Lemminkäinen and YIT will complete the merger
LEMMINKÄINEN CORPORATION STOCK EXCHANGE RELEASE 18 AUGUST 2017 AT 11:00 A.M.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES OR TO ANY PERSON LOCATED OR RESIDENT IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.
LEMMINKÄINEN CORPORATION ANNOUNCES POSITIVE RESULTS OF NOTEHOLDERS’ MEETING FOR ITS EUR 100,000,000 SENIOR UNSECURED NOTES
The meeting of the holders of Lemminkäinen Corporation's (“Lemminkäinen”) EUR 100,000,000 senior unsecured notes due 2019 (ISIN FI4000100508) (the "Notes") was held on August 18, 2017 (the “Noteholders’ Meeting”).
The holders of the Notes resolved to approve the proposal relating to granting consents and waivers (the “Consents and Waivers”) and took decisions to amend the terms and conditions of the Notes (the “Amendments”).
The Consents and Waivers became effective immediately upon approval at the Noteholders’ Meeting, and the Amendments will become effective at the completion of the statutory absorption merger (the “Effective Date”) of Lemminkäinen into YIT Corporation as announced on 19 June 2017.
The payment of the instruction fees in connection with the consent solicitation will occur no later than five (5) business days following the occurrence of the Effective Date.
The details of the terms and conditions of the consent solicitation are set out in the consent solicitation memorandum dated 3 August 2017.
Solicitation Agents:
Danske Bank A/S: liabilitymanagement@danskebank.dk / +358 10 513 8865
Nordea Bank AB (publ): NordeaLiabilityManagement@Nordea.com / +45 61612996
Tabulation Agent:
Intertrust (Sweden) AB: trustee@intertrustgroup.com / +46 73 582 55 65
LEMMINKÄINEN CORPORATION
Corporate Communications
ADDITIONAL INFORMATION:
Ilkka Salonen, CFO
Tel. +358 20 71 53304
ilkka.salonen@lemminkainen.com
DISTRIBUTION:
Nasdaq Helsinki Ltd
Key media
www.lemminkainen.com
Lemminkäinen is an expert in complex infrastructure construction and building construction in Northern Europe and one of the largest paving companies in its market. Together with our customers and 4,700 professionals we employ, we build a sustainable society. In 2016, our net sales were EUR 1.7 billion. Lemminkäinen Corporation’s share is quoted on Nasdaq Helsinki Ltd. www.lemminkainen.com