volume: 13 000 Volume weighted average price: 6.14 EUR

Contact

Saara Mäkelä, CFO, Orthex Corporation     
Tel. +358 40 083 8782
saara.makela@orthexgroup.com

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.