Apetit Oyj - Company Announcement

Apetit Plc to buy back Taimen Oy’s holding in Apetit Kala Oy

Apetit Plc, Stock Exchange Release, 9 April 2015 at 1:00 p.m.

Apetit Plc, Apetit Kala Oy and the principal owners of Taimen Oy have agreed to
rescind the corporate transaction completed between Apetit Kala Oy and Taimen
Oy in 2010 and the cross-shareholding specified within it. The deal will be
carried out in the form of a change in holdings, without any cash compensation.
Under the agreement, Taimen's 30 per cent holding in Apetit Kala will be
terminated and Apetit Kala's 30 per cent holding in Taimen will be reduced to
about 23.7 per cent. 

 “The rescinding of this corporate transaction will allow a more simplified
structure in the Apetit Group's Food Business. Being a leading Finnish rainbow
trout farmer, Taimen Oy will remain an important partner for us and will
continue to be an associated company of Apetit,” says Juha Vanhainen, CEO of
Apetit Plc. 

The ownership arrangement is planned for implementation during spring 2015. The
buyback of Apetit Kala Oy shares requires the approval of the Finnish
Competition and Consumer Authority. 



Apetit Plc



Juha Vanhainen
CEO



For more information:
Juha Vanhainen, CEO, Apetit Plc, tel. +358 10 402 00

Distribution:
Nasdaq Helsinki
Main media
www.apetitgroup.fi





Delicious wellbeing.  Apetit Plc is a Finnish food company whose mission is to
offer delightfully satisfying flavours and service experiences. We are well
known for our frozen vegetables and frozen ready meals, fresh fish and fish
products, ready-to-use fresh fruit and vegetable products and grains and
vegetable oils. The Group's shares are quoted in Nasdaq Helsinki. In 2014 our
net sales was EUR 385 million and our average number of personnel was 723.
www.apetitgroup.fi 

Taimen Group is one of the oldest companies in the fish industry in Finland and
the leading actor in the field in Finland and Sweden. The group is specialised
in farming and processing rainbow trout, whitefish, and Saimaa Arctic charr, as
well as fingerling production of lake trout, sea trout, lake salmon, Atlantic
salmon, and Saimaa Arctic charr. Taimen Group has 30 fish processing plants in
mainland Finland, Åland, and Sweden.The overall production of Taimen Group is
about 8 million kg, which comprises of 60% of the total production of rainbow
trout for food in Finland. Taimen Group is the only company in Finland that can
provide fresh fish to wholesalers and further processors throughout the year.