Lehto Group Plc: LEHTO GROUP PLC'S 10 LARGEST SHAREHOLDERS AFTER THE END OF THE INITIAL PUBLIC OFFERING

Lehto Group Plc

Stock Exchange Release 3 May 2016, at  12.30 a.m. EET

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

LEHTO GROUP PLC'S 10 LARGEST SHAREHOLDERS AFTER THE END OF THE INITIAL PUBLIC OFFERING

The ten largest registered shareholders of Lehto Group Plc and their shares of ownership before the Initial Public Offering are shown in the table below.

Shareholder Number of Shares Proportion of voting rights and Shares
Lehto Invest Oy*23,536,384 51.94%
Asko Myllymäki6,939,144 15.31%
Mikko Kinnunen2,795,7166.17%
Winduo Oy1,979,1444.37%
Tomi Koivukoski1,892,9204.18%
Ari Saartoala1,345,1862.97%
Jaakko Heikkilä888,2421.96%
Lunacon Oy**808,5701.78%
Lasse Mäkeläinen616,8421.36%
Yrjö Lahtinen512,0401.13%
Other shareholders3,996,2168.82%
In total 45,310,404 100.00%

* Lehto Invest Oy is controlled by the Company's CEO Hannu Lehto.
** Lunacon Oy is controlled by the Company's chairman of the Board Pertti Huuskonen.

The ten largest registered shareholders of Lehto Group Plc and their shares of ownership after the Initial Public Offering as of 2 May 2016 are shown in the table below.

Shareholder Number of Shares Proportion of voting rights and Shares
Lehto Invest Oy*22,561,19238.73 %
Asko Myllymäki6,651,63111.42 %
Mikko Kinnunen2,679,8804.60 %
Winduo Oy1,897,1413.26 %
Tomi Koivukoski1,814,4903.11 %
Ari Saartoala1,289,4502.21 %
OP-Delta Fund980,3921.68 %
Jaakko Heikkilä851,4391.46 %
SEB Finlandia Fund838,3121.44 %
Lunacon Oy**808,5701.39 %
10 largest in total40,372,49769.31 %
Other shareholders17,878,25530.69 %
of which nominee-registered shares6,574,84011.29 %
In total 58,250,752 100.00%

* Lehto Invest Oy is controlled by the Company's CEO Hannu Lehto.
** Lunacon Oy is controlled by the Company's chairman of the Board Pertti Huuskonen.

Lehto Group Plc

Pertti Huuskonen, the chairman of the Board of Directors

Hannu Lehto, CEO

More information:

Veli-Pekka Paloranta, CFO tel. +358 400 944 074

Pertti Huuskonen, the chairman of the Board of Directors tel. +358 400 680 816

Lehto Group in brief

Lehto Group is a Finnish construction and real estate group focusing on economically driven construction. The Company's mission is to be an innovative reformer of the construction industry. The Company has divided its operations into four service areas: Business Premises, Housing, Social Care and Educational Premises and Building Renovation. Lehto Group currently operates in Finland and is geographically concentrated in growth centres, which form a significant part of the construction volume. The Company's headquarters are located in Kempele. The company employed 423 people at the end of the financial year 2015.

DISCLAIMER

This announcement is not for publication or distribution, directly or indirectly, in Australia, Canada, Hong Kong, Japan, Singapore, South Africa or the United States, or any other jurisdiction in which release or distribution would be unlawful. The distribution of this announcement may be restricted by law in certain jurisdictions and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

The information contained herein shall not constitute an offer to sell or a solicitation of an offer to buy, 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 approved by the Finnish Financial Supervisory Authority and published by the Company.

These written materials do not constitute an offer for sale of securities in the United States, nor may the securities be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended, and the rules and regulations thereunder. The securities will not be registered under the U.S. Securities Act of 1933, as amended, and there will be no public offering of the securities in the United States.

The Company has not authorised any offer to the public of securities in any member state of the European Economic Area other than Finland. With respect to each member state of the European Economic Area other than Finland which has implemented the Prospectus Directive (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 is a qualified investor as defined in the Prospectus Directive; or (b) in any other circumstances falling within Article 3(2) of the Prospectus Directive. For the purposes of this paragraph, the expression "an offer of securities to the public" means the communication in any form and by any means of sufficient information on the terms of the offer and the securities to be offered so as to enable an investor to decide to exercise, purchase or subscribe for the securities, as the same may be varied by any measure implementing the Prospectus Directive in that Relevant Member State, and the expression "Prospectus Directive" means Directive 2003/71/EC (and amendments thereto, including the 2010 PD Amending Directive, to the extent implemented in the Relevant Member State), and includes any relevant implementing measure in the Relevant Member State and the expression "2010 PD Amending Directive" means Directive 2010/73/EU.

The information contained herein shall not constitute a public offering of shares in the United Kingdom. This document is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (iii) high net worth companies, 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 document relates will be only available to, and will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

This document includes "forward-looking statements" that involve risks, uncertainties and other factors, many of which are outside of the Company's control and could cause actual results to differ materially from the results discussed in the forward-looking statements. Forward-looking statements include statements concerning the Company's dividend policy, financial targets, plans, objectives, goals, future events, performance and/or other information that is not historical information. The Company undertakes no obligation to publicly update or revise forward-looking statements to reflect subsequent events or circumstances after the date made, except as required by law.

OP Corporate Bank plc and Pareto Securities Oy (together, the "Bookrunners") are acting exclusively for the Company in connection with the contemplated listing. The Bookrunners will not regard any other person as their respective client in relation to the listing and will not be responsible to anyone other than the Company for giving advice in relation to the listing or transactions related thereto.




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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Lehto Group Oyj via GlobeNewswire

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