ROBIT PLC'S INITIAL PUBLIC OFFERING WAS WELL OVERSUBSCRIBED - FINAL SUBSCRIPTION PRICE EUR 5.70 PER SHARE

ROBIT PLC COMPANY RELEASE 20 May 2015 at 4.15 p.m.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, HONG KONG, SOUTH AFRICA, SINGAPORE OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.

ROBIT PLC'S INITIAL PUBLIC OFFERING WAS WELL OVERSUBSCRIBED - FINAL SUBSCRIPTION PRICE EUR 5.70 PER SHARE

Robit Plc's ("Robit" or the "Company") Board of Directors and sellers have on 20 May 2015 decided that the initial public offering ("the Offering") will be executed in full. The Offering was well oversubscribed. The final subscription price of the shares is EUR 5.70 per share in the institutional offering and the public offering and EUR 5.13 per share in the personnel offering. Robit receives proceeds of approximately EUR 33 million before payments, fees and expenses to be paid in the Offering. Robit's market value immediately subsequent to the Offering is EUR 91 million.

Summary of the Offering

• The Board of Directors of the Company and the sellers decided on the completion of the Offering, the number of the offer shares, and the final subscription price for the offer shares on 20 May 2015.
   
• The final subscription price of the shares is EUR 5.70 per share in the institutional offering and the public offering and EUR 5.13 per share in the personnel offering.
   
• The Offering was well oversubscribed. Investors in the public offering are allocated 552,237 shares in the Company, investors in the personnel offering are allocated 20,869 shares in the Company and investors in the institutional offering are allocated 7,852,113 shares in the Company, assuming the Over-Allotment Option (as defined below) will be fully used. International investors are allocated approximately 29.5 percent of the shares offered in the institutional offering.
   
• After the Offering, the Company has over 600 shareholders and the number of shares in the Company increases to 15,883,900 shares.
   
• In order to cover over-allotment option, if any, Oy Swot Consulting Harri Sjöholm Ltd ("Swot") has undertaken to sell a maximum of 767,747 additional shares, corresponding to approximately 10.0 percent of the number of shares in the Offering (the "Over-Allotment Option").
   
• The total value of the Offering amounts to EUR 48 million, assuming that the Over-Allotment Option is exercised in full.
   
• Following the completion of the initial public offering and assuming exercise in full of the Over-Allotment Option, Robit's largest shareholders include Swot with approximately 40.3 per cent of the shares and votes in the Company, certain funds managed by OP Fund Management Company Ltd with approximately 9.0 per cent of the shares and votes in the Company, Aktia Asset Management Ltd, acting as investment manager for Aktia funds with approximately 7.0 per cent of the shares and votes in the Company and SP-Fund Management Ltd with approximately 5.5 per cent of the shares and votes in the Company.
   
• Robit receives proceeds of approximately EUR 33 million from the issue of the issue shares, and the sellers receive proceeds of approximately EUR 15 million from the sale of the sale shares before payments, fees and expenses to be paid in the Offering assuming that the Over-Allotment Option is exercised in full.
   
• The shares subscribed for in the Offering are to be registered with the trade register maintained by the Finnish Patent and Registration Office on or about 20 May 2015 and trading in the Company's shares is expected to commence on 21 May 2015 under the share trading code ROBIT.
   
• A confirmation letter regarding the acceptance of the subscription commitments and allocation of the offer shares shall be sent after the pricing to all investors that have participated in the public offering. Possible refunds will be made on or about 26 May 2015. If the investor's bank account is in another financial institution than the subscription place, the refund will be paid to a Finnish bank account in accordance with the payment schedule of the financial institutions, on or about two (2) banking days later at the latest.
   
• Skandinaviska Enskilda Banken AB (publ) Helsinki Branch (the "Lead Manager") will enter into a share lending agreement with Swot related to the settlement and stabilisation. In connection with the Offering, the Lead Manager may, but is not obligated to, within 30 days from the commencement of the trading of the shares in the Company on NASDAQ OMX First North marketplace engage in measures which stabilise, maintain or otherwise affect the price of the shares in the Company. Any stabilization measures will be conducted in accordance with the European Commission Regulation (EC) No 2273/2003 implementing Directive 2003/6/EC of the European Parliament and of the Council as regards exemptions for buy-back programmes and stabilization of financial instruments.

