Elisa acquires Anvia's ICT business

ELISA STOCK EXCHANGE RELEASE 30 MAY 2016 9:40 AM

Elisa and Anvia Oyj have signed an agreement in which Elisa acquires from Anvia the total share capital of the following companies: Anvia Telecom Oy, Anvia IT-Palvelut Oy, Anvia Hosting Oy, Anvia TV Oy and Watson Nordic Oy. The acquired businesses include Anvia’s telecom business, IT and hosting businesses as well as parts of TV business.

The acquisition price is EUR 107 million and Elisa pays it with Anvia shares, cash and security business Tansec Oy shares. Elisa will not own any Anvia shares after the deal. This acquisition has no impact on Elisa’s dividend payment capabilities nor its profit distribution policy.

In 2015 revenue of acquired businesses totalled EUR 82 million and EBITDA EUR 15 million. Number of personnel is 303. At the end of 2015 Anvia Telecom Oy had approximately 62,000 fixed broadband subscriptions, 43,000 fixed telephone subscriptions and 80,000 cable-TV subscriptions. The transaction has positive synergy benefits, of which Elisa gives estimates in connection with the second quarter interim report.

The transaction is subject to the approval of the Anvia’s extraordinary general meeting. Elisa estimates to close the transaction during the second quarter 2016.

ELISA CORPORATION

Vesa Sahivirta
IR Director
tel. +358 10 262 3036

Additional information:

Mr. Jari Kinnunen, CFO, tel. +358 10 262 9510
Mr. Vesa Sahivirta, IR Director, tel. +358 10 262 3036

Distribution:

Nasdaq Helsinki
Principal media
www.elisa.com