Lehto Group Plc, inside information: Proposal for Lehto’s restructuring programme has been filed with the District Court of Oulu
Lehto Group PlcInside information17 June 2024 at 16.45 (Finnish time)The administrator of Lehto Group Plc’s (the ”company” or ”Lehto”) corporate restructuring proceedings, attorney Klaus Majamäki, has on 17 June 2024 filed proposal for the company’s restructuring programme with the District Court of Oulu. In the view of the company and the administrator, the restructuring programme would lead to a better outcome for the company's creditors than bankruptcy. The aim of the restructuring programme is, inter alia, to enable the company to start the Energy Construction Business (defined