VVO-Yhtymä Oyj - Company Announcement

VVO Group Plc: Listing prospectus for VVO's EUR 200 million bond available

VVO GROUP PLC
STOCK EXCHANGE RELEASE
17 October, 2016 at 14.30 EET

Listing prospectus for VVO's EUR 200 million bond available

Not for release, publication or distribution, directly or indirectly, in or into
the United States, Australia, Canada, Hong Kong, Japan or Singapore, or any
other jurisdiction in which the distribution or release would be unlawful.

VVO Group plc has issued a EUR 200 million and 7 year senior secured bond mainly
to institutional investors. The bond matures on 17 October 2023 and it carries a
fixed coupon interest rate of 1.625 percent per annum. The issuer may redeem the
bond before its final maturity date.

The Finnish Financial Supervisory Authority has today approved the listing
prospectus of the bond. The prospectus is available in English on the company's
website at https://vvokonserni.fi/en/finances/bond2016

VVO Group plc has applied for the bond to be listed on the official list of the
Nasdaq Helsinki Ltd. Public trading on the notes is expected to commence on or
about 21 October 2016 under the trading code "VVOJ162523".

The proceeds from the issued bond were on-lent to VVO Kodit Oy for the purposes
of refinancing existing financial indebtedness, to finance growth investments
and for general corporate purposes.

Nordea Bank Finland Plc and Handelsbanken Capital Markets, Svenska Handelsbanken
AB (publ) acted as lead managers for the bond issue.

For more information:

VVO Group plc
Jani Nieminen, CEO, tel. 020 508 3201
Erik Hjelt, CFO, tel. 020 508 3255


VVO Group plc

Under the Lumo and VVO brands, VVO Group Plc offers versatile and effortless
rental solutions coupled with an extensive range of housing services for
different life situations. VVO Group aims to invest heavily in increasing its
housing supply by 2021 through the development of new properties and acquisition
of existing properties. www.vvokonserni.fi



Disclaimer

Information contained in this release may not be released, published or
distributed, directly or indirectly, in the United States, Australia, Canada,
Hong Kong, Japan or Singapore or such other countries or otherwise in such
circumstances in which the offering of the bond would be unlawful or require
measures other than those required under the laws of Finland. This release does
not constitute an offer of, or an invitation to purchase, any securities in any
jurisdiction. No offer will be made to persons whose participation in the
offering requires any additional prospectus or registration.

The bond has not been and will not be registered under the U.S. Securities Act
of 1933, as amended, or with any securities regulatory authority of any state of
the United States. The bond may not be offered or sold, pledged or otherwise
transferred directly or indirectly within the United States or to, or for the
account or benefit of any U.S. person (as such terms are defined in Regulation S
under the Securities Act), except in certain transactions exempt from the
registration requirements of the Securities Act. In addition, until 40 days
after the commencement of the offering of the Bond, an offer or sale of the Bond
within the United States by a dealer (whether or not participating in the
offering) may violate the registration requirements of the Securities Act.

VVO Group plc has not authorized the offering of the bond to the public in any
member state of the European Economic Area (the "EEA"). All offers of the bond
in the EEA will be made pursuant to an exemption from the Prospectus Directive
(Directive 2003/71/EC as amended, including by Directive 2010/73/EU), as
implemented in the member states of the EEA (each, a "Relevant Member State"),
from the requirement to produce a prospectus under the Prospectus Directive for
offers of securities. The offer is only addressed to and directed at persons in
Relevant Member States who are "qualified investors" within the meaning of
Article 2(1)(e) of the Prospectus Directive and the minimum size of the
investment is EUR 100,000. The expression an "offer to the public" in relation
to any securities in any Relevant Member State means the communication in any
form and by any means of sufficient information on the terms of the offer and
any securities to be offered so as to enable an investor to decide to purchase
any securities, as the same may be varied in that Relevant Member State by any
measure implementing the Prospectus Directive in that Relevant Member State.

The financial institutions defined herein are acting exclusively for VVO Group
plc as lead managers of the offering and will not be responsible to anyone other
than VVO Group plc for providing the protections afforded to its clients nor
giving investment or other advice in relation to the bond, the listing of the
bond or the contents of the prospectus, or any other transaction or any other
matter mentioned herein.

The information provided herein is addressed to and directed only at persons in
the United Kingdom in circumstances where section 21(1) of the Financial
Services and Markets Act 2000 as amended, does not apply and is solely directed
at persons in the United Kingdom who (a) 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") or (b)
persons falling within Article 49(2)(a) to (d) of the Order, or other persons to
whom it may be lawfully communicated (all such persons together being referred
to as "relevant persons"). This release is directed only at relevant persons and
any person who is not a relevant person must not act or rely on this document or
any of its contents.

The bond may not be offered, directly or indirectly, in Switzerland except in
circumstances that will not result in the offer of the bond being a public
offering in Switzerland within the meaning of the Swiss Code of Obligations and
the bond will not be listed on the SIX Swiss Exchange Ltd. ("SIX Swiss
Exchange") or on any other stock exchange or regulated trading facility in
Switzerland. Neither the applicable prospectus nor any other offering or
marketing material relating to the bond constitutes a prospectus as such term is
understood pursuant to article 652a or article 1156 of the Swiss Code of
Obligations or a listing prospectus within the meaning of the listing rules of
the SIX Swiss Exchange or any other regulated trading facility in Switzerland,
and neither the applicable prospectus nor any other offering or marketing
material relating to the bond may be publicly distributed or otherwise made
publicly available in Switzerland. VVO-Group plc is not authorized by or
registered with the Swiss Financial Market Supervisory Authority ("FINMA") as a
foreign collective investment scheme. Therefore, investors do not benefit from
protection under the Swiss collective investment schemes law or supervision by
FINMA. 

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