Pöyry PLC

Final result of ÅF AB (publ)'s tender offer for all shares in Pöyry PLC and the commencement of the subsequent offer period

Pöyry PLC Stock Exchange Release February 19, 2019 at 13:50 (EET)

This stock exchange release may not be released, published or otherwise distributed, in whole or in part, in or into, directly or indirectly, Australia, Canada, Hong Kong, Japan, New Zealand or South Africa or in any other jurisdiction in which the tender offer would be prohibited by applicable law.

Final result of ÅF AB (publ)'s tender offer for all shares in Pöyry PLC and the commencement of the subsequent offer period

ÅF AB (publ) ("ÅF") commenced a voluntary recommended public cash tender offer to purchase all issued and outstanding shares in Pöyry PLC ("Pöyry") (the "Tender Offer") on December 20, 2018. The extended offer period of the Tender Offer expired on February 15, 2019. ÅF declared the Tender Offer unconditional on February 7, 2019 and will complete the Tender Offer in accordance with its terms and conditions.

ÅF has today published the following information in a stock exchange release:

According to the final result of the Tender Offer, the shares tendered in the Tender Offer, together with the total of 6,384,438 Pöyry shares acquired by ÅF through market purchases, represent approximately 99.0 percent of all the issued and outstanding shares and voting rights in Pöyry.

The offer price will be paid on or about February 21, 2019 to Pöyry's shareholders who have validly accepted the Tender Offer in accordance with the terms and conditions of the Tender Offer.

In order to provide remaining shareholders with the opportunity to still accept the Tender Offer, ÅF has today decided to extend the offer period of the Tender Offer by a subsequent offer period in accordance with the terms and conditions of the Tender Offer (the "Subsequent Offer Period"). The Subsequent Offer Period will commence on February 22, 2019 and will expire on March 8, 2019.

During the Subsequent Offer Period, the Tender Offer can be accepted in accordance with the acceptance procedure described in the terms and conditions of the Tender Offer. The acceptance of the Tender Offer will be binding and cannot be withdrawn. Further information and instructions can be obtained from your account operator or Skandinaviska Enskilda Banken AB (publ).

ÅF will announce the initial percentage of the shares validly tendered during the Subsequent Offer Period on or about March 11, 2019 and the final percentage on or about March 12, 2019. The offer price for the shares validly tendered during the Subsequent Offer Period will be paid to the shareholders on or about March 14, 2019 in accordance with the payment procedures described in the terms and conditions of the Tender Offer.