Market announcement

Nordecon AS

LEI code

48510000D8HSLK854I81

Size of the entity

Large group

Economic activities

Construction

Country of registered office

Estonia

General information

Categories

Other corporate action

Unique data record identifier

9345

Submission date and time

22.02.2022 09:00:00

Content of announcement in Estonian

Title

Swencn AB (Nordecon AS kontserni ettevõte) saneerimiskava kinnitamine

Message

21. veebruaril 2022 kinnitas Stockholmis Nacka ringkonnakohus Swencn AB
(Nordecon AS kontserni Rootsis tegutsev ettevõte) võlausaldajate poolt
heakskiidetud saneerimiskava, mille kohaselt kuuluvad Swencn AB võlausaldajate
nõuded tasumisele 25% ulatuses 6 kuu jooksul alates saneerimiskava kohtu poolt
kinnitamisest.

Tegemist ei ole igapäevase majandustegevuse raamidest väljuva või olulist
tähtsust omava tehinguga Nasdaq Tallinna börsi reglemendi osa ?Nõuded
Emitentidele" tähenduses.

Andri Hõbemägi
Nordecon AS
Investorsuhete juht
Tel: +372 6272 022
Email: [email protected] (mailto:[email protected])
www.nordecon.com (http://www.nordecon.com)

Content of announcement in English

Title

Confirmation of the restructuring plan of Swencn AB (a subsidiary of Nordecon AS)

Message

On 21 February 2022, the Nacka District Court in Stockholm confirmed a
restructuring plan approved by the creditors of Swencn AB (a Nordecon Group
company operating in Sweden), according to which Swencn AB's creditors' claims
are payable in the extent of 25% of their claims within six months of court
confirmation of the restructuring plan.

It is not a transaction that goes beyond the scope of day-to-day business or is
of significant importance within the meaning of the section "Requirements for
Issuers" of the regulations of the Nasdaq Tallinn Stock Exchange.

Andri Hõbemägi
Nordecon AS
Head of Investor Relations
Tel: +372 6272 022
Email: [email protected] (mailto:[email protected])
www.nordecon.com (http://www.nordecon.com)