Kotkamills Group Oyj
STOCK EXCHANGE RELEASE
28 February 2019, at 8:00 pm (CET + 1)
Kotkamills Group Oyj ("Kotkamills") has carried out a directed issue of series B shares as part of the company's management incentive system for key employees. The issue of shares has resulted in changes in the number of shares and votes in Kotkamills as follows:
Prior to the issuance of new shares, there were in total 14,121,069 shares in Kotkamills, of which 12,732,464 series A shares, corresponding to 12,732,464 votes, and 1,388,605 series B shares, corresponding to 1,388,605 votes, 14,121,069 votes in total.
The number of shares has through the issuance of new series B shares increased by 26,113 and the number of votes has increased by 26,113.
As of 28 February 2019, there are in total 14,147,182 shares in Kotkamills, of which 12,732,464 series A shares, corresponding to 12,732,464 votes, and 1,414,718 series B shares, corresponding to 1,414,718 votes, 14,147,182 votes in total.
Kotkamills Group Oyj
Board of Directors
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. Since 2016, Kotkamills has operated a new board machine producing AEGLE(TM) Folding Boxboard and ISLA(TM) Food Service Boards, having the capability to add barriers on-machine. All Consumer Board material solutions are fully recyclable and repulpable.
Kotkamills' production site is located in Kotka, Finland. The majority shareholder of Kotkamills is MB Funds, a Finnish private equity firm.
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.