Pihlajalinna Oyj :Full exercise of over-allotment option in shares of Pihlajalinna and discontinuation of the stabilisation period



Full exercise of over-allotment option in shares of Pihlajalinna and discontinuation of the stabilisation period

Danske Bank A/S, Helsinki Branch ("Danske Bank"), the sole bookrunner in the initial public offering of Pihlajalinna Plc ("Pihlajalinna" or the "Company"), has today fully exercised the over-allotment option granted by the Institutional Sellers (Sentica Buyout III Ky and Sentica Buyout III Co-Investment Ky) by purchasing 978,000 shares in Pihlajalinna from the Institutional Sellers. Simultaneously, Danske Bank redelivers to the Institutional Sellers 978,000 shares in Pihlajalinna it  borrowed on the basis of a share lending agreement related to the initial public offering.

The Institutional Sellers have sold a total of 1,700,000 shares in Pihlajalinna in the initial public offering, including the shares sold by exercise of the over-allotment option. The ownership of the Institutional Sellers in Pihlajalinna after selling the shares covered by the over-allotment option and after redelivering of the shares borrowed on the basis of a share lending agreement will be 5,035,990 shares, representing approximately 26 per cent of all outstanding shares in Pihlajalinna.

No stabilisation measures have been carried out since the listing, and due to Pihlajalinna's share price development, Danske Bank has discontinued the stabilisation period.

Further enquiries

Terhi Kivinen, SVP Communications, Marketing and IR, Pihlajalinna Plc, Tel. +358 40 848 4001

About Pihlajalinna

Pihlajalinna is one of the leading private social and healthcare services providers in Finland. The Company provides social and healthcare services for households, companies, insurance companies and public sector entities in private clinics, health centres, dental clinics and hospitals around Finland. Pihlajalinna provides general practitioner and specialised care services, including emergency and on-call services, a wide range of surgical services as well as occupational healthcare and dental care services, in private clinics and hospitals operating under the Dextra brand. Under the Pihlajalinna brand the Company, in cooperation with the public sector, offers social and healthcare service provision models to public sector entities with the aim of providing high quality services for public pay healthcare customers.

For more information about Pihlajalinna, please visit www.pihlajalinna-konserni.fi.


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