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2025-01-21 16:00:00 CET 2025-01-21 16:00:15 CET REGULATED INFORMATION Solteq Oyj - Other information disclosed according to the rules of the ExchangeRepurchase and Cancellation of Bond NotesStock Exchange Bulletin Other information disclosed according to the rules of the Exchange January 21, 2025, at 5:00 p.m. EET Solteq Plc (“Solteq”) announces that it has repurchased its outstanding notes for the acquired amount of EUR 2,260,000 maturing in 2026. This strategic action is part of the Company's ongoing efforts to optimize its financial structure and enhance financial flexibility. The Board of Directors has resolved to cancel the acquired notes. This decision is expected to strengthen the Company's financial position and provide greater flexibility for future operations. The buybacks reduce Solteq's interest expenses, strengthening the credit profile and reducing financial risks. If market conditions permit, the company may continue repurchases. The outstanding amount of the bond (ISIN FI4000442264) will be EUR 20,740,000 after the cancellation of the acquired notes. SOLTEQ PLC BOARD OF DIRECTORS Distribution: Nasdaq Helsinki Key media www.solteq.com Further information: CEO Aarne Aktan Tel: +358 40 342 4440 Email: aarne.aktan@solteq.com Solteq in brief Solteq is a Nordic software solution and expert service provider specializing in retail and energy sectors and needs related to e-commerce. The company employs over 400 professionals and has offices in Finland, Sweden, Norway, Denmark, Poland, and the UK. |
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