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

Kotkamills Group Oyj: RECEIPT OF WAIVER FROM BONDHOLDERS RELATING TO STRATEGIC REVIEW OF THE IMPREX BUSINESS

Kotkamills Group Oyj

STOCK EXCHANGE RELEASE

17 January 2017, at 9:30 am (CET + 1)







As set out in Kotkamills Group Oyj's stock exchange release published on 16
December 2016 (as updated on 23 December 2016), the company has initiated a
strategic review of one of the Group's existing business lines, the Imprex®
business line (the "Imprex Business"). In connection with the strategic review
process, Kotkamills Group Oyj initiated on 16 December 2016 a written procedure
in accordance with the terms and conditions of Kotkamills Group Oyj's
EUR 105,000,000 Senior Secured Callable Bonds 2015/2020 (ISIN: FI4000148705) for
the purposes of obtaining a consent from the bondholders for the event that
Kotkamills Group Oyj would, as a result of the ongoing strategic review process,
decide on a disposal of the Imprex Business.

Kotkamills Group Oyj has been informed by Nordic Trustee Oy, acting as the
Trustee under the bonds, that the bondholders have given the requested consent
(as revised on 23 December 2016) for a disposal of the Imprex Business in
accordance with the terms and conditions of the bonds. Nordic Trustee Oy's
confirmation is attached hereto.



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. The key brands of the company include Absorbex®
and Imprex®, both innovative laminating paper products 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.



Attachment

Confirmation from Nordic Trustee Oy








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Attachments:

Notice from written Procedure - Kotkamills Group Oyj - 16012017.pdf