06:38:49 Europe / Stockholm

Kurs & Likviditet

Kursutveckling och likviditet under dagen för detta pressmeddelande

Kalender

2024-10-31 Kvartalsrapport 2024-Q3
2024-08-07 Kvartalsrapport 2024-Q2
2024-04-30 Kvartalsrapport 2024-Q1
2024-04-18 Ordinarie utdelning BOREO 0.00 EUR
2024-04-17 Årsstämma 2024
2024-02-29 Bokslutskommuniké 2023
2023-11-08 Halvårsutdelning BOREO 0.22
2023-11-02 Kvartalsrapport 2023-Q3
2023-08-10 Kvartalsrapport 2023-Q2
2023-05-05 Kvartalsrapport 2023-Q1
2023-04-20 Halvårsutdelning BOREO 0.22
2023-04-19 Årsstämma 2023
2023-03-03 Bokslutskommuniké 2022
2022-11-08 Halvårsutdelning BOREO 0.21
2022-11-03 Kvartalsrapport 2022-Q3
2022-11-03 15-10 2022-Q3
2022-08-10 Kvartalsrapport 2022-Q2
2022-05-05 15-10 2022-Q1
2022-04-20 Halvårsutdelning BOREO 0.21
2022-04-19 Årsstämma 2022
2022-03-10 Bokslutskommuniké 2021
2021-12-17 Extra Bolagsstämma 2021
2021-10-29 15-10 2021-Q3
2021-10-28 Halvårsutdelning BOREO 0.2
2021-08-05 Kvartalsrapport 2021-Q2
2021-04-16 Halvårsutdelning BOREO 0.2
2021-04-15 Årsstämma 2021
2021-02-18 Bokslutskommuniké 2020
2020-08-06 Kvartalsrapport 2020-Q2
2020-04-17 Ordinarie utdelning BOREO 0.00 EUR
2020-04-16 Årsstämma 2020
2020-02-14 Bokslutskommuniké 2019
2019-08-06 Kvartalsrapport 2019-Q2
2019-04-12 Ordinarie utdelning BOREO 0.33 EUR
2019-04-11 Årsstämma 2019
2019-02-15 Bokslutskommuniké 2018
2018-08-09 Kvartalsrapport 2018-Q2
2018-04-13 Ordinarie utdelning BOREO 0.32 EUR
2018-04-12 Årsstämma 2018
2018-02-16 Bokslutskommuniké 2017
2017-11-09 Kvartalsrapport 2017-Q3
2017-08-10 Kvartalsrapport 2017-Q2
2017-05-11 Kvartalsrapport 2017-Q1
2017-04-07 Ordinarie utdelning BOREO 0.31 EUR
2017-04-06 Årsstämma 2017
2017-02-16 Bokslutskommuniké 2016
2016-11-10 Kvartalsrapport 2016-Q3
2016-08-11 Kvartalsrapport 2016-Q2
2016-05-10 Kvartalsrapport 2016-Q1
2016-04-08 Ordinarie utdelning BOREO 0.30 EUR
2016-04-07 Årsstämma 2016
2016-02-19 Bokslutskommuniké 2015
2015-11-06 Kvartalsrapport 2015-Q3
2015-08-07 Kvartalsrapport 2015-Q2
2015-05-07 Kvartalsrapport 2015-Q1
2015-03-27 Ordinarie utdelning BOREO 0.25 EUR
2015-03-26 Årsstämma 2015
2015-02-17 Bokslutskommuniké 2014
2014-11-05 Kvartalsrapport 2014-Q3
2014-08-08 Kvartalsrapport 2014-Q2
2014-05-06 Kvartalsrapport 2014-Q1
2014-03-28 Ordinarie utdelning BOREO 0.20 EUR
2014-03-27 Årsstämma 2014
2014-02-14 Bokslutskommuniké 2013
2013-11-01 Kvartalsrapport 2013-Q3
2013-08-09 Kvartalsrapport 2013-Q2
2013-05-07 Kvartalsrapport 2013-Q1
2013-03-22 Ordinarie utdelning BOREO 0.20 EUR
2013-03-21 Årsstämma 2013
2013-02-15 Bokslutskommuniké 2012
2012-11-02 Kvartalsrapport 2012-Q3
2012-08-10 Kvartalsrapport 2012-Q2
2012-05-04 Kvartalsrapport 2012-Q1
2012-04-23 Ordinarie utdelning BOREO 0.30 EUR
2012-04-20 Årsstämma 2012
2012-02-17 Bokslutskommuniké 2011
2011-11-02 Kvartalsrapport 2011-Q3
2011-08-10 Kvartalsrapport 2011-Q2
2011-05-04 Kvartalsrapport 2011-Q1
2011-04-06 Ordinarie utdelning BOREO 0.30 EUR
2011-04-05 Årsstämma 2011
2011-02-17 Bokslutskommuniké 2010
2010-11-05 Kvartalsrapport 2010-Q3
2010-08-11 Kvartalsrapport 2010-Q2
2010-05-11 Ordinarie utdelning BOREO 0.15 EUR
2010-05-10 Årsstämma 2010
2010-05-05 Kvartalsrapport 2010-Q1
2009-03-20 Ordinarie utdelning BOREO 0.10 EUR
2008-03-28 Ordinarie utdelning BOREO 0.18 EUR
2007-11-09 Bonusutdelning BOREO 0.15
2007-05-25 Ordinarie utdelning BOREO 0.09 EUR
2006-03-27 Ordinarie utdelning BOREO 0.06 EUR
2005-03-17 Ordinarie utdelning BOREO 0.05 EUR
2005-03-15 Ordinarie utdelning BOREO 0.05 EUR
2004-03-26 Ordinarie utdelning BOREO 0.34 EUR
2003-03-27 Ordinarie utdelning BOREO 0.25 EUR
2002-02-28 Ordinarie utdelning BOREO 0.30 EUR
2001-03-23 Ordinarie utdelning BOREO 0.30 EUR
2000-11-27 Split BOREO 1:2
2000-03-22 Ordinarie utdelning BOREO 0.49 EUR
1999-03-19 Ordinarie utdelning BOREO 0.34 EUR

