Okmetic Oyj - Company Announcement

NSIG Finland to commence a compulsory redemption proceeding in respect of the remaining shares in Okmetic

OKMETIC OYJ     STOCK EXCHANGE RELEASE     23 JUNE 2016    AT 1.00 P.M.

NOT FOR RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN
OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, CANADA,
JAPAN, AUSTRALIA, SOUTH AFRICA OR HONG KONG OR IN ANY OTHER JURISDICTION IN
WHICH THE TENDER OFFER OR SUCH RELEASE OR DISTRIBUTION WOULD BE PROHIBITED BY
APPLICABLE LAW OR REQUIRE OFFER DOCUMENTS, REGISTRATION OR OTHER MEASURES IN
ADDITION TO THOSE REQUIRED UNDER FINNISH LAW.

NSIG FINLAND TO COMMENCE A COMPULSORY REDEMPTION PROCEEDING IN RESPECT OF THE
REMAINING SHARES IN OKMETIC

NSIG Finland S.à r.l. ("NSIG Finland") has on 30 May 2016 announced that it will
complete the voluntary public tender offer to purchase all of the issued and
outstanding shares and option rights in Okmetic Oyj ("Okmetic") that are not
owned by Okmetic or any of its subsidiaries (the "Tender Offer").

NSIG Finland has today informed Okmetic that NSIG Finland holds more than nine
tenths (9/10) of all the shares and votes in Okmetic, and as a consequence of
exceeding the relevant ownership threshold, NSIG Finland has the right and
obligation, based on Chapter 18, Section 1 of the Finnish Companies Act, to
redeem the shares held by any other remaining Okmetic shareholders at fair
value. According to Okmetic's shareholder register dated 22 June 2016, NSIG
Finland holds 15,865,701 shares in Okmetic corresponding to approximately 93.98
percent of all the shares and votes in Okmetic, excluding the treasury shares
held by Okmetic. Pursuant to NSIG Finland's notification, when all the
completion trades relating to the Tender Offer have been settled, NSIG Finland
will hold 16,169,894 shares in Okmetic in total, corresponding to approximately
95.79 percent of all the shares and votes in Okmetic, excluding the treasury
shares held by Okmetic.

According to NSIG Finland's notification, NSIG Finland has decided to exercise
its redemption right under the Finnish Companies Act and to redeem all shares
held by any other remaining shareholders in Okmetic (the "Shares" and each of
them separately, a "Share"). According to NSIG Finland's notification:

  * Pursuant to NSIG Finland's claim based on the redemption right, the
    redemption price for the Shares is EUR 9.20 per Share ("Redemption Price")
    which is the same price as the consideration paid by NSIG Finland in the
    Tender Offer. By virtue of the Tender Offer, NSIG Finland has gained
    ownership to more than 93 percent of all the shares and votes in Okmetic
    (excluding the treasury shares held by Okmetic), and thus increased its
    holding over the nine tenths (9/10) threshold of all the shares and votes in
    Okmetic. Accordingly, pursuant to NSIG Finland's claim, the Redemption Price
    of EUR 9.20 per Share shall be considered as the fair value of the Shares in
    accordance with the Finnish Companies Act.

  * Possible transfer tax collected in Finland deriving from the redemption of
    the Shares as well as the payments and charges arising from the book-entry
    registrations carried out as a consequence of the redemption will be borne
    by NSIG Finland.

  * Background to NSIG Finland's redemption notification and claim and the
    consideration offered in the Tender Offer can be found in the Tender Offer
    Document, dated 21 April 2016, which is available in Finnish at the office
    of NSIG Finland and on the internet at
    www.okmetic.com/fi/sijoittajat/ostotarjous, and in English on the internet
    at www.okmetic.com/investors/tender-offer.

  * To effectuate the redemption of the Shares, NSIG Finland will initiate
    arbitration proceedings as provided in the Finnish Companies Act.


OKMETIC OYJ

Board of Directors

For further information, please contact:

Chairman of the Board Jan Lång
Phone: +358 40 5087223, e-mail: janove.lang@outlook.com

President Kai Seikku
Phone: +358 9 5028 0232, e-mail: kai.seikku@okmetic.com

INFORMATION REGARDING OKMETIC OYJ

Established in 1985, Okmetic is one of the leading specialty silicon wafers
producers and suppliers globally with a production plant in Vantaa, Finland, and
contract manufacturers in China and Japan. The Company has sales offices in
Japan, Hong Kong and the United States as well as a diverse network of agents,
serving customers in China, South Korea, Malaysia, Singapore, Taiwan and the
United States. The tailored, high value-added silicon wafers of Okmetic are used
in the manufacture of sensors as well as discrete semiconductors and analog
circuits. Okmetic is listed on the official list of Nasdaq Helsinki (trading
code OKM1V).

Okmetic's head office is located in Vantaa. For more information visit
www.okmetic.com.

INFORMATION REGARDING NSIG

NSIG is a limited liability company organized under the PRC laws. The registered
office of NSIG is in Shanghai, China.

Established in 2015, NSIG is a China-based holding group that is engaged in the
investment and development of semiconductor materials and equipment industry
with a registered capital of RMB 2 billion (approximately EUR 272 million).
NSIG's mission is to establish a major industrial player in the global
semiconductor sector (especially silicon and its ecosystems) through both PRC
domestic investments and outbound mergers and acquisitions.

