St1 Nordic Oy initiates a written procedure in accordance with the terms and conditions of the notes
St1 Nordic Oy has on 4 June 2014 issued senior unsecured EUR 100 million fixed rate notes (ISIN FI4000097191) that are subject to trading on First North Bond Market Finland, a multilateral trading facility operated by Nasdaq Helsinki Ltd. In connection with the merger between St1 Group Oy and St1 Nordic Oy announced on 8 June 2017, St1 Nordic Oy initiates a written procedure of the holders of the notes in accordance with the terms and conditions of the notes. The written procedure concerns the transfer of certain liabilities of St Group Oy into St1 Nordic Oy in connection with the merger.
To be eligible to participate in the written procedure, a person must be registered on a securities account with Euroclear Finland Ltd as a direct registered owner or nominee with respect to one or several notes on the record date of 19 June 2017.
The English-language notice of written procedure and detailed instructions for participating in the written procedure are attached as schedule 1 to this company release. Nordic Trustee Oy, acting as the agent for the holders of the notes, must have received the votes in a manner described in further detail in the notice no later than on 3 July 2017. Votes received thereafter may be disregarded.
For further information, please contact
Kim Wiio, CEO, +358 10 557 11
Kati Ylä-Autio, CFO, +358 10 557 5263
St1 is a Nordic energy group whose vision is to be the leading producer and seller of CO2-aware energy. The company researches and develops economically viable, environmentally sustainable energy solutions. St1 consists of two sister groups: St1 Nordic focuses on fuels marketing activities in Finland, Sweden and Norway and on renewable energy solutions such as waste-based advanced ethanol fuels and industrial wind power. Company has 1400 St1 and Shell branded retail stations in Finland, Sweden and Norway. The sister group St1 Group focuses on oil refining. Headquartered in Helsinki, the company employs currently more than 700 people in Finland, Sweden and Norway. www.st1.eu