Ramirent Plc   Stock exchange release         September 2, 2019 at 16:15 EEST

Ramirent Plc ("Ramirent") will change its financial reporting practise and only publish a half year financial report and a financial statements bulletin in the future. Ramirent will therefore not publish an interim report for January-September 2019 on October 30th, 2019 as previously announced.

Loxam S.A.S. (“Loxam”) has acquired through a public tender offer more than 90 per cent of all the issued and outstanding shares and votes in Ramirent. Loxam has on July 29, 2019 commenced redemption proceedings in respect of Ramirent's minority shares by initiating arbitration proceedings in accordance with Chapter 18, Section 3 of the Finnish Companies Act in order to obtain ownership of all the issued and outstanding shares in Ramirent.

Loxam has announced that it intends to cause the shares of Ramirent to be delisted from Nasdaq Helsinki Ltd. as soon as permitted and practicable under applicable laws. Publication of the financial statements bulletin 2019 is subject to the timing of the delisting and will be published only if there is a regulatory requirement for this.

For further information:
Jukka Havia, Chief Financial Officer (CFO), tel. +358 50 355 3757, jukka.havia(at)ramirent.com

Franciska Janzon, SVP, Marketing, Communications, IR, tel. +358 20 750 2859, franciska.janzon(at)ramirent.com

RAMIRENT is a leading service company offering equipment rental for construction and other industries. Our mission is to help our customers gear up on safety and efficiency by delivering great equipment and smooth service with a smile. We have around 3,000 co-workers and 300 customer centers across nine countries in Northern and Eastern Europe. In 2018, Ramirent Group sales reached a total of EUR 712 million. Ramirent is listed on Nasdaq Helsinki Ltd (RAMI). Loxam S.A.S. has acquired more than 90 percent of all the Ramirent shares and will delist the company from Nasdaq Helsinki Ltd. as soon as permitted under applicable laws.

Ramirent - Gear Up. Equipment rental at your service

Distribution: Nasdaq Helsinki Ltd, the main media, www.ramirent.com