Dovre Group Plc | Inside Information | May 21, 2026, at 11:00 AM
Dovre Group Plc.’s (“Company”) ordinary debt restructuring proceedings were commenced by a decision of the District Court of Western Uusimaa issued on 28 January 2026. During the corporate restructuring proceedings, the Company’s Board of Directors has assessed the Company’s position and reviewed various strategic alternatives in order to consider the interests of the Company and its shareholders.
According to the Board's current assessment, one possible alternative serving the Company's interests could be an arrangement whereby, following the conclusion of the corporate restructuring proceedings, an entity meeting the listing requirements of Nasdaq Helsinki Ltd would merge with the Company. The implementation of such an arrangement would require, among other things, sufficient interest in the said entity from both the Company's existing shareholders and potential future shareholders.
The arrangement would further require the efficient completion of the Company's debt restructuring proceedings. A prerequisite is that the restructuring proceedings are concluded in such a manner that the Company's existing assets are sold either during the restructuring proceedings or pursuant to the provisions of a restructuring program confirmed by the District Court, after which all proceeds from such disposals of assets as well as from any recovery actions and other claims related to the restructuring proceedings are used to pay the Company's restructuring debts in accordance with the restructuring program and the payment schedule included therein. In such case, the payment obligations under the restructuring program would be deemed fulfilled and the Company would be released from all of its restructuring debts.
The Company draws particular attention to the fact that the administrator bears primary responsibility for the content and implementation of the restructuring program, which the administrator prepares after consulting the creditors' committee. The approval of the restructuring program is preceded by an extensive consultation process, in which the creditors' positions are primarily ascertained. During this process, creditors have the opportunity to raise objections and submit their statements on the proposed restructuring program.
Accordingly, the Company cannot guarantee what debt restructuring arrangements or shareholding measures will be associated with the restructuring program, nor in what form or according to what timeline the restructuring program will be approved or implemented.
The Company further emphasizes that the view described above is based on the Board of Directors’ current assessment. This release does not contain any commitment to implement any arrangement.
For further information, please contact:
Dovre Group Plc.
Kalervo Rötsä, Chairman of the Board of Directors
Tel. +358 40 560 9891
kalervo.rotsa@dovregroup.com
Distribution
Nasdaq Helsinki
Main media
www.dovregroup.com