We raise our target price for Solteq to EUR 3.4 (previously 3.0) reflecting updated estimates and we also raise our recommendation to Accumulate (previous Reduce). The 2010s were challenging for IT service and industry solution supplier Solteq. Solteq changed its strategy in 2016 and started building a new base for a growth strategy based on its own products and internationalization. Last year, we saw the first signs of a result turnaround and success in the transformation of the product business.

Solteq Plc, Stock Exchange Release, October 29, 2020 at 11:00 a.m.
 

February 25, 2021: Financial Statements Bulletin for 2020 (8.00 AM EET)
By March 25, 2021: Annual Report 2020 available on Solteq's website

The Annual General Meeting is planned to be held in Vantaa on March 30, 2021. The Board of Directors will convene the meeting separately at a later date.

Solteq Plc will publish three Interim Reports:

Solteq Plc, Stock exchange release, 1 October 2020 at 3:00 pm EEST
Solteq Plc ("Solteq" or the "Company") announced on 15 September 2020 its decision to issue new notes. New euro-denominated senior unsecured fixed rates notes in a nominal amount of EUR 23,000,000 (the "New Notes"), which will mature on 1 October 2024, bear a fixed interest rate of 6.00 per cent per annum and are callable before their final maturity.

Solteq Plc, Inside information, 24 September 2020 at 5:15 pm EEST
Solteq Plc ("Solteq" or the "Company") issues new euro-denominated senior unsecured fixed rates notes in a nominal amount of EUR 23 million (the "New Notes"). The New Notes, which will mature on 1 October 2024, are targeted mainly to institutional investors and are callable before their final maturity. The New Notes have an issue price of 100 per cent of their nominal amount and bear a fixed interest rate of 6.00 per cent per annum.