Beskrivning

LandFinland
ListaSmall Cap Helsinki
SektorHandel & varor
IndustriDetaljhandel
Boreo är verksamt inom detaljhandelnsbranschen. Bolagets produkter består av elektronikprodukter och innefattar alltifrån batterier, komponenter, antenner och kablar till verktyg för krävande miljöer inom elektronik – och kommunikation. Försäljning sker via bolagets E-handelsplattform men även via fysiska butiker. Störst verksamhet återfinns inom den finska - och baltiska marknaden. Bolaget gick tidigare under namnet Yleiselektroniikka och har sitt huvudkontor i Esbo.
2024-03-15 17:00:00

BOREO PLC  Stock exchange release  15 March 2024 at 18:00 EET

Boreo announces final results of tender offer for its outstanding hybrid notes issued on 9 February 2022

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

Boreo Plc (“Boreo”) announces today final results of its invitation to holders of its outstanding EUR 20,000,000 hybrid notes (FI4000517594) (the “Notes”) to tender their Notes for purchase by Boreo for cash (the “Tender Offer”).

The Tender Offer was announced on 11 March 2024 and was made on terms and subject to the conditions contained in the tender offer memorandum dated 11 March 2024 (the “Tender Offer Memorandum”).

At the expiration deadline of the Tender Offer, at 4:00 p.m. (Finnish time) EET on 15 March 2024, the aggregate nominal amount of the Notes validly tendered by the noteholders for purchase was EUR 18,760,000. The aggregate nominal amount of the Priority Tenders (as defined in the Tender Offer Memorandum) was EUR 14,200,000. Boreo accepts all Priority Tenders received in full. In addition, Boreo accepts all tenders in full with a nominal amount of EUR 100,000 or less, in accordance with the Tender Offer Memorandum, for an aggregate nominal amount of EUR 1,760,000.

The final acceptance amount is EUR 15,960,000 in aggregate nominal amount of the Notes.

Boreo confirms that the condition relating to the pricing and issue of new capital securities (the “New Issue Condition”) in accordance with the Tender Offer has been fulfilled, subject to the issuance agreement remaining in full force and effect on the settlement date as described in the Tender Offer Memorandum. The settlement date for the new capital securities is 21 March 2024.

The purchase price of the Notes is EUR 20,200 per note with nominal amount of EUR 20,000. Accrued and unpaid interest will be paid in respect of all Notes validly tendered and delivered and accepted for purchase. The settlement date of the Tender Offer is 21 March 2024.

OP Corporate Bank plc acts as dealer manager and as tender agent for the Tender Offer. Information in respect of the Tender Offer may be obtained from OP Corporate Bank plc, email: liabilitymanagement@op.fi / tel. +358 50 599 1281.

Additional information:

Kari Nerg

CEO

tel +358 44 341 8514

Aku Rumpunen

CFO

tel +358 40 556 3546

Distribution:

NASDAQ Helsinki Ltd

Principal media

www.boreo.com

Boreo in brief:

Boreo is a company listed on Nasdaq Helsinki that creates value by owning, acquiring and developing small and medium-sized companies in the long-term. Boreo's business operations are organized into two business areas: Electronics and Technical Trade.

