Lehto Group Plc
11 April 2022 at 3.00 p.m. (EET)
Lehto Group Plc (”Lehto”) announced on 11 March 2022 that Lehto is continuing negotiations with financing banks to create a financing solution that will enable the company to implement its strategy. The company will publish the outcome of the negotiations as they have been concluded.
In relation to the ongoing financing negotiations the Board of Directors of Lehto has resolved that the company commences preparations for an equity-linked financing arrangement of approximately EUR 15 million. No decisions regarding the terms and conditions of the arrangement have been made, and the arrangement remains subject to, amongst other things, market conditions. Authorisation for the potential issuance of shares or special rights entitling to shares relating to the arrangement will be sought for in the Annual General Meeting 2022, for which the meeting notice shall be published today 11 April 2022.
Chief Financial Officer
Tel. +358 400 944 074