VALOE CORPORATION HAS AGREED ON THE FINANCING FACILITIES

Valoe Corporation                     Stock Exchange Release 30 September 2015 at 19.40 Finnish time

VALOE CORPORATION HAS AGREED ON THE FINANCING FACILITIES

Valoe Corporation has agreed with Danske Bank Plc on extending the overdraft facility of EUR 0.95 million available to the company until 31 March 2016. Further, Valoe has agreed with Danske Bank on repayment of the export credit limit of EUR 0.65 million in instalments by 31 March 2016.

Valoe has agreed with Savcor Group Oy on extending the loan period of the convertible bond of ca. EUR 0.364 million until 31 March 2016.

Valoe has agreed with Savcor Invest B.V. on extending the loan period of the loan of ca. one million Euro until 31 March 2016.

The Convertible Bond of ca. EUR 0.746 million owned by SCI Invest Oy has been converted to loan shares in Valoe’s Convertible Bond I/2015.

In Mikkeli 30 September 2015

Valoe Oyj

Board of Directors

For more information please contact:
Iikka Savisalo, President and CEO, Valoe Corporation
tel. +358 40 521 6082
Email iikka.savisalo@valoe.com

Distribution:
NASDAQ OMX, Helsinki
Main media
www.valoe.com

Valoe Corporation specializes in the clean energy, especially in photovoltaic solutions. Valoe provides automated production technology for solar modules based on the company’s own technology; production lines for modules; solar modules and special components for solar modules. Valoe's head office is located in Mikkeli, Finland.