SRV announces preliminary results of the rights offering

SRV GROUP PLC     STOCK EXCHANGE RELEASE     10 SEPTEMBER 2015, AT 12:10 P.M.

SRV announces preliminary results of the rights offering

Not for publication, distribution or release, directly or indirectly, in or into the United States, Australia, Canada, Hong Kong, Japan, New Zealand, South Africa or Singapore.

The preliminary results of SRV’s approximately EUR 50 million rights offering indicate that a total of approximately 27,180,050 shares were subscribed for, representing approximately 114.5 percent of the 23,731,107 shares offered (the “offer shares”). Approximately 23,284,478 shares, representing approximately 98.1 percent of all offer shares, were subscribed for pursuant to subscription rights and approximately 3,895,572 shares, representing approximately 16.4 percent of all offer shares, were subscribed for without subscription rights in the secondary subscription.

The subscription period for the rights offering ended on 8 September 2015 and trading in interim shares (SRV1VN0115), representing the offer shares subscribed for pursuant to subscription rights, commenced on 9 September 2015. The interim shares will be combined with SRV’s ordinary shares (SRV1V) after the offer shares have been registered with the Finnish Trade Register, which is expected to occur on or about 14 September 2015. Trading in the offer shares as ordinary shares on the official list of NASDAQ OMX Helsinki Ltd is expected to start on or about 15 September 2015.

In accordance with the terms and conditions of the rights offering, the offer shares subscribed for without subscription rights (secondary subscription) will be allocated per book-entry account in proportion to the number of offer shares subscribed for and recorded on the subscriber’s book-entry account directly as ordinary shares on or about 15 September 2015.

SRV expects to announce the final results of the rights offering on 14 September 2015.

Nordea Bank Finland Plc and Pohjola Bank plc acted as the managers for the rights offering.

Further information:

Juha Pekka Ojala, President and CEO, tel. +358 (0)40 733 4173

Ilkka Pitkänen, CFO, tel. +358 (0)40 667 0906

Päivi Kauhanen, Vice President, Communications, tel. +358 (0)50 598 9560

www.srv.fi

DISCLAIMER

This announcement is not being made in and copies of it may not be distributed or sent into the United States, Australia, Canada, Hong Kong, Japan, New Zealand, South Africa or Singapore. This announcement does not constitute an offer to sell, or a solicitation of an offer to purchase, any securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. SRV Group Plc does not intend to register any of the securities in the United States or to conduct a public offering of the securities in the United States.

This communication does not constitute an offer of the securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the securities. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom or (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) and (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

 

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