Kotkamills Group Oyj - Company Announcement

Kotkamills Group Oyj: STRATEGIC REVIEW OF THE IMPREX BUSINESS - UPDATE

Kotkamills Group Oyj

STOCK EXCHANGE RELEASE

23 December 2016, at 3 pm (CET + 1)



Kotkamills Group Oyj has on 16 December 2016 published a stock exchange release
concerning initiation of 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 has on 16 December 2016
initiated a written procedure (the "Written Procedure") under the terms and
conditions of Kotkamills Group Oyj's EUR 105,000,000 Senior Secured Callable
Bonds 2015/2020 (ISIN: FI4000148705) for the purpose 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 decided to amend its request made in the Written
Procedure. The revised request delivered to all bondholders is attached hereto.

Additional information on the Imprex Business and the reasons for the Written
Procedure are set out in Kotkamills Group Oyj's stock exchange release of 16
December 2016.

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.



Attachments

Letter of Nordic Trustee Oy to the bondholders regarding the revised request












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Priedai:

Kotkamills - Revised Request.pdf