Lehto Group Oyj - Inside information

Lehto Group Plc: Significant shareholders are exploring options for reducing their ownership in Lehto Group Plc

Lehto Group Plc

Stock Exchange Release

24 April 2017 at 08:30 EEST


Lehto Group Plc: Significant shareholders are exploring options for reducing
their ownership in Lehto Group Plc

Shareholders (the "Shareholders") representing 69.7 per cent of the outstanding
shares  in Lehto Group Plc (the "Company" or "Lehto") have informed Lehto that
they have mandated OP Corporate Bank and Pareto Securities to jointly explore
options for reducing their ownership in the Company in one or several stages.
The Company believes that the planned share sale may improve the liquidity of
the Company's shares.

The Shareholders include, among others, the Company's CEO Hannu Lehto, Chairman
of the Board Pertti Huuskonen, COO Asko Myllymäki and CFO Veli-Pekka Paloranta
as well as other shareholders whose shares are part of the lock-up arrangement
expiring today. The lock-ups were put in place in conjunction with the Company's
listing on Nasdaq Helsinki.

The intention of the Shareholders is to sell at most not more than 30 per cent
of their ownership in the Company with the exception of the Company's CEO Hannu
Lehto, who has agreed to reduce his ownership (held through Lehto Invest Oy) by
not more than 5.0 per cent. The Shareholders will thus remain significant
shareholders in Lehto after any potential transaction(s).

The amount of shares to be potentially sold will depend on the demand and price
achieved, but will not in total represent more than 7,200,000 shares in the
Company or 12.4 per cent of all the Company's shares. The Shareholders have
agreed not to sell the remainder of their holdings in Lehto during a 180-day
period if the transaction(s) to reduce their ownership is completed.

Further information:

Veli-Pekka Paloranta, CFO

+358 400 944 074

veli-pekka.paloranta@lehto.fi


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