Nurminen Logistics Oyj - Major shareholder announcements

Disclosure under Chapter 9 Section 5 of the Securities Markets Act

Nurminen Logistics Plc                     Stock Exchange Release         28
July 2017 at 4.00 p.m. Finnish time

Nurminen Logistics Plc (Nasdaq Helsinki: NLG1V) (“Nurminen Logistics”, the
“Company”) has 28 July 2017 received a notification in accordance with Chapter
9, Section 5 of the Securities Markets Act (“SMA”) from Ilmarinen Mutual Pension
Insurance Company (“Ilmarinen”).

According to the notification, the total number of Nurminen Logistics shares and
voting rights owned directly by Ilmarinen is under 20.0 per cent of Nurminen
Logistics’ total number of shares and voting rights on 28 July 2017. In addition
to the direct holding of Ilmarinen, as disclosed earlier on 18 July 2017,
Ilmarinen subscribed the convertible hybrid bond (the “Convertible Hybrid
Bond”), which can be converted into the shares in the Company in accordance with
the terms and conditions of the Convertible Hybrid Bond. As the new shares
issued in connection with the rights issue of the Company, have been registered
with the Finnish Trade Register, the total number of shares and voting rights in
the Company has increased, as disclosed by the Company on 28 July 2017. Due to
increase of the total number of shares and voting rights in the Company, the
portion of shares and voting rights, to which Ilmarinen is entitled through the
Convertible Hybrid Bond has diluted to 9.39 per cent.

According to the notification, in accordance with the SMA and the guidelines
issued by the Finnish Financial Supervisory Authority, the notified ownership
percentages presented in the notification have been calculated against the
current total number of shares and votes disclosed by Nurminen Logistics being
43,904,174 including the treasury shares held by Nurminen Logistics.

Total position of Ilmarinen subject to the notification:

+----------------+----------+------------------------------------+---------+
|                |% of      |% of shares and voting rights       |Total of |
|                |shares and|through financial instruments (total|both in %|
|                |voting    |of B)                               |(A+B)    |
|                |rights    |                                    |         |
|                |(total    |                                    |         |
|                |of A)     |                                    |         |
+----------------+----------+------------------------------------+---------+
|Resulting       |< 20      |9.39                                |29.38    |
|situation on the|          |                                    |         |
|date on         |          |                                    |         |
|which threshold |          |                                    |         |
|was crossed or  |          |                                    |         |
|reached         |          |                                    |         |
+----------------+----------+------------------------------------+---------+
|Position of     |-         |28.08                               |28.08    |
|previous        |          |                                    |         |
|notification    |          |                                    |         |
|(if applicable) |          |                                    |         |
+----------------+----------+------------------------------------+---------+

Notified details of the resulting situation on the date on which the threshold
was crossed or reached:

A: Shares and voting rights

+-------------------+---------+------+----------------+------------+
|Class/type of      |Number of       |% of shares and voting rights|
|sharesISIN code (if|shares          |                             |
|possible)          |and             |                             |
|                   |voting          |                             |
|                   |rights          |                             |
+-------------------+---------+------+----------------+------------+
|Direct             |Indirect |Direct|Indirect        |
|(SMA 9:5)          |(SMA 9:6 |(SMA  |(SMA 9:6 ja 9:7)|
|                   |ja 9:7)  |9:5)  |                |
+-------------------+---------+------+----------------+------------+
|FI4000252358       |8,780,000|      |Under 20        |            |
+-------------------+---------+------+----------------+------------+
|SUBTOTAL A         |8,780,000       |Under 20                     |
+-------------------+---------+------+----------------+------------+

B: Financial instruments according to the SMA 9:6a

+-----------+----------+--------------+-----------+-----------------+----------
-+
|Type of    |Expiration|Exercise/     |Physical or|Number of shares |% of
shares|
|financial  |date      |Conversion    |cash       |and voting rights|and voting
|
|instrument |          |period        |settlement |                 |rights
|
+-----------+----------+--------------+-----------+-----------------+----------
-+
|Convertible|No        |1 January 2018|Physical   |4,120,879        |9.39
|
|hybrid bond|expiration|– 17 June 2022|settlement |                 |
|
|           |date      |              |           |                 |
|
+-----------+----------+--------------+-----------+-----------------+----------
-+
|           |          |              |           |                 |
|
+-----------+----------+--------------+-----------+-----------------+----------
-+
|           |          |              |SUBTOTAL B |4,120,879        |9.39
|
+-----------+----------+--------------+-----------+-----------------+----------
-+

The person subject to the notification obligation is not controlled by any
natural person or legal entity and does not control any other undertaking(s)
holding directly or indirectly an interest in the (underlying) issuer.

Nurminen Logistics Plc

Marko Tuunainen
President and CEO
tel. +358 10 545 7011

DISTRIBUTION:
Nasdaq Helsinki
Main Media
Finnish Financial Supervisory Authority
www.nurminenlogistics.com

Attachments:

07283153.pdf