Option Plan Arrangement Agreement


Nordecon AS announces that on 16 July 2014 the transactions deriving from the service performance and option agreement signed between Nordecon AS, arranger of the option plan Raidla Lejins & Norcous Advokaadibüroo OÜ and its subsidiary established for the implementation of the option plan, Veratrum OÜ were performed, whereby Nordecon AS acquired the shares issued under the option plan and maintains these shares as own shares for the implementation of the option plan.

 

Nordecon is a group of construction companies whose core business is construction project management and general contracting in the buildings and infrastructures segment. Geographically the Group operates in Estonia, Ukraine and Finland. The parent of the Group is Nordecon AS, a company registered and located in Tallinn, Estonia. In addition to the parent company, there are more than 10 subsidiaries in the Group. The consolidated revenue of the Group in 2013 was 174 million euros and net profit 4.6 million euros. Currently Nordecon Group employs more than 700 people. Since 18 May 2006 the company's shares have been quoted in the main list of the NASDAQ OMX Tallinn Stock Exchange.

         Andri Hõbemägi
         Nordecon AS
         Head of Investor Relations
         Tel: +372 6272 022
         Email: andri.hobemagi@nordecon.com
         www.nordecon.com