10.04.2017 15:00:00 CET
Restamax Plc
STOCK EXCHANGE RELEASE 10 APRIL 2017 AT 16:00
NOTIFICATION OF MAJOR SHAREHOLDING IN ACCORDANCE WITH THE SECURITIES MARKETS ACT, CHAPTER 9, SECTION 10
On 10 April 2017, Restamax Plc received a notification of major shareholding regarding Restamax Plc shares in accordance with the Securities Markets Act, Chapter 9, Section 5.
According to the notification of major shareholding, the share of Mr Max Oy, which is owned in equal shares 50%/50% by Timo Laine and Mikko Aartio, of the total number of Restamax Plc shares has increased from 1,599,994 shares to 1,669,994 shares or to 10.05 per cent of the share capital and votes of Restamax Plc.
There is no shareholder agreement between Timo Laine and Mikko Aartio, but they exercise power of decision based on consensus over the shares of Restamax Plc owned by Mr Max Oy.
Restamax Plc's share capital comprises a total of 16,619,620 shares and votes. The company has one series of shares and each share carries one vote.
Additional information:
Jarno Suominen, CFO, Restamax Plc, tel. +358 40 721 5655
Distribution:
NASDAQ OMX Helsinki
Major media
www.restamax.fi
Restamax Plc is a Finnish restaurant business and labour hire services group established in 1996. The company, which listed on NASDAQ OMX Helsinki in 2013 and became the first Finnish listed restaurant company, has continued to grow strongly throughout its history. The Group companies include some 120 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 2016, Restamax Plc's turnover was MEUR 130.1 and EBITDA MEUR 19.4. Depending on the season, some 1,100 persons converted into full-time employees work at the Group. The workforce of Restamax subsidiary Smile Henkilöstöpalvelut Oy is about 4,500.
Restamax company website: www.restamax.fi, Restamax consumer website: www.ravintola.fi, Smile Henkilöstöpalvelut: www.smilepalvelut.fi