Restamax Oyj - Major shareholder announcements

Restamax Plc: FLAGGING NOTIFICATION IN ACCORDANCE WITH CHAPTER 9, SECTION 10 OF THE FINNISH SECURITIES MARKETS ACT

Restamax Plc

STOCK EXCHANGE RELEASE 2 January 2018 at 17:00

FLAGGING NOTIFICATION IN ACCORDANCE WITH CHAPTER 9, SECTION 10 OF THE FINNISH
SECURITIES MARKETS ACT

Restamax Plc (Business ID 1952494-7) has on 31 December 2017 received from Laine
Capital Oy (Business ID 2768455-3) a notification of major shareholding under
Section 9(5) of the Securities Markets Act.

According to the flagging notification, Mr Max Oy, 100% owned by Timo Laine, has
on 31 December 2017 merged with Laine Capital Oy, which is 100% owned by Timo
Laine, as a result of which the Restamax Plc shares (1,573,964 shares)
previously owned by Mr Max Oy have transferred as universal succession to Laine
Capital Oy.

The holding of Laine Capital Oy as described in the notification:

+-----------------+-----------+----------------+---------------+---------------+
|                 |% of shares|% of shares and |Total          |Total number of|
|                 |and votes  |votes through   |percentage     |shares and     |
|                 |           |financial       |               |votes of target|
|                 |           |instruments     |               |company        |
+-----------------+-----------+----------------+---------------+---------------+
|Share after      |28.27      |0               |28.27          |16,619,620     |
|reaching or      |           |                |               |               |
|breaking         |           |                |               |               |
|the flagging     |           |                |               |               |
|threshold        |           |                |               |               |
+-----------------+-----------+----------------+---------------+---------------+
|Share            |25.31      |0               |25.31          |               |
|communicated in  |           |                |               |               |
|the previous     |           |                |               |               |
|notification of  |           |                |               |               |
|major            |           |                |               |               |
|shareholding     |           |                |               |               |
|(if flagged)     |           |                |               |               |
+-----------------+-----------+----------------+---------------+---------------+

Information on holdings and proportion of voting rights after breaking the
flagging threshold:

A: Shares and votes
+-------------------+------------------------------+---------------------------+
|Shares series /    |Number of shares and votes    |Percentage of shares and   |
|share type         |                              |votes                      |
+-------------------+-------------+----------------+------------+--------------+
|                   |Direct (SMA  |Indirect (SMA   |Direct (SMA |Indirect (SMA |
|                   |9(5))        |9(6) and 9(7))  |9(5))       |9(6) and 9(7))|
+-------------------+-------------+----------------+------------+--------------+
|FI4000064332       |88,780       |4,609,964       |0.53        |27.74         |
+-------------------+-------------+----------------+------------+--------------+
|A Total            |4,698,744                     |28.27                      |
+-------------------+------------------------------+---------------------------+

Information in relation to the person subject to the notification obligation:

Full chain of controlled undertakings through which the shares, voting rights or
the financial instruments are effectively managed starting with the ultimate
controlling natural person or legal entity:

+----------------+----------------------------+--------------------------------+
|Name            |% of shares and voting      |Shares, voting rights and       |
|                |rights                      |financial instruments in total  |
+----------------+----------------------------+--------------------------------+
|Timo Laine      |0.53                        |0.53                            |
+----------------+----------------------------+--------------------------------+
|Laine Capital Oy|27.74                       |27.74                           |
+----------------+----------------------------+--------------------------------+

Restamax Plc's share capital consists of 16,619,620 shares and votes. Restamax
Plc has one series of shares, and each share carries one vote.

Additional information:
Jarno Suominen, CFO, Restamax Plc, tel. +358 40 721 5655

Distribution:
NASDAQ Helsinki
Major media
www.restamax.fi

Restamax Plc is a Finnish restaurant business and labour hire services group
established in 1996. The company, which was listed on NASDAQ Helsinki in 2013
and became the first Finnish listed restaurant company, has continued to grow
strongly throughout its history. The Group companies include more than 130
restaurants, nightclubs and entertainment centres all over Finland. Well-known
restaurant concepts of the Group include Stefan's Steakhouse, Viihdemaailma
Ilona, Classic American Diner and Colorado Bar & Grill. In 2016, Restamax Plc's
turnover was MEUR 130.1 and EBITDA MEUR 19.4. Depending on the season, the Group
employs some 2,000 persons, converted into full-time employees. Restamax
subsidiary Smile Henkilöstöpalvelut Oy employs approximately 8,000 people on a
monthly basis.

Restamax company website: www.restamax.fi, Restamax consumer website:
www.ravintola.fi, Smile Henkilöstöpalvelut: www.smilepalvelut.fi

[]