Vaahto Group Plc Oyj - Company Announcement

VAAHTO GROUP HAS COMPLETED THE FINANCIAL NEGOTIATIONS

Lahti, Finland, 2012-11-28 11:00 CET (GLOBE NEWSWIRE) -- VAAHTO GROUP PLC OYJ  STOCK EXCHANGE RELEASE            28.11.2012   at 12.00 



VAAHTO GROUP HAS COMPLETED THE FINANCIAL NEGOTIATIONS

The repayment covenant conditions related to the equity ratio of the Vaahto
Group involved in the loans from the from credit institutions were violated on
the Interim Report date, 31 August 2012, and because of that, those long-term
loans has been recorded as current liabilities. The financial negotiations with
the financier have now been completed and the Group has received from the
financier a commitment that the violations will not lead to any consequences. 

Lahti, 28 November 2012

VAAHTO GROUP PLC OYJ

Ari Viinikkala

Acting CEO

Vaahto Group is a globally operating high technology company serving process
industry in the fields of pulp and paper machinery and process machinery. 


         Information:
         Ari Viinikkala
         Acting CEO, Vaahto Group Plc Oyj
         tel. +358 400 127664