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Lamor Corporation Plc has obtained the financial covenant waiver that is a condition to the investor commitments in the contemplated directed issue

LAMORRegulatoriskt pressmeddelande2026-10-30 08:40
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Lamor Corporation Plc | Stock Exchange Release | October 30, 2026 at 09:40:00 EET

Lamor Corporation PlcStock exchange release[●] October 2026 at [●] [a.m./p.m.] EET

Lamor Corporation Plc (the "Company") announced on 23 October 2026 that, in connection with its senior financing arrangements, it was in negotiations with its relevant financing providers regarding certain financial covenant waivers for the testing date of 31 December 2026 and adjacent periods, and that it was aiming to obtain the necessary waivers by the end of October 2026.

The Company today announces that it has obtained the abovementioned financial covenant waivers for the testing date of 31 December 2026 and adjacent periods. The financial covenant waivers have entered into force with immediate effect.

Accordingly, the investor commitments to participate in the contemplated share issue, as announced on 23 October 2026, remain subject to certain customary conditions but the conditionality related to the financial covenant waiver has been fulfilled.

Further information
Fred Larsen, CEO
fred.larsen@lamor.com
+358 400 906 311

Nalle Stenman, CFO
nalle.stenman@lamor.com
+358 40 566 8918

Lamor in brief
Lamor is one of the world’s leading providers of environmental solutions. For more than 40 years, the company has helped its customers prepare for environmental damage, respond to it and restore damaged environments on land and at sea.

Lamor provides technologies, services and tailored turnkey solutions for environmental protection, soil remediation and restoration, and material recycling. Its expertise ranges from oil spill response to waste and water treatment, remediation of contaminated soil and chemical recycling of plastics.

Lamor combines the expertise of its own specialists with the execution capability of local partners and its global network. This enables the company to carry out large-scale, rapidly mobilised operations around the world.

Lamor has approximately 550 employees in more than 20 countries. In 2025, the company’s revenue was EUR 90.2 million. Lamor’s share is listed on the main list of Nasdaq Helsinki under the trading code LAMOR.

More information: www.lamor.com