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Solteq Oyj — Capital/Financing Update 2025
Jan 21, 2025
3341_rns_2025-01-21_50e1f7b0-4260-4a2f-b968-5331a52ce9dc.pdf
Capital/Financing Update
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SOLTEQ
Repurchase and Cancellation of Bond Notes
Stock Exchange Bulletin
Other information disclosed according to the rules of the Exchange
January 21, 2025, at 5:00 p.m. EET
Solteq Plc ("Solteq") announces that it has repurchased its outstanding notes for the acquired amount of EUR 2,260,000 maturing in 2026. This strategic action is part of the Company's ongoing efforts to optimize its financial structure and enhance financial flexibility.
The Board of Directors has resolved to cancel the acquired notes. This decision is expected to strengthen the Company's financial position and provide greater flexibility for future operations. The buybacks reduce Solteq's interest expenses, strengthening the credit profile and reducing financial risks. If market conditions permit, the company may continue repurchases.
The outstanding amount of the bond (ISIN FI4000442264) will be EUR 20,740,000 after the cancellation of the acquired notes.
SOLTEQ PLC
BOARD OF DIRECTORS
Distribution:
Nasdaq Helsinki
Key media
www.solteq.com
Further information:
CEO Aarne Aktan
Tel: +358 40 342 4440
Email: [email protected]
Solteq in brief
Solteq is a Nordic software solution and expert service provider specializing in retail and energy sectors and needs related to e-commerce. The company employs over 400 professionals and has offices in Finland, Sweden, Norway, Denmark, Poland, and the UK.