Regulatory Story
Go to market news section View chart   Print
RNS
Elenia Finance Oyj   -  91VA   

Shareholder update

Released 07:18 01-Jul-2019

RNS Number : 9771D
Elenia Finance Oyj
01 July 2019
 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014

Elenia Finance Oyj

Shareholder update

Elenia Finance Oyj (the Issuer) announces that it has been informed by its parent company, Elenia Oy (the Shareholder), that on 30 June 2019 the Shareholder signed a sale and purchase agreement (the Agreement) with SL Capital Infrastructure II SCSP ("SL"), DIF Infrastructure V Coöperatief U.A. ("DIF") and LPPI Infrastructure Investments LP ("LPPI") for the sale (Sale) to SL, DIF and LPPI of 100 per cent. of the issued share capital of Elenia Lämpö Oy (Elenia Heat).

Completion of the Sale of Elenia Heat is expected to occur in July 2019.

The Shareholder has further indicated that not less than EUR 225 million of the proceeds from the Sale are currently intended to be used for repayment of interest-bearing debt at Elenia Finance Oyj.

DISCLAIMER - INTENDED ADDRESSEES

This announcement is a communication to the market. Nothing in this announcement constitutes an offer of securities for sale in the United States or any other jurisdiction. This announcement does not constitute a supplementary prospectus or a supplementary prospectus equivalent document.

This announcement has been delivered to you on the basis that you are a person into whose possession this announcement may be lawfully delivered in accordance with the laws of the jurisdiction in which you are located and you may not, nor are you authorised to, deliver this announcement to any other person. The distribution of this announcement may be restricted by law and therefore persons into whose possession this announcement comes should inform themselves about, and observe, such restrictions. Any failure to comply with the restrictions may constitute a violation of the securities laws of any jurisdiction.

Your right to access this service is conditional upon complying with the above requirement.


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
DISGLGDRUBGBGCB
Close


London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.

 


Shareholder update - RNS