SOLTEQ PLC: COMPLETION OF THE PURCHASE OF DESCOM GROUP OY'S STOCK CAPITAL AND CAPITAL LOANS, DIRECTED SHARE ISSUE


Solteq Plc Stock Exchange Release 2.7.2015 at 1.15 pm

Solteq Plc (Solteq) has previously published two stock exchange releases (on 17
June 2015 and 22 June 2015) relating to the company acquisition. The
prerequisites for the acquisition have been fulfilled and the acquisition has
been completed. Integration of companies will begin immediately and it will be
targeted to be completed during 2015.

Solteq has purchased the entire stock capital of Descom Group Oy (Descom Group)
at a purchase price of approx 11.2 million euro and the capital loans at a
purchase price of approx. 11.9 million euro. The transaction was completed
today. The Descom Data Center Solutions business was not included in the
transaction. Upon completion of purchase of share capital, 6.6 million euro of
purchase price was paid in cash and the remainder approx. 4.6 million euro with
2.8 million Solteq’s new shares based on a directed share issue to be paid by
contribution in kind. The final amount of the cash contribution will be
determined based on Descom Group's consolidated balance on 30 June 2015.

The cash contribution of the purchase price of Descom Group and the purchase of
the capital loans were financed from an unsecured 27 million euro bond that was
issued on 1 July 2015. Stock exchange releases were published regarding and in
relation to the bond issue on 17 June 2015, 22 June 2015 and 24 June 2015. The
bond will be applied to be admitted on NASDAQ OMX Helsinki within 9 months from
the issue.

The share issue has been carried out as published on 17 June 2015, and a total
of 2,799,998 new shares were issued at a subscription price of EUR 1,65 per
share which was determined based on volume-weighted average price of the shares
during the period of 4 May 5 2015 – 3 June 2015. Half of the shares issued will
be subject to lock-up until 1 January 2016. Further, in compliance with the
terms of the share purchase agreement, Solteq decided to accept as pledge
700,006 of these shares, as security for the sellers' obligations under the
share purchase agreement for the duration of 12 months from the closing date.
The decision to accept the new shares as pledge is based on the authorization
granted by the Annual General Meeting on 16 March 2015 relating to purchase of
own shares and to taking own shares as pledge. The shares will be incorporated
in the electronic book-entry system managed by Euroclear Finland Ltd after they
have been registered in the trade register, and they will be applied to be
admitted on NASDAQ OMX Helsinki in the same class with the company's other
shares by 30 September 2015 after the listing prospectus has been published.

Thanks to the completed acquisition, the company will become a provider for
integrated digital commerce services with approximately 550 experts and will
have according to provisional pro forma financial information published 22 June
approx. EUR 68 million in annual revenues. The acquisition implements the
Solteq’s and Descom's strategies and the combined entity will create the basis
of creating new services provider to Finland but also to other Nordic countries
and to the Northern European area. The solution and service offerings of the two
companies complement each other in an excellent manner, and no overlapping has
been detected in their offerings. Consequently, the new entity will be able to
offer an excellent overall offering to their current and new clients.

Solteq intends to create a strategy for the new entity during autumn 2015 and
will notify the progress and completion thereof. The key priorities for the
strategy will be profitability, growth and the creation of the best provider of
digital commerce services in the North European market from the perspective of
its clients, owners and personnel.

Due to the acquisition, Solteq will not make changes to the profit guidance it
has give earlier and will specify, if needed, the guidance in more detail during
autumn 2015.

ICECAPITAL Securities Ltd. acted as the financial advisor for the transaction
and Peltonen LMR Attorneys Ltd. as the legal advisor. The lead arranger of the
bond issue was Danske Bank A/S.

Solteq PLC

Additional information:

CEO Repe Harmanen

Telephone 0400 467 717

Email: repe.harmanen@solteq.com

CFO Antti Kärkkäinen

Telephone 040 8444 393

Email: antti.karkkainen@solteq.com

Distribution:

NASDAQ OMX Helsinki

Key Media

www.solteq.com