2022-07-01 08:30:00 CEST

2022-07-01 08:30:03 CEST


SRV Yhtiöt Oyj - Other information disclosed according to the rules of the Exchange

SRV discloses the new hybrid terms and conditions regarding the notes becoming effective and the accurate results of the tender offer

SRV discloses the new hybrid terms and conditions regarding the notes becoming
effective and the accurate results of the tender offer
SRV Group Plc (“SRV”) announced on 28 April 2022 that it was inter alia
commencing written procedures regarding potential amendments to the terms and
conditions of SRV's EUR 100 million unsecured fixed-rate notes with ISIN code
FI4000198122 (of which EUR 21,061,512 is outstanding after the amount of the
Notes redeemed in the earlier announced tender offer process has been confirmed)
(“EUR 21 million Notes”) and EUR 75 million unsecured fixed-rate notes with ISIN
code FI4000315395 (of which EUR 36,047,145 is outstanding after the amount of
the Notes redeemed in the earlier announced tender offer process has been
confirmed) (“EUR 36 million Notes” and together with the EUR 21 million Notes
“Notes”). Since that, SRV has inter alia disclosed the results of the written
Today, SRV announces that the hybrid terms and conditions of the Notes that were
approved in the written procedures have become effective on 30 June 2022, after
trading with the Notes for the trading day had ended in the Helsinki Stock
Exchange. The Notes bear interest on their outstanding principal amount from and
including the date on which the hybrid terms and conditions have become
effective, i.e., from and including 30 June 2022.
In addition, SRV announces that the outstanding principal amount of the EUR 36
million Notes has been confirmed and changed from EUR 35,960,645 to the above
-mentioned EUR 36,047,145, since the redemption of one note of EUR 86,500 was
Pareto Securities AB has acted as financial advisor in the written procedures in
respect of the Notes.
Additional Information:
Jarkko Rantala, CFO, tel. +358 40 674 1949, jarkko.rantala@srv.fi
Carl-Johan Hugner, Head of Real Estate IB, Pareto Securities AB, tel. +46 70 772
5826, cjh@paretosec.com
Nasdaq Helsinki
You can also find us on the social media:
Facebook (https://www.facebook.com/srv.fi)
LinkedIn (https://www.linkedin.com/company/srv)
Twitter (https://twitter.com/SRVYhtiot)
Instagram (https://instagram.com/srvfinland/)
SRV in brief
SRV is a Finnish developer and innovator in the construction industry. We are
building a more sustainable and responsible urban environment that fosters
economic value and takes into consideration the wellbeing of both the
environment and people. We call this approach lifecycle wisdom. Our genuine
engagement and enthusiasm for our work comes across in every encounter - and
listening is one of our most important ways of working. We believe that the only
way to change the world is through discussion.
Our company, established in 1987, is listed on the Helsinki Stock Exchange. We
operate in growth centres in both Finland and Russia. In 2021, our revenue
totalled EUR 932.6 million. In addition to about 1,000 SRV employees, we have a
network of around 3,600 partners.
SRV - Building for life
This release is not an offer for sale of securities in the United States.
Securities may not be sold in the United States absent registration with the
United States Securities and Exchange Commission or an exemption from
registration under the U.S. Securities Act of 1933, as amended. SRV does not
intend to register or to conduct a public offering of securities in the United

The distribution of this release may be restricted by law and persons into whose
possession any document or other information referred to herein comes should
inform themselves about and observe any such restrictions. The information
contained herein is not for publication or distribution, directly or indirectly,
in or into Australia, Canada, Japan or the United States. Any failure to comply
with these restrictions may constitute a violation of the securities laws of any
such jurisdiction. This release is not directed to, and is not intended for
distribution to or use by, any person or entity that is a citizen or resident or
located in any locality, state, country or other jurisdiction where such
distribution, publication, availability or use would be contrary to law or
regulation or which would require any registration or licensing within such

In any EEA Member State and in the United Kingdom, this release is only
addressed to and is only directed at qualified investors in that Member State or
in the United Kingdom within the meaning of Regulation (EU) 2017/1129 (the
“Prospectus Regulation”), which forms part of domestic law in the United Kingdom
by virtue of the European Union (Withdrawal) Act 2018.”

This release is only being distributed to and is only directed at (i) persons
who are outside the United Kingdom or (ii) investment professionals falling
within Article 19(5) of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005 (the “Order”) or (iii) high net worth companies, and other
persons to whom it may lawfully be communicated, falling within Article 49(2)(a)
to (d) of the Order (all such persons together being referred to as “relevant
persons”). Any securities mentioned herein are only available to, and any
invitation, offer or agreement to subscribe, purchase or otherwise acquire such
securities will be engaged in only with, relevant persons. Any person who is not
a relevant person should not act or rely on this release or any of its contents.

This release does not constitute a prospectus as defined in the Prospectus
Regulation and as such, does not constitute or form part of and should not be
construed as, an offer to sell, or the solicitation or invitation of any offer
to buy, acquire or subscribe for, any securities or an inducement to enter into
investment activity.

The amended terms and conditions of the Notes are included in full in the
notices of the written procedures regarding the Notes that SRV has drafted in
connection with the written procedures. The notices of the written procedures
are available at SRV's web site at www.srv.fi/en/investors.

Investors are advised to familiarise themselves with the notices of written
procedures and the information presented therein.

No part of this release, nor the fact of its distribution, should form the basis
of, or be relied on in connection with, any contract or commitment or investment
decision whatsoever. The information contained in this release has not been
independently verified. No representation, warranty or undertaking, expressed or
implied, is made as to, and no reliance should be placed on, the fairness,
accuracy, completeness or correctness of the information or the opinions
contained herein. SRV or any of its respective affiliates, advisors or
representatives or any other person, shall have no liability whatsoever (in
negligence or otherwise) for any loss however arising from any use of this
release or its contents or otherwise arising in connection with this release.
Each person must rely on their own examination and analysis of SRV, its
subsidiaries, its securities and the transactions, including the merits and
risks involved.

Pareto acts exclusively for SRV and no one else. Pareto does not regard any
other person as a respective client in relation to the arrangement. Pareto will
not be responsible to anyone other than SRV for providing the protections
afforded to its respective clients nor for giving advice in relation to the
arrangement or any transaction or arrangement referred to herein.

This release includes forward-looking statements. These statements may not be
based on historical facts but are statements about future expectations. When
used in this release, the words “aims,” “anticipates,” “assumes,” “believes,”
“could,” “estimates,” “expects,” “intends,” “may,” “plans,” “should,” “will,”
“would” and similar expressions as they relate to SRV and the transactions
identify certain of these forward-looking statements. Other forward-looking
statements can be identified in the context in which the statements are made.
These forward-looking statements are based on present plans, estimates,
projections and expectations and are not guarantees of future performance. They
are based on certain expectations, which, even though they seem to be reasonable
at present, may turn out to be incorrect. Such forward-looking statements are
based on assumptions and are subject to various risks and uncertainties. Readers
should not rely on these forward-looking statements. Numerous factors may cause
the actual results of operations or financial condition of SRV to differ
materially from those expressed or implied in the forward-looking statements.
SRV or any of its affiliates, advisors or representatives or any other person
undertakes no obligation to review or confirm or to release publicly any
revisions to any forward-looking statements to reflect events that occur or
circumstances that arise after the date of this release.