Inission has been granted an exemption from mandatory bidding on Enedo shares

On 16 February 2021, Enedo Oyj (publ) announced having agreed on a comprehensive arrangement of its debts totalling EUR 8.6 million. In connection with the arrangement, a total of EUR 3.3 million of Enedos current debts will be cancelled (the ”Loan Arrangement”). In order to complete the Loan Arrangement, to secure the continuity of Enedos operations and to carry out the turnaround programme, Enedo aims to carry out a rights issue (the ”Rights Issue”) and a directed issue (the ”Directed Issue”) to certain new investors (jointly, the ”Issues”), totalling approximately EUR 12 million.