Restamax Plc: FLAGGING NOTIFICATION UNDER SECTION 9(10) OF THE SECURITIES MARKETS ACT
STOCK EXCHANGE RELEASE 13 JUNE 2018 at 2pm
FLAGGING NOTIFICATION UNDER SECTION 9(10) OF THE SECURITIES MARKETS ACT
Restamax Plc (business ID 1952494-7) has on 12 June 2018 received from Timo Laine a flagging notification under Section 9(5) of the Securities Markets Act, according to which the shareholding of Timo Laine and Laine Capital Oy fully owned by him of Restamax Plc's share capital and votes has risen to 25.08 per cent on 12 June 2018.
The holding of Timo Laine and Laine Capital Oy as described in the notification:
|% of shares and votes||% of shares and votes through financial instruments||Total percentage||Total number of shares and votes of target company|
| Share after |
reaching or breaking
the flagging threshold
| Share communicated in the previous flagging notification |
Information on holdings and proportion of voting rights after breaking the flagging threshold:
A: Shares and votes
|Shares series/share type||Number of shares and votes||Percentage of shares and votes|
|Direct (SMA 9(5))||Indirect (SMA 9(6) and 9(7))||Direct (SMA 9(5))||Indirect (SMA 9(6) and 9(7))|
Information on the party obliged to give notice of major shareholding:
The entire chain of control (starting from the natural or legal person exercising the highest authority) through which shares, votes or financial instruments are controlled:
|Name||% of shares and votes||Shares, votes or financial instruments in total|
|Laine Capital Oy||24.61||24.61|
Restamax Plc's share capital consists of 18,892,347 shares and votes. Restamax Plc has one series of shares, and each share carries one vote.
Jarno Suominen, CFO, Restamax Plc, tel. +358 40 721 5655
Restamax Plc is a Finnish restaurant business and labour hire services group established in 1996. The company, which was listed on NASDAQ Helsinki in 2013 and became the first Finnish listed restaurant company, has continued to grow strongly throughout its history. The Group companies include more than 130 restaurants, nightclubs and entertainment centres all over Finland. Well-known restaurant concepts of the Group include Stefan's Steakhouse, Viihdemaailma Ilona, Classic American Diner and Colorado Bar & Grill. In 2017, Restamax Plc's turnover was MEUR 185.9 and EBITDA MEUR 22.4. Depending on the season, the Group employs approximately 2,400 people converted into full-time workers. Restamax's subsidiary Smile Henkilöstöpalvelut Oy employs approximately 9,000 people per month.
Restamax company website: www.restamax.fi, Restamax consumer website: www.ravintola.fi, Smile Henkilöstöpalvelut: www.smilepalvelut.fi