Eevia Health Oyj First Quarter Interim Report 2021

Seinäjoki, Finland, May 18th, 2021 - Eevia releases an adjusted Interim Report for Q1-21 and makes plans to list its shares in Sweden. After a shareholders' decision on April 21st, Eevia Health Oy has changed its legal form from a private limited company to a public limited company and became Eevia Health Oyj. In the same decision the share capital was increased to EUR 80.000, which followed a pre-IPO equity issue of EUR 1,2 million completed in January 2021.

Eevia Health Oyj is a Finnish producer of organic-certified plant extracts. The company is experiencing rapid growth and to finance needed capacity expansion, the company is preparing an Initial Public Offering (IPO). The IPO will be followed by listing for public trading of its shares at an MTF-exchange in Stockholm.

"For Eevia Health Oyj to be able to compete properly in a EUR 500 billion international nutraceuticals market, we need access to capital to meet the strong demand with more capacity" states CEO, Stein Ulve from Eevia Health Oyj.

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Kim Nurmi-Aro, CFO
Eevia Health Oyj
Mobile: +358 50 444 0717
Email: kim@eeviahealth.com

ABOUT EEVIA HEALTH OYJ

Eevia Health Oyj, founded in March 2017, addresses significant health problems with bioactive compounds extracted from plant material from the pristine Finnish forests near the Arctic Circle. The extracts are sold B2B as ingredients to dietary supplements and food brands globally. The focus is on ingredients that protect human health prophylactically, meaning they work to reduce the risk of deteriorating health or even developing a disease. In its portfolio, Eevia Health has immune-modulating products that have effects on Th1-type cytokines, such as IFN- and TNF-α cell signaling molecules, which are very important in the immune response to pathogens (virus, bacteria). Similarly, Eevia Health is developing a new product that prevents protein accumulation in the RPE-cells in the Retina, which may reduce the risk of developing eye disease AMD (Age-Related Macular Degeneration).

Eevia Health is a small, but fast-growing Finnish manufacturer of 100% organically certified plant extracts. Most of its raw materials, such as bilberry, lingonberry, chaga-mushroom, and pine bark, are wild-harvested in a sustainable fashion. The safe and effective ingredients of high quality, such as high concentrate bilberry anthocyanin extracts (36%) and pine bark extracts (70% oligomeric proanthocyanidins), are organically certified. Eevia Health operates a modern green-chemistry production facility in Finland, located close to the raw materials. The short value-chain enables an environmentally friendly carbon footprint, competitive pricing, and extreme transparency. To learn more, please visit www.eeviahealth.com or follow Eevia Health on LinkedIn @EeviaHealth.

Resolutions of Eevia Health Plc's Annual General Meeting 2021

The Annual General Meeting of shareholders of Eevia Health Plc was held in Seinäjoki, on June 22, 2021. Two shareholders representing 3 797 500 shares and votes (36,14% of total shares) were represented at the meeting. The AGM decided each and all the proposals from the Board of Directors as described in the Notice of Annual General Meeting, unanimously.


Correction: Eevia Health's share issue in connection to listing on Spotlight Stock Market subscribed over 400 percent

This is a correction to earlier press release today, which stated that the equity issue was over-subscribed by over 400%. The correct is subscribed by over 400%. Also in one media channel the MAR label was omitted by mistake in the Press release itself.

Eevia Health Plc ("Eevia"), a fast-growing functional foods company, today announces that the new share issue of approximately SEK 26.2 million prior to the planned listing on Spotlight Stock Market, was heavily oversubscribed. Subscriptions from over 3,500 investor accounts for a total subscription value of SEK 109.0 million means that the share issue was subscribed 4.16 times (or 416%). 


Eevia Health's share issue in connection to listing on Spotlight Stock Market over-subscribed over 400 percent

Eevia Health Plc ("Eevia"), a fast-growing functional foods company, today announces that the new share issue of approximately SEK 26.2 million prior to the planned listing on Spotlight Stock Market, was heavily oversubscribed. Subscriptions from over 3,500 investor accounts for a total subscription value of SEK 109.0 million means that the share issue was subscribed 4.16 times (or 416%).




Eevia Health Oyj First Quarter Interim Report 2021

Seinäjoki, Finland, May 18th, 2021 - Eevia releases an adjusted Interim Report for Q1-21 and makes plans to list its shares in Sweden. After a shareholders' decision on April 21st, Eevia Health Oy has changed its legal form from a private limited company to a public limited company and became Eevia Health Oyj. In the same decision the share capital was increased to EUR 80.000, which followed a pre-IPO equity issue of EUR 1,2 million completed in January 2021.


EEVIA HEALTH OY RECEIVES LARGE PURCHASE ORDERS FOR BERRY EXTRACT

Eevia Health Oy, a Finnish producer of organically-certified plant extracts, has received large purchase orders from US customers for elderberry extract, which is very popular as an immune-stimulant.


EEVIA HEALTH REOPENS INGREDIENT FACTORY AFTER INVESTMENTS

Eevia Health Oy, a Finnish producer of health ingredients made from organically-certified plant extracts, has upgraded its green-chemistry manufacturing plant in Finland to meet strong demand from customers.


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