Dovre Group Plc | Stock Exchange Release | 1.9.2026 at 6:00 PM
Dovre Group Plc (in debt restructuring proceedings) has sold its remaining operating subsidiaries, and the Dovre Group has been dissolved
As part of the debt restructuring proceedings, Dovre Group Oyj ("Dovre") has sold, for cash and with full ownership rights, the entire share capital of its subsidiaries Renetec Oy and Proha Oy, as well as its ownership interest in the Singaporean company Sararasa Bioindo Pte. Ltd (19.86 per cent of the share capital), to Navdata Oy.
At the same time, the group led by Dovre has been dissolved. Dovre no longer has any subsidiaries or associated companies engaged in operational business.
The aggregate cash purchase price is EUR 615,000.
Dovre reiterates the view expressed in its release published on 21.5.2026. An arrangement in which, following the conclusion of the debt restructuring proceedings, an entity meeting the listing requirements of Nasdaq Helsinki Oy would merge with Dovre may be regarded as an alternative serving Dovre's interests.
The important condition communicated by Dovre for Dovre's continuation as a listed company, namely that the Company's current assets be realised either during the debt restructuring proceedings or pursuant to the provisions of a restructuring programme to be confirmed by the District Court, has now been fulfilled in practice.
Additional information
Dovre Group Plc
Kalervo Rötsä, Chairman of the Board
Tel. 040 560 9891
kalervo.rotsa@dovregroup.com
Dovre Group Plc
Markku Taskinen, CEO
Tel. 050 343 14 82
markku.taskinen@dovregroup.com
Distribution
Nasdaq Helsinki
Key media outlets
www.dovregroup.com
