Lassila & Tikanoja plc
Stock exchange release / Prospectus
19 May 2022 1.00 pm
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE, SOUTH AFRICA OR SUCH OTHER COUNTRIES OR OTHERWISE IN SUCH CIRCUMSTANCES IN WHICH THE OFFERING OF NOTES OR THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.
Lassila & Tikanoja plc publishes the listing prospectus for its EUR 75 million sustainability-linked notes
On 12 May 2022, Lassila & Tikanoja plc (the “Company”) announced the issuance of sustainability-linked notes in the amount of EUR 75 million (the “New Notes”). The New Notes mature on 19 May 2028, bear a fixed annual interest at the rate of 3.375 per cent and have an issue price of 99.882 per cent.
The Finnish Financial Supervisory Authority has today approved the listing prospectus for the New Notes. The listing prospectus will be available from 19 May 2022 in English on the Company’s website at www.lt.fi/en/investors/economic-data/financial-position/financial-arrangements.
The Company will today file an application to Nasdaq Helsinki Ltd for the admission of the New Notes to trading on the regulated market. Nasdaq Helsinki Ltd is expected to admit the New Notes to trading on the official list as of 24 May 2022.
Danske Bank A/S acts as the Sole Lead Manager for the issue of the New Notes and as the Sole Sustainability Structuring Advisor on the establishment of the Company’s sustainability‑linked bond framework assessed by the second-party opinion provider Sustainalytics.
LASSILA & TIKANOJA PLC
Valtteri Palin
CFO
Additional information
Valtteri Palin, tel. +358 40 734 7749
Lassila & Tikanoja is a service company that is putting the circular economy into practice. Together with our customers, we keep materials and properties in productive use for as long as possible and we enhance the use of raw materials and energy. This is to create more value with the circular economy for our customers, personnel and society in a broader sense. Achieving this also means growth in value for our shareholders. Our objective is to continuously grow our actions’ carbon handprint, our positive effect on the climate. We assume our social responsibility by looking after the work ability of our personnel as well as offering jobs to those who are struggling to find employment, for example. With operations in Finland and Sweden, L&T employs 8,171 people. In 2021, the company’s net sales amounted to EUR 812.5 million. L&T is listed on Nasdaq Helsinki.
Distribution
Nasdaq Helsinki
Major media
www.lt.fi/en
Important Information
The information contained herein is not for release, publication or distribution, in whole or in part, directly or indirectly, in or into the United States, Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, South Africa or such other countries or otherwise in such circumstances in which the release, publication or distribution would be unlawful. The information contained herein does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, the New Notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.
This communication does not constitute an offer of securities for sale in the United States. The New Notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or under the applicable securities laws of any state of the United States and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.
This communication does not constitute an offer of New Notes to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the New Notes. Consequently, this communication is directed only at (i) persons who are outside the United Kingdom, (ii) persons who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), (iii) high net worth entities falling within Article 49(2) of the Order and (iv) other persons to whom it may lawfully be communicated (all such persons together being referred to as “relevant persons”). In addition, this communication is, in any event only directed at persons who are “qualified investors” pursuant to Regulation 2017/1129 of the European Parliament and of the Council, as amended, (the “Prospectus Regulation”) as the Prospectus Regulation forms part of domestic law of the United Kingdom by virtue of the European Union (Withdrawal) Act 2018. Any investment activity to which this communication relates will only be available to, and will only be engaged with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.