DISCLAIMER

THIS RELEASE IS FOR GENERAL INFORMATION ONLY AND DOES NOT CONSTITUTE OR FORM
PART OF ANY OFFER TO PURCHASE, OR ANY SOLICITATION OF AN OFFER TO SELL OR ANY
INVITATION TO PARTICIPATE. INVESTORS MAY ACCEPT THE TENDER OFFER FOR THE SHARES
AND OPTION RIGHTS ONLY ON THE BASIS OF THE INFORMATION PROVIDED IN A TENDER
OFFER DOCUMENT.

THE TENDER OFFER FOR THE SHARES AND OPTION RIGHTS IS NOT BEING AND WILL NOT BE
MADE DIRECTLY OR INDIRECTLY IN ANY JURISDICTION WHERE THE MAKING OF SUCH AN
OFFER OR PARTICIPATION THEREIN IS PROHIBITED BY APPLICABLE LAW OR WHICH WOULD
REQUIRE FURTHER OFFER DOCUMENTS, REGISTRATION OR OTHER MEASURES IN ADDITION TO
THOSE REQUIRED UNDER FINNISH LAW.

ACCORDINGLY, THE TENDER OFFER DOCUMENT AND RELATED ACCEPTANCE FORMS WILL NOT AND
MAY NOT BE DISTRIBUTED, FORWARDED OR TRANSMITTED INTO OR FROM ANY JURISDICTION
WHERE PROHIBITED BY APPLICABLE LAW OR WHICH WOULD REQUIRE FURTHER OFFER
DOCUMENTS, REGISTRATION OR OTHER MEASURES IN ADDITION TO THOSE REQUIRED UNDER
FINNISH LAW. IN PARTICULAR, THE TENDER OFFER FOR THE SHARES AND OPTION RIGHTS IS
NOT BEING AND WILL NOT BE MADE, DIRECTLY OR INDIRECTLY, IN OR INTO, OR BY USE OF
THE POSTAL SERVICE OF, OR BY ANY MEANS OR INSTRUMENTALITY (INCLUDING, WITHOUT
LIMITATION, FACSIMILE TRANSMISSION, TELEX, TELEPHONE, E-,MAIL OR OTHER FORMS OF
ELECTRONIC COMMUNICATION) OF INTERSTATE OR FOREIGN COMMERCE OF, OR ANY
FACILITIES OF A NATIONAL SECURITIES EXCHANGE OF, THE UNITED STATES, CANADA,
JAPAN, AUSTRALIA, SOUTH AFRICA OR HONG KONG, AND MAY NOT BE ACCEPTED BY ANY SUCH
USE, MEANS, INSTRUMENTALITY OR FACILITY FROM OR WITHIN THE UNITED STATES,
CANADA, JAPAN, AUSTRALIA, SOUTH AFRICA OR HONG KONG OR BY PERSONS LOCATED OR
RESIDENT THEREIN, OR PERSONS (INCLUDING AGENTS, FIDUCIARIES OR OTHER
INTERMEDIARIES) ACTING FOR THE ACCOUNT OR BENEFIT OF PERSONS LOCATED OR RESIDENT
THEREIN. ANY PURPORTED ACCEPTANCE OF THE TENDER OFFER FOR THE SHARES AND OPTION
RIGHTS RESULTING DIRECTLY OR INDIRECTLY FROM A VIOLATION OF THESE RESTRICTIONS
WILL BE INVALID.

THE COMMUNICATION OF THIS ANNOUNCEMENT, THE TENDER OFFER DOCUMENT WHEN AVAILABLE
AND ANY OTHER DOCUMENTS OR MATERIALS RELATING TO THE TENDER OFFER IS NOT BEING
MADE AND SUCH DOCUMENTS AND/OR MATERIALS HAVE NOT BEEN APPROVED BY AN AUTHORISED
PERSON FOR THE PURPOSES OF SECTION 21 OF THE FINANCIAL SERVICES AND MARKETS ACT
2000 OF THE UNITED KINGDOM. ACCORDINGLY, SUCH DOCUMENTS AND/OR MATERIALS ARE NOT
BEING DISTRIBUTED TO, AND MUST NOT BE PASSED ON TO, THE GENERAL PUBLIC IN THE
UNITED KINGDOM. THE COMMUNICATION OF SUCH DOCUMENTS AND/OR MATERIALS AS A
FINANCIAL PROMOTION IS ONLY BEING MADE TO THOSE PERSONS IN THE UNITED KINGDOM
FALLING WITHIN THE DEFINITION OF INVESTMENT PROFESSIONALS (AS DEFINED IN ARTICLE
19(5) OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER
2005 (THE "FINANCIAL PROMOTION ORDER")) OR PERSONS WHO ARE WITHIN ARTICLE 43 OF
THE FINANCIAL PROMOTION ORDER OR ANY OTHER PERSONS TO WHOM IT MAY OTHERWISE
LAWFULLY BE MADE UNDER THE FINANCIAL PROMOTION ORDER.

UBS Limited is authorised by the Prudential Regulation Authority and regulated
by the Financial Conduct Authority and the Prudential Regulation Authority in
the United Kingdom. UBS Limited is acting as financial adviser to Okmetic and no
one else in connection with the Tender Offer and will not be responsible to
anyone other than Okmetic for providing the protections offered to clients of
UBS Limited nor for providing advice in connection with the Tender Offer.




[HUG#2022762]

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OKME2515_redemption right.pdf