Måndag 22 Juni | 15:30:50 Europe / Stockholm
2026-06-15 14:30:00

NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SOUTH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.

Savox Communications Plc | Stock Exchange Release | June 15, 2026 at 15:30:00 EEST

Savox publishes a supplement to the Finnish prospectus

Savox Communications Plc ("Savox" or the "Company") supplements the Finnish prospectus dated 8 June 2026 (the "Finnish Prospectus") with the information disclosed in the stock exchange release published on 14 June 2026, as well as with information relating to the timetable for the Offering (as defined below) and the Listing (as defined below). The Finnish Financial Supervisory Authority (the "FIN-FSA") has today on 15 June 2026 approved the Finnish supplement to the Finnish Prospectus (the "Finnish Supplement").

Savox has an initial public offering (the "Offering") underway, consisting of (i) a public offering to private individuals and entities in Finland (the "Public Offering") and (ii) an institutional offering to institutional investors in Finland and, in accordance with applicable laws, internationally outside of the United States (the "Institutional Offering"). In addition, the Company has filed a listing application with Nasdaq Helsinki Ltd ("Nasdaq Helsinki") to list Savox's shares first on the prelist and then on the regulated market maintained by Nasdaq Helsinki (the "Listing").

Cancellation in accordance with the Prospectus Regulation

If the Finnish Prospectus is supplemented in accordance with the Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 as amended (the "Prospectus Regulation") due to a significant new factor, material mistake or material inaccuracy in the Finnish Prospectus that has become known after the FIN-FSA has approved the Finnish Prospectus, but before trading in the offer shares begins on the prelist Nasdaq Helsinki, investors who have already given their commitments before the supplement or correction of the Finnish Prospectus have, in accordance with the Prospectus Regulation, the right to cancel their commitments within three working days after the supplement has been published. The use of the cancellation right requires that the significant new factor, material mistake or material inaccuracy that led to the supplement or correction has become known before the closing of the offer period or the delivery of the offer shares to the investors, whichever occurs first. Any cancellation of a commitment must concern the total number of shares covered by the commitment given by an individual investor.

Procedure to cancel a commitment

An investor who has already given their commitment to subscribe for or purchase offer shares prior to the publication of the Finnish Supplement has the right to cancel their commitment within three (3) working days from the publication of the Finnish Supplement, i.e. at the latest by 18 June 2026 at 4:00 p.m. (Finnish time).

The cancellation of a commitment must be notified to the subscription place where the initial commitment was made, within the time limit set for such cancellation, as follows:

  • A commitment made to Nordea may be cancelled by telephone in Nordea's phone services.
  • Investors who have submitted their subscriptions via Nordnet must send a written cancellation request within the set time limit by e-mail to iaservices.fi@nordnet.fi or by delivering the cancellation to Nordnet’s office, subject to the following exceptions: a commitment submitted by Nordnet’s own customers via Nordnet’s online service can be cancelled via Nordnet’s online service by accepting a separate cancellation of a commitment by using Nordnet’s bank identifier.

A cancellation of a commitment applies to the entire commitment. After the time limit set for cancellation has expired, the cancellation right is no longer valid. If the commitment is cancelled, the subscription place refunds the sum paid for the offer shares to the bank account specified in the commitment. To Nordnet's own customers who gave their commitments via Nordnet’s place of subscription, the amount to be refunded will be paid to a Nordnet cash account. The payment is refunded as soon as possible after the cancellation, approximately within five (5) banking days of serving the subscription place with the cancellation notice. If an investor's bank account is in a different bank than the place of subscription, the refund will be paid to the investor's Finnish bank account in accordance with the payment schedule of the financial institutions, approximately no later than two (2) banking days thereafter. No interest will be paid on the refunded amount.

Timetable of the Offering and the Listing

Due to the cancellation right caused by the Finnish Supplement, the subscription periods of the Public Offering as well as the Institutional Offering have been amended as follows:

  • The subscription period for the Public Offering will end on or about 17 June 2026 at 4:00 p.m. (Finnish time).
  • The subscription period for the Institutional Offering will end on or about 18 June 2026 at 4:00 p.m. (Finnish time).

