Kotipizza Group Oyj: Flagging notification in acco
Post# of 301275
Kotipizza Group Oyj
Stock Exchange Release 9 February 2017 at 9.00 am (EET)
Flagging notification in accordance with Chapter 9, Section 10 of the Securities Markets Act
Kotipizza Group Oyj (" Kotipizza ") has received a notification pursuant to Chapter 9, Section 5 of the Securities Markets Act from Sentica Buyout III GP Oy (business ID 2126931-6) and Sentica Buyout III Ky (business ID 2237279-6).
According to the notification, Sentica Buyout III Ky and Sentica Buyout III Co-Investment Ky (business ID 2237018-4) (together referred to as the " Funds ") have sold a total number of 4,020,618 shares in an accelerated book-building process (the " Share Sale "). In connection with the completion of the Share Sale, Sentica Buyout III Ky's direct ownership of the shares and voting rights in Kotipizza fell below the 5 per cent threshold. According to the notification, in the same connection Sentica Buyout III GP Oy's indirect ownership through the Funds fell below the 5 per cent threshold of all the shares and voting rights in Kotipizza.
In addition, Kotipizza has received a press release regarding the Share Sale published by Sentica Partners Oy on 9 February 2017 at 9.00 am (EET). The press release has been attached to this stock exchange release.
As a result of the Share Sale, Sentica Buyout III Ky and Sentica Buyout III Co-investment Ky no longer own any shares or votes in Kotipizza.
The general partner of Sentica Buyout III Ky and Sentica Buyout III Co-Investment Ky is Sentica Buyout III GP Oy, which exercises the power of decision in the Funds. The investment management functions for both of the Funds have been transferred to Sentica Partners Oy based on a separate investment management agreement.
Kotipizza has a total of 6,351,201 shares. Each share entitles its holder to one (1) vote.
Kotipizza Group Oyj Tommi Tervanen, CEO
More information: Tommi Tervanen, CEO tel. +358 207 716 743
Timo Pirskanen, CFO tel. +358 207 716 747
Kotipizza Group in brief Kotipizza is a Finnish pizza chain founded in 1987. At the end of financial year 2015, the number of restaurants stood at 257 restaurants. In 2015, the sales of Kotipizza restaurants were EUR 77.3 million. Kotipizza Group net sales were EUR 56.4 million for the financial year 2015 with a comparable EBITDA of EUR 5.03 million respectively. Attachment: Press release published by Sentica Partners Oy on 9 February 2017 at 9.00 am (EET).
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