Fennia has withdrawn from Hippos2020-project – Lehto committed to continue preparation of the project

Lehto Group Plc
Insider information
29 March 2019 at 5.45 p.m. (EET)

Fennia Asset Management Ltd (”Fennia”) has informed 29 March 2019 that Fennia will not continue in Hippos2020-project.

Lehto is still committed to continue the preparation of Hippos2020-project and will evaluate the changed status with the city of Jyväskylä during the next weeks. According to the current  information which is available, Lehto cannot evaluate the impact of Fennia’s withdrawal for schedule of the project neither the timing of costs and incomes.

Information:
Veli-Pekka Paloranta
Chief Financial Officer
veli-pekka.paloranta@lehto.fi
+358 400 944 074