2014-03-17 08:30:00 CET

2014-03-17 08:30:04 CET


REGULATED INFORMATION

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Neo Industrial Oyj - Company Announcement

NEW LONG TERM FINANCING AGREEMENT FOR NEO INDUSTRIAL'S CABLE SEGMENT


NEO INDUSTRIAL PLC          STOCK EXCHANGE RELEASE      17 March 2014 at 9.30 am

NEW LONG TERM FINANCING AGREEMENT FOR NEO INDUSTRIAL'S CABLE SEGMENT

The financial negotiations of the Cable Segment of Neo Industrial Plc have been
concluded and a long term financing agreement has been signed. With this
arrangement the Cable Segment replaces previous short term loans with long term
loans and at the same time enables a working capital increase with EUR 2
million at a later date. Group´s short term financing consists mainly of
factoring finance. 

Terms of the financing agreement include financial covenants for Cable Segment.
In addition, the use and distribution of the funds requires consent from the
financier. 

Neo Industrial Plc
Board of Directors



For further information, please contact:
Jari Salo, Managing Director, tel. +358 207 209 196
Sari Tulander, CFO, tel. +358 207 209 192

www.neoindustrial.fi

Neo Industrial's strategy is to invest mainly in industrial companies with
similar synergic benefits. The aim of investments is with active ownership to
develop the purchased companies and establish additional value. Returns are
sought through both dividend flow and an increase in value. Neo Industrial's
class B shares are listed on the NASDAQ OMX Helsinki Stock Exchange. Neo
Industrial's business segment is Cable Industry.