Kotkamills Group Oyj - Other information disclosed according to the rules of the Exchange

Kotkamills Group Oyj: DISPOSAL OF KOTKAMILLS IMPREX OY COMPLETED

Kotkamills Group Oyj



STOCK EXCHANGE RELEASE

31 October 2017, at 12:30 pm (CET +1)

Kotkamills Group Oyj has on 12 October 2017 published a stock exchange release
regarding signing of a share purchase agreement concerning the sale and purchase
of all issued and outstanding shares in Kotkamills Imprex Oy to Dongwha
Enterprise Co. as a result of Kotkamills' strategic review process concerning
the Imprex® business line (the "Imprex Business").

Kotkamills has today completed the disposal of Kotkamills Imprex Oy.

In accordance with the terms and conditions of the consent for the disposal of
the Imprex Business granted by the holders of Kotkamills Group Oyj's
EUR 105,000,000 Senior Secured Callable Bonds 2015/2020 (ISIN: FI4000148705)
(the "Bonds") on 16 January 2017, 50 per cent of the net disposal proceeds
received by Kotkamills Oy from the sale of Kotkamills Imprex Oy shall be applied
in partial repayment on outstanding Bonds. On that basis, the amount to be
repaid for each Bond is EUR 11,732.00. The Record Date (as defined in the terms
and conditions of the Bonds) for the repayment will be 6 November 2017 and the
repayment will be disbursed to the bondholders on 7 November 2017.

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. 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.








[]