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Regulatoriskt pressmeddelande

Boreo redeems its outstanding notes issued on 9 February 2022

Boreo

BOREO PLC  Stock exchange release  13 December 2024 at 09:00 EET

Boreo redeems its outstanding notes issued on 9 February 2022

Boreo Plc (”Boreo”) announces that it will exercise its right to redeem the outstanding EUR 4.04 million notes of its EUR 20 million hybrid bond issued on February 9, 2022 (ISIN: FI4000517594) (“Capital Securities”).

The outstanding notes of EUR 4.04 million will be redeemed in full on February 9, 2025 (the “Redemption date”) in accordance with clause 7.5 (Redemption at the Option of the Issuer) of the terms and conditions of the Capital Securities. On the Redemption Date, Boreo will pay the holders of the Capital Securities a redemption price equal to principal amount of the note together with any accrued interest to but excluding the Redemption Date.

This notice of redemption is irrevocable and is given to the calculation agent and holders of the Capital Securities in accordance with the terms and conditions of the Capital Securities.

Vantaa, 13 December 2024

Boreo Plc

Kari Nerg

CEO

Distribution:
NASDAQ Helsinki Ltd
Principal media

www.boreo.com

For more information:

CEO Kari Nerg

+358 44 341 8514

CFO Jesse Petäjä

+358 40 706 9450

Boreo in brief

Boreo is a company listed on Nasdaq Helsinki that creates value by owning, acquiring and developing small and medium-sized companies in the long-term. Boreo's business operations are organized into two business areas: Electronics and Technical Trade.

Boreo's primary objective is sustainable long-term profit generation. This is achieved with a business model that is based on the acquisition and ownership of great entrepreneurial companies with ability to generate sustainable long-term earnings growth and strong cash flows. The profits generated by the portfolio of companies are re-invested back to operations or to acquisitions with attractive expected returns on capital. The decentralized operating structure promoting culture of ownership and release of entrepreneurial energy is a core pillar of the firm’s business concept and sustainable earnings growth is ensured through the support and coaching of companies and the personnel.

The Group's net sales in 2023 were EUR 161 million and it employs over 300 people in seven countries. The company’s headquarter is in Vantaa.

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