Lehto Group Oyj - Company Announcement

Lehto Group Plc: FULL EXERCISE OF OVER-ALLOTMENT OPTION IN LEHTO GROUP'S SHARES AND DISCONTINUATION OF STABILISATION PERIOD

Stock Exchange Release 18 May 2016, at 10.30 a.m. EET

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE
OR IN PART, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN, SINGAPORE, SOUTH
AFRICA OR THE UNITED STATES, OR ANY OTHER JURISDICTION IN WHICH RELEASE OR
DISTRIBUTION WOULD BE UNLAWFUL

OP Corporate Bank plc ("OP"), the global coordinator in the initial public
offering of Lehto Group Plc ("Lehto Group" or "Company"), has today fully
exercised the over-allotment option granted by certain shareholders of the
Company ("Selling Shareholders") by purchasing 1,467,268 shares in Lehto Group
from the Selling Shareholders. Simultaneously, OP redelivers to Lehto Invest Oy
1,467,268 shares in Lehto Group it borrowed on the basis of a share lending
agreement related to the initial public offering.

The Selling Shareholders have sold a total of 3,199,608 shares in Lehto Group in
the initial public offering including the shares sold through the exercise of
the over-allotment option. The ownership of the Selling Shareholders and the
other old shareholders in Lehto Group after selling the shares covered by the
over-allotment option and after the redelivery of the of the shares borrowed on
the basis of the share lending agreement will be 42,110,796 shares representing
approximately 72.3% of all outstanding shares in Lehto Group. The ownership of
Lehto Invest Oy in Lehto Group after selling the shares covered by the over-
allotment option and after the redelivery of the of the shares borrowed on the
basis of the share lending agreement will be 21,735,216 shares representing
approximately 37.3% of all outstanding shares in Lehto Group.

No stabilisation measures have been carried out since the listing and due to
Lehto Group's share price development OP has discontinued the stabilisation
period.

Lehto Group Plc

Pertti Huuskonen, the chairman of the Board of Directors

Hannu Lehto, CEO

More information:

Veli-Pekka Paloranta, CFO tel. +358 400 944 074

Pertti Huuskonen, the chairman of the Board of Directors tel. +358 400 680 816

Lehto Group in brief

Lehto Group is a Finnish construction and real estate group focusing on
economically driven construction. The Company's mission is to be an innovative
reformer of the construction industry. The Company has divided its operations
into four service areas: Business Premises, Housing, Social Care and Educational
Premises and Building Renovation. Lehto Group currently operates in Finland and
is geographically concentrated in growth centres, which form a significant part
of the construction volume. The Company's headquarters are located in Kempele.
The Company employed 423 people at the end of the financial year 2015.



DISCLAIMER

This announcement is not for publication or distribution, directly or
indirectly, in Australia, Canada, Hong Kong, Japan, Singapore, South Africa or
the United States, or any other jurisdiction in which release or distribution
would be unlawful. The distribution of this announcement may be restricted by
law in certain jurisdictions and persons into whose possession any document or
other information referred to herein comes should inform themselves about and
observe any such restriction. Any failure to comply with these restrictions may
constitute a violation of the securities laws of any such jurisdiction.

The information contained herein shall not constitute an offer to sell or a
solicitation of an offer to buy, nor shall there be any sale of the securities
referred to herein in any jurisdiction in which such offer, solicitation or sale
would be unlawful prior to registration, exemption from registration or
qualification under the securities laws of any such jurisdiction. Investors must
neither accept any offer for, nor acquire, any securities to which this document
refers, unless they do so on the basis of the information contained in the
applicable prospectus approved by the Finnish Financial Supervisory Authority
and published by the Company.

These written materials do not constitute an offer for sale of securities in the
United States, nor may the securities be offered or sold in the United States
absent registration or an exemption from registration under the U.S. Securities
Act of 1933, as amended, and the rules and regulations thereunder. The
securities will not be registered under the U.S. Securities Act of 1933, as
amended, and there will be no public offering of the securities in the United
States.

The Company has not authorised any offer to the public of securities in any
member state of the European Economic Area other than Finland. With respect to
each member state of the European Economic Area other than Finland which has
implemented the Prospectus Directive (each, a "Relevant Member State"), no
action has been undertaken or will be undertaken to make an offer to the public
of securities requiring publication of a prospectus in any Relevant Member
State. As a result, the securities may only be offered in Relevant Member States
(a) to any legal entity which is a qualified investor as defined in the
Prospectus Directive; or (b) in any other circumstances falling within Article
3(2) of the Prospectus Directive. For the purposes of this paragraph, the
expression "an offer of securities to the public" means the communication in any
form and by any means of sufficient information on the terms of the offer and
the securities to be offered so as to enable an investor to decide to exercise,
purchase or subscribe for the securities, as the same may be varied by any
measure implementing the Prospectus Directive in that Relevant Member State, and
the expression "Prospectus Directive" means Directive 2003/71/EC (and amendments
thereto, including the 2010 PD Amending Directive, to the extent implemented in
the Relevant Member State), and includes any relevant implementing measure in
the Relevant Member State and the expression "2010 PD Amending Directive" means
Directive 2010/73/EU.

The information contained herein shall not constitute a public offering of
shares in the United Kingdom. This document is only being distributed to and is
only directed at (i) persons who are outside the United Kingdom or (ii) to
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) of the Order (all such persons
together being referred to as "relevant persons"). Any investment activity to
which this document relates will be only available to, and will be engaged in
only with, relevant persons. Any person who is not a relevant person should not
act or rely on this document or any of its contents.

This document includes "forward-looking statements" that involve risks,
uncertainties and other factors, many of which are outside of the Company's
control and could cause actual results to differ materially from the results
discussed in the forward-looking statements. Forward-looking statements include
statements concerning the Company's dividend policy, financial targets, plans,
objectives, goals, future events, performance and/or other information that is
not historical information. The Company undertakes no obligation to publicly
update or revise forward-looking statements to reflect subsequent events or
circumstances after the date made, except as required by law.



OP Corporate Bank plc and Pareto Securities Oy (together, the "Bookrunners") are
acting exclusively for the Company in connection with the listing. The
Bookrunners will not regard any other person as their respective client in
relation to the listing and will not be responsible to anyone other than the
Company for giving advice in relation to the listing or transactions related
thereto.


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