Caverion – Repurchase instructions received from holders of Caverion Corporation’s notes due 25 February 2027

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

On 31 October 2023, Caverion Corporation (“Caverion“) gave a notice to the holders of the Caverion Corporation EUR 75 million senior unsecured 2.750 per cent notes due 25 February 2027 (ISIN: FI4000518212) (the “Noteholders” and the “Notes“) that a Change of Control Event pursuant to Condition 8 of the terms and conditions of the Notes had occurred based on Crayfish BidCo Oy’s holding of the shares and voting rights in Caverion, and that as a result of the Change of Control Event, each Noteholder had the right to request that all of its Notes be repurchased.

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