Kotkamills Group Oyj - Company Announcement

Kotkamills Group Oyj: KOTKAMILLS HAS SIGNED A CONTRACT CONCERNING SALE OF TRADE RECEIVABLES

Kotkamills Group Oyj

STOCK EXCHANGE RELEASE

2 September 2016, at 6:30 pm (CET + 1)



Kotkamills Oy, the subsidiary of Kotkamills Group Oyj, has signed a contract of
approximately EUR 20 million with a Nordic financial institution concerning sale
of trade receivables of the company to the financial institution (on an ongoing,
non-recourse basis on customary market terms). This transaction is expected to
reach its full effect by the end of Q1 2017. Together with 20.5.2016 informed
contract Kotkamills Oy will obtain aggregate financing of approximately EUR 40
million by sale of trade receivables.



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, and
a subsidiary L.P. Pacific Films for Imprex® production in Malaysia. 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.

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