Norrhydro Group | Company Release | May 08, 2026 at 13:30:00 EEST
The Board of Directors of Norrhydro Group Plc (the “Company”) has today, 8 May 2026, resolved to amend the terms and conditions and maturity date of the EUR 1.5 million convertible bond issued by the Company on 28 December 2023 and originally due on 31 December 2026 (the “Convertible Bond”).
The Board of Directors has resolved, pursuant to the noteholders’ prior consent, to amend the maturity date of the Convertible Bond such that each note with a nominal value of EUR 100,000 (“Note”) carries its own individual maturity date as follows: Notes 1, 9, 10, 11, 12 and 13 mature on 31 December 2026, Notes 2, 3, 4, 5 and 14 mature on 31 December 2027, and Notes 6, 7, 8 and 15 mature on 31 December 2028. Consequently, the subscription period, during which the noteholder is entitled to convert the Note into shares in the Company, is extended so that the subscription period ends on the day preceding the maturity date of each Note as set out above. In addition, other technical and clarifying amendments and updates have been made to the terms of the Convertible Bond.
The revised terms of the Convertible Bond are attached to this release as Annex 1.
NORRHYDRO GROUP PLC
BOARD OF DIRECTORS
Further enquiries:
Yrjö Trög
CEO
Norrhydro Group Plc
Tel. +358 400 291 229
yrjo.trog@norrhydro.com
Certified Adviser:
Translink Corporate Finance Ltd
Jari Lauriala, Managing Partner
Tel. +358 40 091 8855
jari.lauriala@translinkcf.fi
Sami Miettinen, Partner
Tel. +358 400 735 835
sami.miettinen@translinkcf.fi
Distribution:
Nasdaq Helsinki Oy
Key media
https://www.norrhydro.com/en
About Us
Norrhydro Group Plc in brief
Norrhydro, founded in 1985, is a Finnish forerunner in motion control and a provider of energy-efficient hydraulic cylinders and system suppliers specialising in high-quality, customised and energy-efficient hydraulic cylinders and demanding linear motion control systems and mobile equipment. The company has 40 years of experience in developing and manufacturing customised hydraulic cylinders and liners motion control systems for the most demanding conditions and environments. In 2025, the company generated revenues of EUR 28.7 million, EBITDA of EUR 2.7 million and operating profit of EUR 1.4 million.
Attachments
Convertible Bond Terms Reviser 8 5 2026
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