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SRV to redeem convertible capital securities issued in 2016 and 2018

SRV to redeem convertible capital securities issued in 2016 and

articleSrv Yhtiot OyjMay 6, 20264/news/srv-to-redeem-convertible-capital-securities-issued-in-2016-and-2018
SRV to redeem convertible capital securities issued in 2016 and 2018

About this update from Srv Yhtiot Oyj

SRV GROUP PLC                STOCK EXCHANGE RELEASE                  6 MAY 2026 17:00 EEST  NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, SINGAPORE, JAPAN, NEW ZEALAND, SOUTH AFRICA OR SUCH OTHER COUNTRIES OR OTHERWISE IN SUCH CIRCUMSTANCES IN WHICH THE OFFERING OF THE CAPITAL SECURITIES, OR THE RELEASE, PUBLICATION OR DISTRIBUTION OF THIS ANNOUNCEMENT WOULD BE UNLAWFUL. SRV to redeem convertible capital securities issued in 2016 and 2018  This notice is made in respect of SRV Group Plc's (the "Company") perpetual convertible capital securities ISIN FI4000198122 and FI4000315395 (together the "Capital Securities").  The outstanding aggregate amount of the convertible capital securities issued on 23 March 2016 (fixed coupon rate of 4.875 per cent) is EUR 14,455,202 (ISIN: FI4000198122).  The outstanding aggregate amount of the convertible capital securities issued on 27 March 2018 (fixed coupon rate of 4.875 per cent) is EUR 24,665,475 (ISIN: FI4000315395).  The Capital Securities do not have a specified maturity date, but the Company is entitled to redeem all of the Capital Securities on the first reset date or on any interest payment date thereinafter in accordance with Condition 7.5 (Redemption at the option of the Issuer) of the terms and conditions of each the Capital Securities. The Company hereby gives notice to the holders of Capital Securities (the "Holders") and to the calculation agent that it will redeem all the outstanding Capital Securities on 30 June 2026 (the "Redemption Date") in accordance with the terms and conditions of the Capital Securities.  On the Redemption Date, the Company will pay to the Holders a redemption price per Capital Security equal to 100 per cent of their principal amount together with any a...

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