The Finnish Supplement will be available today on Savox's website at ipo.savox.com, on Nordea Bank Abp's ("Nordea") website at www.nordea.com/fi/savox and on Nordnet Bank AB's ("Nordnet") website at www.nordnet.fi/savox. An English language supplement to the Offering Circular prepared on the basis of the Finnish Supplement will be available today on Savox's website at ipo.savox.com, on Nordea's website at www.nordea.com/fi/savox and on Nordnet's website at www.nordnet.fi/savox.

Trading in Savox's shares is expected to commence on the prelist of Nasdaq Helsinki on or about 23 June 2026 and on the official list of Nasdaq Helsinki on or about 25 June 2026 under the share trading code "SAVOX".

Further enquiries

Jerry Kettunen, CEO, tel. +358 40 044 4615

Juha Järvi, CFO, tel. +358 50 367 2286

Information about Savox

Savox is a Finnish company operating in the critical communications sector that offers a wide range of communication devices and solutions for global defence, law enforcement, fire and rescue, and industrial markets. The Company has a broad product portfolio covering tactical communication controllers, advanced hearing protection, rugged ICT devices, search and rescue systems, and next-generation intercom and vision solutions. Savox's end customers include, among others, defence forces, law enforcement authorities, fire and rescue organisations, and industrial professionals. The Company's solutions support these customers' safe and effective communication, coordination, and operation, particularly in demanding field conditions. Our revenue in 2025 was EUR 56.1 million.

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 to sell, or a solicitation of an offer to purchase, any securities in the United States, nor may the securities of Savox Communications Plc (the "Company") 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 Company does not intend to register any portion of the offering in the United States or to offer securities to the public in the United States.

The issue, offer, exercise and/or sale of securities are subject to specific legal or regulatory restrictions in certain jurisdictions. The Company, Nordea Bank Abp or Skandinaviska Enskilda Banken AB (publ) Helsinki Branch 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 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 the 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 "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 persons who are outside the United Kingdom or persons who are qualified investors within the meaning of the Public Offers and Admissions to Trading Regulations 2024 and are also (i) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (ii) high net worth entities or 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 the "Relevant Persons"). Any investment activity to which this communication relates will only be available to and will only be engaged with, the 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 contemplated initial public offering are included in the prospectus that has been prepared by the Company in connection with the contemplated initial public offering. The prospectus is available on the website of the Company at ipo.savox.com.

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.

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, investors 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.

INFORMATION TO DISTRIBUTORS

Solely for the purposes of the product governance requirements contained within: (a) EU Directive 2014/65/EU on markets in financial instruments, as amended ("MiFID II"); (b) Articles 9 and 10 of Commission Delegated Directive (EU) 2017/593 supplementing MiFID II; and (c) local implementing measures (together, the "MiFID II Product Governance Requirements"), and disclaiming all and any liability, whether arising in tort, contract or otherwise, which any "manufacturer" (for the purposes of the MiFID II Product Governance Requirements) may otherwise have with respect thereto, the shares have been subject to a product approval process, which has determined that the shares are: (i) compatible with an end target market of retail investors and investors who meet the criteria of professional clients and eligible counterparties, each as defined in MiFID II; and (ii) eligible for distribution through all distribution channels as are permitted by MiFID II (the "Target Market Assessment"). Notwithstanding the Target Market Assessment, distributors should note that: the price of the shares may decline and investors could lose all or part of their investment; the shares offer no guaranteed income and no capital protection; and an investment in the shares is compatible only with investors who do not need a guaranteed income or capital protection, who (either alone or in conjunction with an appropriate financial or other adviser) are capable of evaluating the merits and risks of such an investment and who have sufficient resources to be able to bear any losses that may result therefrom. The Target Market Assessment is without prejudice to the requirements of any contractual, legal or regulatory selling restrictions in relation to any offering of the shares.

For the avoidance of doubt, the Target Market Assessment does not constitute: (a) an assessment of suitability or appropriateness for the purposes of MiFID II; or (b) a recommendation to any investor or group of investors to invest in, or purchase, or take any other action whatsoever with respect to the shares.

Each distributor is responsible for undertaking its own target market assessment in respect of the shares and determining appropriate distribution channels.