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, SOUTH AFRICA OR SUCH OTHER COUNTRIES OR OTHERWISE IN SUCH CIRCUMSTANCES IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

HKFoods to redeem its outstanding capital securities issued on 17 September 2018

This notice is made in respect of HKFoods Plc's (the "Company") 16.000 per cent fixed-rate capital securities (initial coupon rate 8.000 per cent), with the outstanding aggregate principal amount of approximately EUR 25,900,000 (ISIN: FI4000348818) (the "Capital Securities").

The Capital Securities do not have a specified maturity date, but the Company has been entitled to redeem all of the Capital Securities for the first time on the fifth (5.) anniversary of the issue date or on any interest payment date thereinafter in accordance with Condition 7.5 (Redemption at the option of the Issuer) of the terms and conditions of the Capital Securities. The Company hereby gives a notice to the holders of Capital Securities (the "Holders") and to the calculation agent that it will redeem all the outstanding Capital Securities on 17 September 2025 (the "Redemption Date") in accordance with the terms and conditions of the Capital Securities.

On the Redemption Date, the Company will pay to the Holders a redemption price per Capital Security equal to 100 per cent of their principal amount together with any accrued but unpaid interest. Interest on the Capital Securities to be redeemed accrues until (but excluding) the Redemption Date.

This notice of redemption is irrevocable. All the outstanding Capital Securities redeemed by the Company will be cancelled.

HKFoods Plc

Juha Ruohola

CEO

Further information:

Juha Ruohola, CEO, tel. +358 400 647 160
Mika Tilli, CFO, tel. +358 50 538 5793
HKFoods Media Service Desk, tel. +358 10 570 5700 or communications@hkfoods.com

 

With 110 years of experience, we at HKFoods make life tastier – today and tomorrow. With 3,000 professionals, we make responsible and locally produced food to meet consumers' varied food moments. Our well-known brands in Finland are HK®, Kariniemen® and Via®. We are developing a more climate-friendly way of producing food. HKFoods is a publicly listed company, and in 2024, our net sales totalled EUR 1 billion. www.hkfoods.com

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www.hkfoods.com
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Nasdaq Helsinki Oy