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Publication of Supplementary Prospectus
The following Supplementary Prospectus has been approved by the UK Listing Authority and is available for viewing:
Supplementary Prospectus dated 25 August 2017 (the Supplementary Prospectus) relating to the Elenia Finance Oyj €3,000,000,000 Multicurrency Programme for the Issuance of Bonds, unconditionally and irrevocably guaranteed by Elenia Oy, Elenia Lämpö Oy, Elenia Palvelut Oy, Elenia Holdings S.à r.l., Elenia Finance (SPPS) S.à r.l. and Lakeside Network Investments Holding B.V.
The Supplementary Prospectus should be read and construed in conjunction with the prospectus dated 30 June 2017 (the Prospectus). The purpose of the Supplementary Prospectus is as follows:
1. Firstly, to update the following sections set out in the Prospectus, following the approval by the Parliament of Finland of certain amendments to the EM Act 2013 and the new Natural Gas Market Act on 26 June 2017 (each an Amendment, and together, the Amendments):
(a) "Change in Regulation or Regulator Approach of the Energy Authority (the EA)";
(b) "Principles of Electricity Distribution Regulation";
(c) "Amendment of the EM Act 2013 as a result of tariff increases in 2016" under the heading "Recent Regulatory Developments - Implementation of the Directive on Energy Efficiency"; and
(d) "Natural Gas" under the heading "Recent Regulatory Developments - Implementation of the Directive on Energy Efficiency".
The President of Finland signed the Amendments on 25 August 2017 and the Amendment to the EM Act 2013 will take effect as Finnish law on 1 September 2017 and the Amendment to the Natural Gas Market Act on 1 January 2018.
2. Secondly, to update the section "Selected Financial Overview" set out in the Prospectus, which incorrectly states that the Consolidated EBITDA margin of the Elenia Group for the year ended 2016 was 53.1%. The correct Consolidated EBITDA margin is 55.3%.
To view the full document, please paste the following URL into the address bar of your browser.
A copy of the above Supplementary Prospectus has been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.Hemscott.com/nsm.do
For further information, please contact
Mr Tommi Valento
Chief Financial Officer
TEL: +358 20 586 11
DISCLAIMER -INTENDED ADDRESSEES
This announcement is a communication to the market. Nothing in this announcement constitutes an offer of securities for sale in the United States or any other jurisdiction. This announcement does not constitute a supplementary prospectus or a supplementary prospectus equivalent document.
This announcement has been delivered to you on the basis that you are a person into whose possession this announcement may be lawfully delivered in accordance with the laws of the jurisdiction in which you are located and you may not, nor are you authorised to, deliver this announcement to any other person. The distribution of this announcement in jurisdictions other than the United Kingdom may be restricted by law and therefore persons into whose possession this announcement comes should inform themselves about, and observe, such restrictions. Any failure to comply with the restrictions may constitute a violation of the securities laws of any such jurisdiction.
Likewise, the information contained in the Supplementary Prospectus and the Prospectus may be addressed to and/or targeted at persons who are residents of particular countries (specified in the Supplementary Prospectus and the Prospectus) only and is not intended for use and should not be relied upon by any person outside these countries and/or to whom the offer contained in the Supplementary Prospectus and the Prospectus is not addressed. Prior to relying on the information contained in the Supplementary Prospectus and the Prospectus you must ascertain from the Supplementary Prospectus and the Prospectus whether or not you are part of the intended addressees of the information contained therein.
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