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Thursday, 18 May 2017

Kotipizza Group Oyj: Flagging announcement pursuant to Securities Markets Act Chapter 9, Section 10

Kotipizza Group Oyj    

Published: 14:00 CEST 18-05-2017 /GlobeNewswire /Source: Kotipizza Group Oyj / : PIZZA /ISIN: FI4000157235

Kotipizza Group Oyj: Flagging announcement pursuant to Securities Markets Act Chapter 9, Section 10

Kotipizza Group Oyj
Stock Exchange Release 18 May 2017 at 3pm (EEST)


Flagging announcement pursuant to Securities Markets Act Chapter 9, Section 10


Pursuant to the Finnish Securities Markets Act chapter 9, section 5, Elementa Management AB announced on 16 May 2017 that its holding in Kotipizza Group Oyj has gone below the threshold of (5) percent (1/20) of the share capital on 16 May 2017.


1. The company: Kotipizza Group Oyj


2. The date of change in holdings: 16 May 2017


3. Exact proportion of share capital and voting rights as of 16 May 2017: The shares managed by Elementa Management AB totaled 265.406 shares representing 4.17% of total share capital and total voting rights. 


4. Shareholder: Elementa Management AB


Kotipizza Group Oyj

Tommi Tervanen, CEO


For 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 2016, the number of restaurants stood at 257 restaurants. In 2016, the sales of Kotipizza restaurants were EUR 89.9 million. Kotipizza Group's net sales were EUR 66.6 million for the financial year 2016 with a comparable EBITDA of EUR 6.73 million, respectively.

 

 



Kotipizza Group Flagging announcement 18.5.2017



This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of NASDAQ OMX Corporate Solutions clients. Source: Kotipizza Group Oyj, Hermannin rantatie 8, Helsinki 00580, Suomi
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