Tallinn, Estonia, 29 May 2025. Iute Group will close the public offering of its new senior secured EUR 2025/2030 bonds (ISIN XS3047514446) on 30 May 2025 at 15:30 EEST / 14:30 CEST* (subject to early closing).

The New Senior Secured EUR 2025/2030 Bonds will be offered for subscription at an issue price of 100% per bond with a fixed interest rate of 12% p.a, paid semi-annually during the first 48 months and quarterly thereafter. The total volume of the new Senior Secured EUR 2025/2030 Bonds of up to EUR 175 million corresponds to up to 1,750,000 bonds denominated at EUR 100.00 each. 

Investors in Estonia, Latvia, Lithuania, and Germany can subscribe to the bonds via their custodian banks and in Germany additionally via the DirectPlace subscription function of the Frankfurt Stock Exchange. Results of the public offering will be announced on or around 30 May 2025.

The securities prospectus approved by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg is available on the Company’s website: https://iute.com/investor/prospectus/. 

SUBSCRIPTION PROCESS

The Subscription Period* ends on 30 May 2025, 14:30 CEST / 15:30 EEST (subject to early closing).

*Collection deadline for subscription orders might differ depending on the investor’s chosen bank. Investors should contact their broker/custodian bank concerning the specific order collection deadline.

The settlement of the new EUR 2025/2030 Bonds and the transfer of the allocated bonds to the investors’ securities accounts are expected on or around 6 June 2025.

ADMISSION TO TRADING

The new EUR 2025/2030 Bonds are expected to be admitted to trading on the Regulated Market of the Frankfurt Stock Exchange (General Standard) and the Baltic Regulated Market of the Nasdaq Tallinn Stock Exchange on or around 9 June 2025.

INVESTOR PRESENTATIONS

CEO Tarmo Sild and CFO Kristel Kurvits presented the Subscription Offer via webcast/conference call. Recordings and presentations are published at: https://iute.com/investor/prospectus/.

All information and required documents regarding the subscription of the EUR 2025/2030 Bonds are available on the Company’s website at https://iute.com/investor/prospectus/.