05.06.2018 12:30:00 CET
Restamax Plc
STOCK EXCHANGE RELEASE 5 JUNE 2018 at 13:30
NOTIFICATION OF MAJOR SHAREHOLDING IN ACCORDANCE WITH CHAPTER 9, SECTION 10 OF THE FINNISH SECURITIES MARKETS ACT
On 5 June 2018, Restamax Plc (Business ID 1952494-7) received a notification of major shareholding regarding Restamax Plc shares in accordance with Chapter 9, Section 5 of the Finnish Securities Markets Act.
According to the notification of major shareholding, due to the issue and registration of the new shares issued in Restamax Plc's share issue, the ownership of Timo Laine and his wholly-owned company Laine Capital Oy has decreased to 24.87 per cent of the share capital and votes of Restamax Plc.
| % 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 disclosure threshold | 24.87 | 0 | 24.87 | 18,892,347 |
| Share communicated in the previous notification of major shareholding (if there was a notification) | 28.27 | 0 | 28.27 |
Information on holdings and proportion of voting rights after breaking the disclosure 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)) | |
| FI4000064332 | 88780 | 4610064 | 0.47 | 24.40 |
| A Total | 4698844 | 24.87 | ||
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 |
| Timo Laine | 0.47 | 0.47 |
| Laine Capital Oy | 24.40 | 24.40 |
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.
Additional information:
Jarno Suominen, CFO, Restamax Plc, tel. +358 40 721 5655
Distribution:
NASDAQ Helsinki
Major media
www.restamax.fi
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