Boreo's primary objective is sustainable long-term profit generation. This is achieved with a business model that is based on the acquisition and ownership of great entrepreneurial companies with ability to generate sustainable long-term earnings growth and strong cash flows. The profits generated by the portfolio of companies are re-invested back to operations or to acquisitions with attractive expected returns on capital. The decentralized operating structure promoting culture of ownership and release of entrepreneurial energy is a core pillar of the firm’s business concept and sustainable earnings growth is ensured through the support and coaching of companies and the personnel.

The Group's net sales in 2023 were EUR 161 million and it employs over 300 people in seven countries. The company’s headquarter is in Vantaa.

Important Information

The distribution of this release and the invitation to tender the outstanding Notes is prohibited by law in certain countries. Persons into whose possession this release and/or the Tender Offer Memorandum may come are required to inform themselves about and comply with such restrictions. Neither this release nor the Tender Offer Memorandum may be distributed or published in any country or jurisdiction if to do so would constitute a violation of the relevant laws of such jurisdiction or would require actions under the laws of a state or jurisdiction, including the United States, Australia, Canada, Hong Kong, Singapore, New Zealand, South Africa and Japan. The information contained herein or in the Tender Offer Memorandum shall not constitute an offer to sell or tender, or a solicitation of an offer to buy or sell the Notes to any persons in any jurisdiction in which such offer, solicitation or sale or tender would be unlawful. In those jurisdictions where the securities, investor protection or other laws require the Tender Offer to be made by a licensed broker or dealer and the dealer manager or any of the dealer manager’s affiliates is such a licensed broker or dealer in any such jurisdiction, the Tender Offer shall be deemed to be made by the dealer manager or its affiliate, as the case may be, on behalf of Boreo in such jurisdiction.

United States: The Tender Offer is not being made, and will not be made, directly or indirectly in or into, and cannot be accepted, directly or indirectly, from, or by use of the mails of, or by any means or instrumentality of interstate or foreign commerce of or of any facilities of a national securities exchange of, the United States or to any U.S. Person (as defined in Regulation S under the Securities Act). This includes, but is not limited to, facsimile transmission, electronic mail, telex, telephone, the internet and other forms of electronic communication. The Notes may not be tendered in the Tender Offer by any such use, means, instrumentality or facility from or within the United States or by persons located or resident in the United States or by, or by any person acting for the account or benefit of, a U.S. Person. Accordingly, copies of this release, Tender Offer Memorandum and any other documents or materials relating to the Tender Offer are not being, and must not be, directly or indirectly mailed or otherwise sent, transmitted, distributed or forwarded (including, without limitation, by custodians, nominees, trustees or agents) in, into or from the United States or to any persons located or resident in the United States or to any U.S. Person and persons receiving this release or the Tender Offer Memorandum must not mail, send, transmit, distribute or forward it or any other documents or materials relating to the Tender Offer in, into or from the United States. Any person accepting the Tender Offer shall be deemed to represent to Boreo such person’s compliance with these restrictions. Any purported acceptance of Notes in the Tender Offer resulting directly or indirectly from a breach or violation of these restrictions will be invalid and any purported tender of Notes made by, or by any person acting for the account or benefit of, a U.S. Person or by a person located in the United States or any agent, fiduciary or other intermediary acting on a nondiscretionary basis for a principal giving instructions from within the United States will be invalid and will not be accepted.

United Kingdom: The communication of this release, the Tender Offer Memorandum and any other documents or materials relating to the Tender Offer is not being made and such documents and/or materials have not been approved by an authorised person for the purposes of section 21 of the Financial Services and Markets Act 2000. Neither this release nor the Tender Offer Memorandum constitute an offer of securities to the public in the United Kingdom. This release and the Tender Offer Memorandum may only be distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) 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)(a) to (d) of the Order (all such persons in (i), (ii) and (iii) above together being referred to as "relevant persons"). Any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this release, the Tender Offer Memorandum or any of their respective contents.

Nothing in this release constitutes an offer to sell or the solicitation of an offer to buy the new capital securities (the “New Capital Securities”) in the United States or any other jurisdiction. The New Capital Securities are not being, and will not be, offered or sold in the United States. The New Capital Securities may not be offered, sold or delivered in the United States absent registration under, or an exemption from the registration requirements of, the U.S. Securities Act of 1933, as amended (the "Securities Act"). The New Capital Securities have not been, and will not be, registered under the Securities Act or the securities laws of any state or other jurisdiction of the United States and may not be offered, sold or delivered, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. Persons (as defined in Regulation S under the Securities Act). The New Capital Securities are subject to the selling and distribution restrictions set out in the information memorandum prepared in connection with the New Capital Securities (the "Information Memorandum") and each investor must carefully read the disclaimer as presented in the Information Memorandum and comply with the selling and distribution restrictions set out in the Information Memorandum.