Source: Kotkamills Group Oyj

Kotkamills Group Oyj: MANAGERS' TRANSACTIONS

3 March 2018, at 6:00 pm (CET +1)

Kotkamills Group Oyj - Managers' Transactions

____________________________________________

Person subject to the notification requirement

Name: Elk Invest Oy

Position: Closely associated person

(X) Legal person

(1):Person Discharging Managerial Responsibilities In Issuer

Name: Hirvonen, Petri

Position: Chief Financial Officer

 

Issuer: Kotkamills Group Oyj

LEI: 743700JNE1SE9RQ3EB97

Notification type: INITIAL NOTIFICATION

Reference number: 743700JNE1SE9RQ3EB97_20180302190659_4

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Transaction date: 2018-02-28

Venue not applicable

Instrument type: SHARE

Instrument name: Kotkamills Group Oyj B-series share

Nature of the transaction: SUBSCRIPTION

Transaction details

(1): Volume: 2,505 Unit price: 2 EUR

Aggregated transactions

(1): Volume: 2,505 Volume weighted average price: 2 EUR

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Transaction date: 2018-02-28

Venue not applicable

Instrument type: SHARE

Instrument name: Kotkamills Group Oyj B-series share

Nature of the transaction: PLEDGING

Transaction details

(1): Volume: 20,000 Unit price:  N/A

Aggregated transactions

(1): Volume: 20,000 Volume weighted average price:  N/A

For additional information, please contact:

CFO Petri Hirvonen, tel.+358 40 571 0834, petri.hirvonen@kotkamills.com

DISTRIBUTION:
Nasdaq Helsinki Ltd
Key media
www.kotkamills.com


Kotkamills Group in brief

Kotkamills is a responsible partner that delivers renewable products and performance to its customers' processes via product innovations created from wood, a renewable raw material. One of the key brands of the company is Absorbex®, an innovative laminating paper product for the laminate, plywood and construction industries. Moreover, Kotkamills offers ecological, technically sound and visually attractive wood products for demanding joinery and construction. In summer 2016, Kotkamills started up a new board machine producing AEGLE(TM) Folding Boxboard and ISLA(TM) Food Service Boards, including the capability to add barriers on-machine. All Consumer Boards material solutions are fully recyclable and repulpable.

Kotkamills has two production sites in Finland, located in Kotka and Imatra. The majority shareholder of Kotkamills is MB Funds, a Finnish private equity firm.

www.kotkamills.com

Disclaimer

The information contained in this release shall not constitute an offer to sell or the solicitation of an offer to buy securities of Kotkamills Group Oyj in any jurisdiction.