Kreate Group Oyj — Share Issue/Capital Change 2021

Feb 24, 2021

Exercise of over-allotment option in relation to the initial public offering of Kreate Group Plc and termination of the stabilisation period

Exercise of over-allotment option in relation to the initial public offering of Kreate Group Plc and termination of the stabilisation period

24.2.2021 09:00:01 EET | Kreate Group Oyj | Other information disclosed
according to the rules of the Exchange

Kreate Group Plc Stock exchange release 24 February 2021 at 9:00 a.m. EET

NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN,
NEW ZEALAND, SOUTH AFRICA OR SINGAPORE, OR ANY OTHER JURISDICTION IN WHICH
PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

EXERCISE OF OVER-ALLOTMENT OPTION IN RELATION TO THE INITIAL PUBLIC OFFERING OF
KREATE GROUP PLC AND TERMINATION OF THE STABILISATION PERIOD

With reference to the offering circular of Kreate Group Plc ("Kreate") dated 5
February 2021 and the stock exchange release published on 18 February 2021
regarding the result of Kreate's initial public offering, Kreate has received
notice that Danske Bank A/S, Finland Branch ("Danske Bank"), as stabilising
manager in the initial public offering, has decided to exercise in full the
over-allotment option granted by Intera Fund II Ky ("Intera"). Danske Bank has
decided to terminate the stabilisation period as a result of the development of
the market price of the Kreate share. Danske Bank has not carried out
stabilisation measures since the listing.

Danske Bank will pursuant to the over-allotment option granted in connection
with the initial public offering purchase from Intera 632,437 shares in Kreate
at the subscription price in the initial public offering.

In connection with the initial public offering, Intera has sold in total
2,613,261 shares in Kreate (including the shares sold pursuant to the exercise
of the over-allotment option). Following the exercise of the over-allotment
option, Intera holds 1,119,973 shares in Kreate, representing 12.5 percent of
all shares in Kreate and 12.6 percent of the votes conferred by the shares.

FURTHER ENQUIRIES

Antti Heinola, CFO, Kreate Group Plc, tel. +358 40 352 1033

INFORMATION ABOUT KREATE

Kreate Group is one of the leading infrastructure construction companies in
Finland. The company offers solutions for bridges, roads and railways,
environmental and ground engineering, circular economy and geotechnical needs.
As a specialist in demanding projects, Kreate focuses on comprehensive quality
and cost-effectiveness. The group's revenue was approximately EUR 220 million in
2019 and the company has over 400 employees.

IMPORTANT INFORMATION

Neither this release nor the information contained herein is for publication,
distribution or release, in whole or in part, directly or indirectly, in or into
the United States, Australia, Canada, Hong Kong, Japan, New Zealand, South
Africa or Singapore or any other jurisdiction in which publication or
distribution would be unlawful. The information contained herein does not
constitute an offer of securities for sale in the United States, nor may the
securities be offered or sold in the United States. Kreate Group Oy (the "
Company") does not intend to register any portion of the offering in the United
States under the U.S. Securities Act of 1933, as amended (the "Securities Act")
or to offer securities to the public in the United States.

The issue, exercise and/or sale of securities are subject to specific legal or
regulatory restrictions in certain jurisdictions. The Company or the Managers
assume no responsibility in the event there is a violation by any person of such
restrictions.

The information contained herein shall not constitute an offer to sell or a
solicitation of an offer to purchase or subscribe, nor shall there be any sale
of the securities referred to herein in any jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration, exemption from
registration or qualification under the securities laws of any such
jurisdiction. Investors must neither accept any offer for, nor acquire, any
securities to which this document refers, unless they do so on the basis of the
information contained in the applicable prospectus published or offering
circular distributed by the Company

The Company has not authorised any offer to the public of securities in the
United Kingdom or in any Member State of the European Economic Area other than
Finland. With respect to the United Kingdom and each Member State of the
European Economic Area other than Finland and which applies the Prospectus
Regulation (each, a "Relevant Member State"), no action has been undertaken or
will be undertaken to make an offer to the public of securities requiring
publication of a prospectus in any Relevant Member State. As a result, the
securities may only be offered in Relevant Member States (a) to any legal
entity, which fulfils the requirements of a qualified investor as defined in the
Prospectus Regulation; or (b) in any other circumstances falling within Article
1(4) of the Prospectus Regulation. For the purposes of this paragraph, the
expression an "offer of securities to the public" means a communication to
persons in any form and by any means, presenting sufficient information on the
terms of the offer and the securities to be offered, so as to enable an investor
to decide to purchase or subscribe for those securities. The expression "
Prospectus Regulation" means Regulation (EU) 2017/1129 of the European
Parliament and of the Council, as amended.

This communication is directed only at (i) persons who are outside the United
Kingdom or (ii) persons who have professional experience in matters relating to
investments falling within Article 19(5) of the Financial Services and Markets
Act 2000 (Financial Promotion) Order 2005 (the "Order") and (iii) high net worth
entities, and other persons to whom it may lawfully be communicated, falling
within Article 49(2) of the Order (all such persons together being referred to
as "Relevant Persons"). Any investment activity to which this communication
relates will only be available to and will only be engaged with, Relevant
Persons. Any person who is not a Relevant Person should not act or rely on this
document or any of its contents.

Full terms, conditions and instructions for the initial public offering are
included in the prospectus that has been prepared by the Company in connection
with the initial public offering and published on the website of the Company at
www.kreate.fi/en/IPO [http://www.kreate.fi/en/IPO].

Investors are advised to read the prospectus before making an investment
decision to fully understand the risks and rewards associated with the
investment. The approval by the Finnish Financial Supervisory Authority of the
prospectus shall not be considered as an endorsement of the securities offered.

The Managers are acting exclusively for the Company and no one else in
connection with the initial public offering. The Managers will not regard any
other person as their respective client in relation to the initial public
offering. The Managers will not be responsible to anyone other than the Company
for providing the protections afforded to their respective clients nor for
giving advice in relation to the initial public offering or any transaction or
arrangement referred to herein.

FORWARD-LOOKING STATEMENTS

Certain statements in this release are "forward-looking statements."
Forward-looking statements include statements concerning plans, assumptions,
projections, objectives, targets, goals, strategies, future events, future
revenues or performance, capital expenditures, financing needs, plans or
intentions relating to acquisitions, the Company's competitive strengths and
weaknesses, plans or goals relating to financial position, future operations and
development, its business strategy and the anticipated trends in the industry
and the political and legal environment in which it operates and other
information that is not historical information. In some instances, they can be
identified by the use of forward-looking terminology, including the terms
"believes," "intends," "may," "will" or "should" or, in each case, their
negative or variations on comparable terminology.

Forward-looking statements in this release are based on assumptions.
Forward-looking statements involve inherent risks, uncertainties and
assumptions, both general and specific, and the risk exists that the
predictions, forecasts, projections, plans and other forward-looking statements
will not be achieved. Given these risks, uncertainties and assumptions, you are
cautioned not to place undue reliance on such forward-looking statements. Any
forward-looking statements contained herein speak only as at the date of this
release. Save as required by law, the Company does not intend to, and does not
assume any obligation to, update or correct any forward-looking statement
contained in this release.

ATTACHMENTS

* Download announcement as PDF.pdf
[https://www.sttinfo.fi/ir-files/69818424/591/447/Download%20announcement%20a
s%20PDF.pdf]

Attachments: