PANOSTAJA WILL REDEEM THE EUR 7.5 M€ HYBRID BOND


Panostaja Oyj                       Stock Exchange Bulletin       April 10, 2017 10.00 a.m.

Panostaja will redeem the EUR 7.5 million hybrid bond (ISIN: FI4000062864) issued on 27 May 2013. The redemption will be made on 29 May 2017 for the full outstanding amount in accordance with the terms and conditions of the hybrid bond.

This notice of redemption is given to the holders of the capital notes in accordance with the terms and conditions of the hybrid bond.

A hybrid bond is an instrument which is subordinated to the company’s other debt obligations. It is treated as equity in the IFRS financial statements. A hybrid bond does not confer to its holders the rights of a shareholder and does not dilute the holdings of the shareholders.

 

Panostaja Oyj

Juha Sarsama

CEO

 

For further information, please contact Juha Sarsama +358 40 774 2099

 

Panostaja is an investment company developing Finnish SMEs in the role of an active majority shareholder. The company aims to be the most sought-after partner for business owners selling their companies as well as for the best managers and investors. Together with its partners, Panostaja increases the Group's shareholder value and creates Finnish success stories. Panostaja operates in eight business segments, and Panostaja Group employs some 1,300 staff. Panostaja’s shares (PNA1V) are quoted on the Nasdaq Helsinki Stock Exchange. In the 2016 financial period, the Group’s official net sales totaled MEUR 172,5.

www.panostaja.fi