2017-05-31 17:54:36 CEST

2017-05-31 17:54:36 CEST


REGULATED INFORMATION

Finnish English
Lehto Group Oyj - Inside information

Lehto Group Plc: Significant shareholders announce their intention to offer shares in Lehto to institutional investors


Not for release, publication or distribution, directly or indirectly, in or into
the United States, Australia, Canada, Hong Kong, South Africa or Japan or in any
other jurisdiction in which publication or distribution would be prohibited by
applicable law.

Lehto Group Plc
Stock Exchange Release
May 31, 2017 at 7:00 p.m. EEST

Lehto Group Plc: Significant shareholders announce their intention to offer
shares in Lehto to institutional investors

Lehto Group Plc (the "Company" or "Lehto") has been informed that shareholders
(the "Shareholders), who have on 24 April 2017 announced that they are exploring
options for reducing their ownership in Lehto, intend to sell up to 4,971,845
shares in the Company, (the "Shares") corresponding to approximately 8.5 per
cent of all the outstanding shares of the Company (the "Share Sale").

The Shareholders' ownership in the Company represents 69.7 per cent of the
outstanding shares in the Company, and the Shares to be sold in the Share Sale
represent approximately 12.2 per cent of the shares that the Shareholders own in
total in the Company. The Company's CEO Hannu Lehto has notified that he would
sell up to 0.5 per cent of the Company's shares owned by him through Lehto
Invest Oy, i.e. up to 100,000 shares. The Shareholders will decide the final
number of the Shares to be sold based on investor demand.

The Share Sale will be based on an accelerated book-building process, in which
selected institutional investors may submit bids for the shares offered. The
price of the Shares offered will be determined by the bids received in the
accelerated book-building process. The book-building process will commence
immediately and will end by 9.00 a.m. EEST on 1 June 2017 at the latest.
Receiving the bids may however be discontinued at any time during the book-
building process. The result of the Share Sale will be published on or about 1
June 2017.

OP Corporate Bank plc ("OP") and Pareto Securities ("Pareto") are acting as
Joint Bookrunners in the Share Sale.

Contact information:

Veli-Pekka Paloranta, CFO
+358 400 944 074
veli-pekka.paloranta@lehto.fi

Disclaimer

Both OP and Pareto are acting exclusively for Shareholders and no one else and
they will not regard any other person (whether or not a recipient of this
release) as their respective clients in relation to the Share Sale. OP and
Pareto will not be responsible to anyone other than Shareholders for providing
the protections afforded to their respective clients and will not give advice in
relation to the Share Sale or any transaction or arrangement referred to herein.
OP and Pareto assume no responsibility for the accuracy, completeness or
verification of the information set forth in this release and, accordingly,
disclaim, to the fullest extent permitted by applicable law, any and all
liability which they may otherwise be found to have in respect of this release.
Nothing contained in this release is, or shall be relied upon as, a promise or
representation as to the past or the future.

The information contained herein is not for publication or distribution,
directly or indirectly, in or into the United States, Canada, Australia, Hong
Kong, South Africa or Japan. This release does 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. There is no intention to register any portion of the
Share Sale in the United States or to conduct a public offering of securities in
the United States.

The issue, exercise or sale of securities in the Share Sale are subject to
specific legal or regulatory restrictions in certain jurisdictions. Shareholders
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 the 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.

Shareholders have not authorised any offer to the public of securities in any
Member State of the European Economic Area. The securities referred to in this
release 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 "Prospectus Directive" means
Directive 2003/71/EC (and amendments thereto).

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.


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