Neo Industrial Oyj - Other information disclosed according to the rules of the Exchange

Neo Industrial Plc Stock exchange release 21 December 2017

Neo Industrial: Large ground cabling contracts to Reka Cables

Neo Industrial Plc’s subsidiary Reka Cables Ltd has received substantial contracts for underground power cables of a total value of approximately EUR 20 million. The deliveries will be made during 2018 and 2019. The underground power cables are used when building grids that are not vulnerable to weather conditions.

 
Hyvinkää, December 21, 2017
Ralf Sohlström
Managing Director


Further information:
Ralf Sohlström, Managing Director, tel. +35840 770 2720


www.neoindustrial.fi/en

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 main list of NASDAQ Helsinki Stock Exchange. Neo Industrial's business segment is Cable Industry.