Eltel

The Issuer hereby announces that the joint bookrunners mandated for the Transaction today will initiate the book-building process for the New Bonds which also is expected to close the same day (being 16 June 2025) (the "Final Subscription Date"). In accordance with the Tender Information Document, the Tender Offer will expire in connection with the close of the book building process for the New Bonds and hence on the Final Subscription Date. The settlement of the Tender Offer is expected to occur five (5) business days following the Final Subscription Date and to the extent possible in connection with the settlement of the New Bonds. The Tender Offer remains subject to the successful issuance of New Bonds and the terms and conditions described in the Tender Information Document.

For further information please contact: 

Tarja Leikas, CFO

Phone: +358 40 730 7762, tarja.leikas@eltelnetworks.com

Alexandra Kärnlund, Director, Communications

Phone: +46 70 910 0903, alexandra.karnlund@eltelnetworks.com

About Eltel

Eltel is the leading service provider for critical infrastructure in the Nordics. Our 4,500 colleagues across the Nordics, Germany and Lithuania enable the digitalization and electrification of society by providing services and turnkey solutions for high performing communication and power networks and renewable energy. The head office is located in Sweden and Eltel's shares are listed on Nasdaq Stockholm. In 2024 the total net sales amounted to EUR 828.7 million. Read more at www.eltelnetworks.com.