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Ettevõte AS LHV Group
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Avaldamise aeg 08 sept 2020 11:30:00 +0300
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Pealkiri Notice on Public Offering of Subordinated Bonds of AS LHV Group
AS LHV Group (hereinafter LHV) hereby announces a public offering of LHV's
subordinated bonds. The offering is conducted on the basis of the prospectus
registered by the Estonian Financial Supervision and Resolution Authority (FSA)
on 7 September 2020, that has been disclosed on the date of this announcement on
the web pages of LHV and the FSA. The public offering of the subordinated bonds
will be carried out only in Estonia and not in any other jurisdiction.

Main terms of the offering

LHV offers publicly up to 25,000 subordinated bonds of LHV ?EUR 6.00 LHV Group
subordinated bond 20-2030" with the nominal value of EUR 1,000, the maturity
date 30.09.2030 and a quarterly paid fixed interest rate offered to the investor
at the rate 6.0% per annum. In case of oversubscription of the Bonds LHV has the
right to increase the offering volume by up to 10,000 additional bonds as a
result of which the total number of the bonds offered in the course of the
public offering may be up to 35,000. Subordinated bonds will be offered at a
price of EUR 1,000 per one bond. Subordinated bonds will be issued in a
dematerialised book-entry form and registered in Nasdaq CSD SE under ISIN code

The subscription period for the bonds will start on 16 September 2020 at 10.00
and will end on 25 September 2020 at 16.00. The offering will be targeted to
Estonian retail and institutional investors. Subordinated bond represents an
unsecured debt obligation of LHV before the investor. The subordination of the
bonds means that upon the liquidation or bankruptcy of LHV, all the claims
arising from the subordinated bonds shall fall due and shall be satisfied only
after the full satisfaction of all unsubordinated recognised claims in
accordance with the applicable law.

Timetable of the offering

 16.09.2020 at 10.00     Start of the subscription period for the subordinated

 25.09.2020 at 16.00     End of the subscription period for the subordinated

 On or about 28.09.2020  Disclosing the allocation results of the subordinated

 On or about 30.09.2020  Transfer of the subordinated bonds to investors'
                         securities accounts

                         Expected listing of the subordinated bonds and
 On or about 01.10.2020  admission to trading on the regulated market operated
                         by Nasdaq Tallinn AS (on the Baltic Bond List of the
                         Nasdaq Tallinn Stock Exchange)

Submitting subscription undertakings

In order to subscribe for the subordinated bonds, an investor has to submit
during the subscription period to the custodian who holds the investor's
securities account opened at Nasdaq CSD SE a subscription undertaking, which has
to contain the following data:

 Owner of the securities account:    Name of the investor who submitted the
                                     subscription undertaking

 Securities account:                 Number of the investor's securities

 Custodian:                          Name of the investor's custodian

 Security:                           EUR 6.00 LHV Group subordinated bond

 ISIN code:                          EE3300001791

 Amount of securities:               The number of bonds determined by the

 Price (per bond):                   EUR 1,000

                                     The total amount of the transaction (the
 Transaction amount:                 number of bonds determined by the investor
                                     multiplied by price per one bond)

 Counterparty:                       AS LHV Group

 Securities account of counterparty: 99100539709

 Custodian of the counterparty:      AS LHV Pank

 Value date of the transaction:      30.09.2020

 Type of transaction:                "subscription"

 Type of settlement:                 "delivery versus payment"

The subscription undertaking will be forwarded to Nasdaq CSD SE.

Listing and Admission to Trading of Subordinated Bonds

LHV intends to submit an application to Nasdaq Tallinn AS for the listing and
admission to trading of the LHV's subordinated bonds on the Baltic Bond List of
the Nasdaq Tallinn Stock Exchange. The expected date of listing and admission to
trading is on or about 1 October 2019.

While every effort will be made and due care will be taken in order to ensure
the listing and the admission to trading of the subordinated bonds, LHV cannot
ensure that the subordinated bonds will be listed and admitted to trading.

Availability of Prospectus and Terms of the Offering

The Prospectus of LHV has been published and can be obtained in electronic
format from LHV's website https://investor.lhv.ee and from the website of the
Financial Supervision Authority https://www.fi.ee. Additionally, the Estonian
translation of the Prospectus has been disclosed previously and made available
together with the Prospectus on the LHV website https://investor.lhv.ee and is
also available through the information system of Nasdaq Tallinn Stock Exchange.
The terms and conditions of LHV's subordinated bonds have been published and can
be obtained in electronic format from LHV's website https://investor.lhv.ee/

Before investing into LHV's subordinated bonds we ask you to acquaint yourself
with the prospectus, the final terms and conditions of the offering and if
necassary consult and expert.

LHV Group is the largest domestic financial group and capital provider in
Estonia. LHV Group's key subsidiaries are LHV Pank and LHV Varahaldus. LHV
employs over 470 people. LHV's banking services are used by more than 227,000
clients, and pension funds managed by LHV have about 181,000 active clients.
Additionally, LHV's UK branch offers banking infrastructure to more than 120
financial service providers, that in turn intermediate LHV's payment services to
their customers around the world.

Priit Rum
Communication Manager
Phone: +372 502 0786
Email: priit.rum@lhv.ee

Important information:

This notice is an advertisement for securities within the meaning of the
Regulation No 2017/1129/EU of 14 June 2017 of the European Parliament and of the
Council European Parliament and does not constitute an offer to sell
subordinated bonds or invitation to subscribe to subordinated bonds. An offer to
subscribe to subordinated bonds should be made and each investor should make any
decision to invest in the bonds only on the basis of the information contained
in the prospectus. The registration of a prospectus by the Financial Supervision
Authority is not considered to be a recommendation for subordinated bonds.

The information contained in this notice is not intended to be published,
distributed or transmitted, in whole or in part, directly or indirectly, in the
United States, Australia, Canada, Hong Kong, Japan, New Zealand, Singapore,
South Africa, or in any other country or circumstance where publication, sharing
or transmission would be unlawful. Subordinated bond will be publicly offered
only in the Republic of Estonia and the sale or offer of the bonds shall not
take place in any jurisdiction where such offer, invitation or sale would be
unlawful without the exception or qualification of law.