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2016-01-08 18:55:47 CET 2016-01-08 18:55:47 CET REGLAMENTUOJAMA INFORMACIJA Consti Yhtiöt Oyj - Company AnnouncementConsti Group Plc:Stabilisation measures of Consti's share and exercise of over-allotment optionCONSTI GROUP PLC STOCK EXCHANGE RELEASE, Helsinki, Finland, 8 JANUARY 2016, at 7.55 p.m. NOT FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, NEW ZEALAND, AUSTRAILIA, JAPAN, HONG KONG, SINGAPORE OR SOUTH AFRICA, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. Stabilisation measures of Consti's share and exercise of over-allotment option Danske Bank A/S, Helsinki Branch ("Danske Bank"), the sole lead manager for the initial public offering of Consti Group Plc ("Consti" or the "Company"), has today exercised its over-allotment option granted by Intera Fund I Ky ("Intera") by purchasing 568,163 shares in Consti from Intera. Simultaneously, Danske Bank redelivers to Intera the shares in Consti it borrowed on the basis of a share lending agreement related to the initial public offering. Intera has sold a total of 4,152,864 shares in Consti in the initial public offering, including the shares sold by exercise of the over-allotment option. The ownership of Intera in Consti after selling the shares covered by the over- allotment option and after redelivering of the shares borrowed on the basis of the share lending agreement will be 939,436 shares, representing approximately 12.0 per cent of all outstanding shares in Consti. Danske Bank has carried out stabilisation measures in shares of Consti. Stabilisation was carried out between 11 December 2015 and 8 January 2016 when in total 31,837 shares were purchased at 9.43 - 9.50 euro per share. The stabilisation period has been terminated today and no further stabilisation measures will be carried out. Consti Group Plc Further enquiries Marko Holopainen, CEO, Consti Group Plc, Tel. +358 400 458 158 Esa Korkeela, CFO, Consti Group Plc, Tel. +358 40 730 8568 About Consti Consti is one of the leading companies focusing on renovation and technical services in Finland. Consti has a comprehensive service offering covering technical building services, residential pipeline renovation, renovation contracting, building facade repair and maintenance, and other renovation and technical services for demanding residential and non-residential properties. According to data collected from various companies by Rakennuslehti, a journal of the construction industry, Consti was the largest renovator in Finland in 2014 when measured by revenue from renovation. Consti has three business areas: Technical Building Services, Building Facades and Renovation Contracting. The customer base of the Company comprises housing corporations and their property managers, public institutions, real estate investors as well as corporations and industry. Consti's operations are strongly focused on the Finnish growth centres, particularly southern and western Finland. In 2014, approximately 80% of the Company's revenue was generated in Uusimaa (including Helsinki and the metropolitan area) and approximately 12% in Pirkanmaa (including the economic area of Tampere). In addition, Consti is present in Turku, Oulu and Lahti. The Company is headquartered in Helsinki and employs over 900 renovation professionals. For more information about Consti, please visit www.consti.fi. Disclaimer The information contained herein is not for publication or distribution, directly or indirectly, in or into the United States, Canada, New Zealand, Australia, Japan, Hong Kong, Singapore or South Africa. These written materials do not constitute an offer of securities for sale in the United States, nor may the securities be offered or sold in the United States absent registration or an exemption from registration as provided in the U.S. Securities Act of 1933, as amended, and the rules and regulations thereunder. The Company does not intend to register any portion of the offering in the United States or to conduct a public offering of securities in the United States. The issue, exercise and/or sale of securities in the initial public offering are subject to specific legal or regulatory restrictions in certain jurisdictions. The Company or Danske Bank A/S, Helsingin sivuliike assume no responsibility in the event there is a violation by any person of such restrictions. 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 published or offering circular distributed by the Company. The Company has not authorized 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 and 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 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. This communication is directed only at (i) persons who are outside the United Kingdom or (ii) persons who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") and (iii) high net worth entities, 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 communication relates will only be available to and will only be engaged with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents. DISTRIBUTION Nasdaq Helsinki Oy Major Media www.consti.fi [HUG#1977752] |
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