A-shares have full shareholder rights

Influence over the company's decisions

The A-shares have the right to vote at the Annual General Meeting, which allows them to influence the company's decision-making and development.

A-shares benefit from the company's value increase

Additional benefits with A-shares


A-shares carry voting rights. Shareholders have the opportunity to influence the company's development at the Annual General Meeting.

A-shareholders are eligible for value increase in stocks.

A-shares can be traded on the secondary market. The company is constantly exploring new potential alternatives for aftermarket locations.

The company's goal is to pay a dividend on A-shares. However, the distribution of dividends on A-shares must not jeopardize growth targets or other obligations, such as the payment of dividends on preference shares.*

You may lose your invested capital.

The tax treatment of dividends is the same as for preference shares.

Secondary right to dividend and distribution of funds in the event of liquidation.

Preference shares

Preference shares do not carry voting rights.

Preference shares have no appreciation potential.

According to the Articles of Association, preference shares are non-transferable. Preference shares cannot be traded.

The dividend payment will continue if the distribution of profits does not jeopardize the company's growth objectives, financial position, solvency, or other obligations.

You may lose your invested capital.

Dividends are taxed the same way as before.

Pre-emptive right solely for a fixed dividend. In the event of cancellation, pre-emptive right up to the subscription price of the preference share.

Preference shares can be converted into A shares on a limited basis

GF Money organized a conversion issue from September 21 to October 2, 2020, in which the preference shares could be converted into A-shares. Potential new conversion issues will be announced later.

The company may offer the option to convert preference shares into A shares in a separate conversion issue.

Preference shares cannot be converted into A-shares, except during the conversion issues.

There are a total of 5,508,900 A shares.

Preference shares

Preference shares fall into different categories. The characteristics and differences of the shares are specified in the Articles of Association.

Learn more about the share issue agreements of each share series and the Articles of Association from the link below. (The link takes site visitors to “yhtiömateriaalit” which are only provided in Finnish.)


Latest information on preference shares

Why have redemptions been suspended? When will they continue?

The company has suspended redemptions of preference shares for the time being because of the increased uncertainty due to the Covid-19 pandemic. The duration of the uncertain remark is not yet known and the situation may take longer than expected.

In the current situation, the payment of redemptions would not be in the good interest of creditors and co-owners due to the cash flow. As a precaution, the company has decided to suspend redemptions for the time being since March 2020.

Why has the dividend been discontinued? When will the dividend share continue?

Dividends have been suspended as preliminary figures for 2020 have indicated that the company has no retained earnings to pay dividends.

According to the Articles of Association, a dividend can only be paid on retained earnings. As the company does not currently have retained earnings, the company is not able to pay dividends. As the company gains accumulated profits, dividend payment will be continued in accordance with the Articles of Association.

The payment of a dividend also requires that the company is solvent in accordance with the Board’s assessment and that the payment of dividends does not jeopardize the company’s solvency. We will continue to pay dividends as the company gains profits.

Why has the company discontinued dividend payments but continues to pay off debt in larger amounts than before?

Debt financing obligations must always be settled before dividends or redemptions of preference shares. Our efforts are aimed at improving our solvency and profitability and thus our ability to continue paying dividends in the future.