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2017-05-04 15:30:26 CEST 2017-05-04 15:30:26 CEST REGULATED INFORMATION Kotipizza Group Oyj - Other information disclosed according to the rules of the ExchangeKotipizza Group Oyj: S-PANKKI OY AND KOTIPIZZA GROUP OYJ'S MARKET MAKING AGREEMENT FOR THE GROUP'S SHARE TERMINATESKotipizza Group Oyj Stock exchange release, 4 May 2017 at 4.30pm (EEST) S-PANKKI OY AND KOTIPIZZA GROUP OYJ'S MARKET MAKING AGREEMENT FOR THE GROUP'S SHARE TERMINATES S-Pankki Oy has terminated the market making agreement with Kotipizza Group Oyj and will cease to deliver liquidity providing services to Kotipizza Group Oyj on 31 May 2017. The agreement between S-Pankki Oy and Kotipizza Group Oyj was signed on 3 July 2015 and came into force on 7 July 2015, which was also the first day of trading in the company's shares the main list of the Helsinki Stock Exchange. The company evaluates that the Kotipizza Group's share has sufficient liquidity without market making operations. Kotipizza Group Oyj Tommi Tervanen, CEO For more information: Tommi Tervanen, CEO tel. +358 207 716 743 Timo Pirskanen, CFO and Deputy to the CEO 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. [] |
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