29.11.2018 15:15:00 CET

Restamax Plc: NOTIFICATION OF MAJOR SHAREHOLDING UNDER CHAPTER 9(10) OF THE SECURITIES MARKETS ACT

Restamax Plc

STOCK EXCHANGE RELEASE 29 NOVEMBER 2018 at 4:15 pm

NOTIFICATION OF MAJOR SHAREHOLDING UNDER CHAPTER 9(10) OF THE SECURITIES MARKETS ACT

On 29 November 2018, Restamax Plc (Business ID 1952494-7) received from Evli Bank Plc a notification of major shareholding under Chapter 9(5) of the Securities Markets Act, according to which the proportion of Sijoitusrahasto Evli Suomi Pienyhtiöt, Sijoitusrahasto Evli Suomi Mix and Sijoitusrahasto Evli Suomi Select from the total number of Restamax Plc's shares increased to 1,105,299 shares, or to 5.85 per cent of Restamax Plc's share capital and votes, on 28 November 2018.

Evli Bank Plc owns 100 per cent of Evli Fund Management Company Ltd, which manages the aforementioned funds.

The holding of Evli Bank Plc and its funds 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 disclosure threshold
5.85 0 5.85 18,892,347
Proportion communicated in the previous notification of major shareholding
(if there was a notification)
4.60 0 4.60  


Information on holdings and proportion of voting rights after breaking the notification 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))
RESTA/FI4000064332 1,105,299   5.85  
A Total 1,105,299 5.85


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
Evli Bank Plc 0.00 0.00
Evli Fund Management Company Ltd 5.85 1,105,299


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.noho.fi

Restamax Plc is a Finnish group established in 1996, specialising in restaurant services and labour hire. 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 some 220 restaurants, nightclubs and entertainment centres all over Finland. The company also has restaurant business operations in Denmark. In June 2018, the company purchased Royal Ravintolat. Well-known restaurant concepts of the Group include Stefan's Steakhouse, Viihdemaailma Ilona, Classic American Diner, Hanko Sushi, Sandro, Savoy and Teatteri. In 2017, Restamax Plc's turnover was MEUR 185.9 and EBITDA MEUR 22.4. Depending on the season, the Group employs approximately 4,000 people converted into full-time workers. Restamax's subsidiary Smile Henkilöstöpalvelut Oyj employs approximately 10,000 people during the 2018 financial period. Restamax is changing its name to NoHo Partners Plc to better reflect its future goals and opportunities. The name change will enter into force in December 2018.

Restamax corporate website: www.noho.fi
Restamax consumer website: www.ravintola.fi
Royal Ravintolat: www.royalravintolat.fi
Smile Henkilöstöpalvelut: www.smilepalvelut.fi