Restamax Plc
STOCK EXCHANGE RELEASE 14 NOVEMBER 2013, 13:15
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, SOUTH AFRICA, HONG KONG, JAPAN, CANADA OR SINGAPORE OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.
RESTAMAX PLC'S LISTING APPLICATION SUBMITTED TO THE HELSINKI STOCK EXCHANGE
In a company release published on 11 November 2013, Restamax Plc (the 'Company') announced an initial public offering ('Initial Public Offering') in which the Company is offering a maximum of 3,600,000 new shares in the Company to Finnish and international institutional investors ('Institutional Offering') and to private individuals and corporations in Finland ('Public Offering') and to certain members of Restamax's personnel in Finland ('Personnel Offering'). The subscription period of the Institutional Offering will end on or about 22 November 2013 at 12:00 (Finnish time) and the subscription period of the Public and Personnel Offerings will end on or about 21 November 2013 at 16:30 (Finnish time).
Before the Initial Public Offering, the shares of the Company have not been subject to trading on a regulated market. Today, the Company has submitted a listing application to NASDAQ OMX Helsinki Ltd (the 'Helsinki Stock Exchange') for the listing of the Company's shares on the official list of the Helsinki Stock Exchange under the trading code RESTA. Trading in the shares is expected to commence on the official list of the Helsinki Stock Exchange on or about 28 November 2013. The ISIN code of the shares to be listed is FI4000064332. Assuming that all of the Company shares offered in the Initial Public Offering are subscribed for, the total number of Company shares to be listed will be 14,249,620.
The Finnish-language prospectus concerning the Initial Public Offering approved by the FIN-FSA on 11 November ('Listing Prospectus') has been available from the lead manager and place of subscription of the Initial public offering, Evli Bank Plc ('Lead Manager'), on the website of the Company at www.restamax.fi and on the Lead Manager's website at www.evli.com as of 12 November 2013.
Additional information:
CEO Markku Virtanen, Restamax Plc, +358 (0)400 836 477, markku.virtanen@restamax.fi
Chairman of the Board Timo Laine, Restamax Plc, +358 (0)400 626 064, timo.laine@restamax.fi
Restamax Plc
Markku Virtanen
CEO
Distribution:
NASDAQ OMX Helsinki
Major media
www.restamax.fi
Restamax Plc is a Finnish restaurant group established in 1996. The company has grown rapidly throughout its operating history. The group operates circa 60 restaurants, bars and night clubs across Finland. The company's well-known restaurant concepts include Ristorante Bella Roma, Gringos Locos, Viihdemaailma Ilona, Daddy's Diner and Stefan's Steakhouse. Wayne's Coffee is also a part of the company's portfolio. Restamax Plc has circa 700 employees and the turnover for 2012 amounted to approximately EUR 60 million and EBITDA to approximately EUR 10 million. www.restamax.fi.
NOTICE
This release is not a prospectus, and thus, is not an offer for securities. No offer is being made in jurisdictions in which either the offer or the participation in it would be prohibited our would require the drafting of a prospectus, registration or other measures in addition to measures in accordance with Finnish legislation. Investors must make their investment decisions concerning subscription for shares based only on the information presented in the Listing Prospectus for the shares approved by the Finnish Financial Supervisory Authority. This release is not an offer to sell securities in the United States of America nor in any country of the European Economic Area.
Shares cannot be offered or sold in the United States without registration in accordance with the US Securities Act of 1933 (as amended) or in reliance on an exemption from the registration requirements of the US Securities Act of 1933. Restamax has not registered, and does not intend to register, any part of a possible offer in the United States, nor does it intend to offer securities to the public in the United States.
The Company's shares are not, and will not be, registered in accordance with the securities market legislation of Australia, Canada, Hong Kong, South Africa, Singapore or Japan, nor will the Company's shares be offered or sold to or on behalf of residents or citizens of Australia, Hong Kong, South Africa, Singapore, Canada or Japan other than in special cases in accordance with the provisions and orders of the authorities of the jurisdictions in question in force from time to time.
The Company is offering Shares to certain experienced investors in the European Economic Area for subscription under certain preconditions. To date, no actions that would require the publication of a prospectus for the offering of the Shares have been taken in any European Economic Area country other than Finland. Shares can be offered in Member States only in the situations that do not require the publication of a prospectus as provided for in Directive 2003/71/EC (as amended, including Directive 2010/73/EU).
This release may include forward-looking statements. These forward-looking statements include factors that are not historical facts, statements on, among other things, Restamax's results, financial position, solvency, opportunities, growth, strategies and Restamax's intentions, beliefs and current expectations concerning its industry. By nature, forward-looking statements involve risks and uncertainties, because they relate to events or are due to circumstances that may or may not occur in the future and, thus, express only the circumstances at the time they are given. Restamax gives notice that forward-looking statements are no assurance of future performance, and that its actual results, financial position and solvency as well as the development of its industry could significantly differ from what has been stated or proposed in the forward-looking statements herein. In addition, even if Restamax's results, financial position and solvency as well as the development of its industry correspond to the forward-looking statements herein, such results or development are no indication of future results or developments. Restamax does not undertake to verify expectations or estimates or to publish corrections to forward-looking statements reflecting events or circumstances subsequent to the publication of this release.