Restamax Plc: FLAGGING NOTIFICATION IN ACCORDANCE WITH CHAPTER 9, SECTION 10 OF THE FINNISH SECURITIES MARKETS ACT

Restamax Plc STOCK EXCHANGE RELEASE 8 JUNE 2017 at 16:00 FLAGGING NOTIFICATION IN ACCORDANCE WITH CHAPTER 9, SECTION 10 OF THE FINNISH SECURITIES MARKETS ACT Restamax Plc has on 7 June 2017 received a flagging notification in accordance with Chapter 9, Section 5 of the Finnish Securities...

London, 08/06/2017 (informazione.news - comunicati stampa - turismo)

Restamax Plc

STOCK EXCHANGE RELEASE 8 JUNE 2017 at 16:00



Restamax Plc has on 7 June 2017 received a flagging notification in accordance with Chapter 9, Section 5 of the Finnish Securities Markets Act concerning Restamax Plc's shares.

According to the flagging notification, the proportion of Laine Capital Oy and Mr Max Oy fully owned by Timo Laine from the total number of Restamax Plc's shares has decreased from 4,705,994 shares to 4,205,994 shares, or 25.31 per cent of Restamax Plc's share capital and votes.

Timo Laine owns 100 per cent of Laine Capital Oy. As of 7 June 2017, Timo Laine owns 100 per cent of the outstanding shares in Mr Max Oy, after which Timo Laine alone controls Mr Max Oy and has the power to take decisions with the Restamax Plc shares owned by Mr Max Oy.

On the day of submitting the flagging notification, Laine Capital Oy owns 3,036,000 Restamax Plc shares, or 18.27 per cent of Restamax Plc's share capital and votes; and Mr Max Oy owns 1,169,994 Restamax Plc shares, or 7.04 per cent of Restamax Plc's share capital and votes.

Restamax Plc's share capital consists of 16,619,620 shares and votes. Restamax Plc has one series of shares, and each share carries one vote.


Jarno Suominen, temporary CEO, CFO, Restamax Plc, tel. +358 40 721 5655


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