Viking Line Abp publishes the final result of the rights offering

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Viking Line Abp  STOCK EXCHANGE RELEASE  28.12.2021 at 1.00 pm EET

Viking Line Abp publishes the final result of the rights offering

The final result of Viking Line Abp’s (“Viking Line” or the “Company”) rights offering (the “Offering”) shows that 6,294,153 shares, corresponding to approximately 97.1 percent of the new shares offered (the “Offer Shares”) were subscribed for pursuant to the exercise of subscription rights. The remaining 185,847 Offer Shares have been allotted to subscribers who have subscribed for Offer Shares without subscription rights. The subscription price was EUR 8.00 per Offer Share. Viking Line will receive approximately EUR 51.8 million through the Offering before taking into account any transaction costs in relation to the Offering.

Allotment of Offer Shares that were subscribed for without subscription rights has been made in accordance with the terms and conditions of the Offering. As a result of the Offering, the total number of shares in the Company will increase by 6,480,000 from 10,800,000 to 17,280,000.

The Offer Shares will be registered with the Finnish Trade Register on or about 29 December 2021. The last day of trading in interim shares on Nasdaq Helsinki will be on or about 28 December 2021. Interim shares will be combined with the existing shares of the Company on or about 29 December 2021. Trading in the Offer Shares is expected to commence on Nasdaq Helsinki on or about 30 December 2021.

The Offer Shares will entitle their holders to possible dividend and other distribution of funds, if any, and to other shareholder rights in the Company after they have been registered with the Finnish Trade Register and recorded in the Company’s shareholder register maintained by Euroclear Finland.

Nordea Bank Abp acts as the Sole Global Coordinator and lead manager of the Offering. Hannes Snellman Attorneys Ltd acts as the legal advisor to the Company in connection with the Offering.

Viking Line Abp

Jan Hanses
President and CEO

Important notice

This release is not an offer for sale of securities in the United States. Securities may not be sold in the United States absent registration with the United States Securities and Exchange Commission or an exemption from registration under the U.S. Securities Act of 1933, as amended. The Company does not intend to register any part of the share issue in the United States or to conduct a public offering of securities in the United States.

The distribution of this release may be restricted by law and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restrictions. The information contained herein is not for publication or distribution, in whole or in part, directly or indirectly, in or into United States, Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, South Africa or any other jurisdiction where such publication or distribution would violate applicable laws or rules or would require additional documents to be completed or registered or require any measure to be undertaken in addition to the requirements under Finnish law. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. This release is not directed to, and is not intended for distribution to or use by, any person or entity that is a citizen or resident or located in any locality, state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation or which would require any registration or licensing within such jurisdiction.

In any member state of the European Economic Area, other than Finland and Sweden, this release is only addressed to and is only directed to “qualified investors” in that member state within the meaning of Article 2(e) of Regulation (EU) 2017/1129 (the “Prospectus Regulation”).

In the United Kingdom, this release is directed solely at persons (i) who have professional experience in matters relating to investments falling within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the “Order”) (ii) who are high net worth entities falling within Article 49(2)(A) to (D) of the Order or (iii) to whom the release may otherwise lawfully be directed (all such persons together being referred to as “Relevant Persons”). Any securities mentioned herein are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This release does not constitute a prospectus as defined in the Prospectus Regulation and, as such, it does not constitute or form part of, and should not be construed as, an offer to sell, or a solicitation or invitation of any offer to buy, acquire or subscribe for, any securities or an inducement to enter into investment activity in relation to any securities. No part of this release, nor the fact of its distribution, should form the basis of, or be relied on in connection with, any contract or commitment or investment decision whatsoever. The information contained in this release has not been independently verified, does not purport to be full or complete and may be subject to change. No representation, warranty or undertaking, expressed or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or the opinions contained herein. The Company or any of its affiliates, advisors or representatives or any other person, shall have no liability whatsoever (in negligence or otherwise) for any loss however arising from any use of this release or its contents or otherwise arising in connection with this release. Each person must rely on their own examination and analysis of the Company, its securities and the transactions, including the merits and risks involved.

Nordea Bank Abp (“Nordea”) as Sole Global Coordinator and lead manager is acting exclusively for the Company and no one else in connection with the rights issue. Nordea will not regard any other person as their respective client in relation to the rights issue. Nordea will not be responsible to anyone other than the Company for providing the duties afforded to its clients, nor for giving advice in relation to the rights issue or any transaction or arrangement referred to herein.

This release includes “forward-looking statements” that are based on present plans, estimates, projections and expectations and are not guarantees of future performance. They are based on certain expectations and assumptions, which, even though they seem to be reasonable at present, may turn out to be incorrect. Shareholders should not rely on these forward-looking statements. Numerous factors may cause the actual results of operations or financial condition of the Company to differ materially from those expressed or implied in the forward-looking statements. The Company or any of its affiliates, advisors or representatives or any other person undertakes no obligation to review or confirm or to release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise after the date of this release.





Jan Hanses
President and CEO
+358-(0)18-270 00


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