Chairman of the Board of Directors, Harri Sjöholm comments:

"We want to thank the investors who participated in Robit's IPO and for the trust they have put in our company and its prospects. The successful IPO will further enhance our possibilities to widen our product portfolio and strengthen our presence in current and new market areas. In addition it will support Robit's growth through potential acquisitions. I wish to extend a warm welcome to all of our new shareholders in joining Robit's journey towards growth."

CEO Jussi Rautiainen comments:

"We are delighted that Robit has gained such wide support for its international growth efforts. Through the IPO, we have not only gained support for Robit's growth prospects but are able to further strengthen our presence in the four market areas most important to us. We are proud and thankful for the trust placed on Robit."

Skandinaviska Enskilda Banken AB (publ) Helsinki Branch acted as the Lead Manager for the Offering and as the certified advisor of the Company in accordance with the First North rules. Borenius Attorneys Ltd acted as the legal advisor to the Company and Hannes Snellman Attorneys Ltd as the legal advisor to the Lead Manager.

ROBIT PLC
Board of Directors

Further information:
Robit Plc

Robit develops, manufactures, supplies and services drilling consumables for applications in tunnelling, geothermal heating and cooling, construction, and mining industries. The Company's products can be divided into top hammer drilling consumables used for rock drilling and DTH (down-the-hole) drilling consumables used for ground drilling. The Company has sales companies in Finland, South Korea, the United States, Russia and South Africa, as well as a sales office in China as well as distribution network with approximately 160 distributors. Robit's products are sold to over 100 countries. The Company has production in Finland and South Korea.

DISTRIBUTION:

NASDAQ OMX Helsinki Ltd
Key media
www.robit.fi

DISCLAIMER

The information contained herein is not for publication or distribution, directly or indirectly, in or into the United States, Canada, Australia, Hong Kong, South Africa, Singapore or Japan.

These written materials do not constitute an offer of securities for sale in the United States, nor may the securities be offered or sold in the United States absent registration or an exemption from registration as provided in the U.S. Securities Act of 1933, as amended, and the rules and regulations thereunder. Robit Plc (the "Company") does not intend to register any portion of the offering in the United States or to conduct a public offering of securities in the United States.

The issue, exercise and/or sale of securities in the initial public offering are subject to specific legal or regulatory restrictions in certain jurisdictions. Neither the Company nor Skandinaviska Enskilda Banken AB (publ) assumes any responsibility in the event there is a violation by any person of such restrictions.

The information contained herein shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of the securities referred to herein in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction. Investors must neither accept any offer for, nor acquire, any securities to which this document refers, unless they do so on the basis of the information contained in the applicable prospectus published or offering circular distributed by the Company.

The Company has not authorized any offer to the public of securities in any Member State of the European Economic Area other than Finland. With respect to each Member State of the European Economic Area other than Finland and which has implemented the Prospectus Directive (each, a "Relevant Member State"), no action has been undertaken or will be undertaken to make an offer to the public of securities requiring publication of a prospectus in any Relevant Member State. As a result, the securities may only be offered in Relevant Member States (a) to any legal entity which is a qualified investor as defined in the Prospectus Directive; or (b) in any other circumstances falling within Article 3(2) of the Prospectus Directive. For the purposes of this paragraph, the expression an "offer of securities to the public" means the communication in any form and by any means of sufficient information on the terms of the offer and the securities to be offered so as to enable an investor to decide to exercise, purchase or subscribe the securities, as the same may be varied by any measure implementing the Prospectus Directive in that Relevant Member State and the expression "Prospectus Directive" means Directive 2003/71/EC (and amendments thereto, including the 2010 PD Amending Directive, to the extent implemented in the Relevant Member State), and includes any relevant implementing measure in the Relevant Member State and the expression "2010 PD Amending Directive" means Directive 2010/73/EU.

This communication does not constitute an offer of the securities referred to herein to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the securities referred to herein. This communication is directed only at (i) persons who are outside the United Kingdom or (ii) persons who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") and (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2) of the Order (all such persons together being referred to as "relevant persons"). Any investment activity to which this communication relates will only be available to and will only be engaged with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.