Tokmanni Group Oyj - Major shareholder announcements

Tokmanni Group Corporation: Tokmanni Group Corporation - Announcement of a change in shareholding according to Chapter 9, Section 10 of the Finnish Securities Market Act

Tokmanni Group Corporation                  Company Announcement    10 February
2017          10:00 EET

Tokmanni Group Corporation - Announcement of a change in shareholding according
to Chapter 9, Section 10 of the Finnish Securities Market Act

Tokmanni Group Corporation has today received a notification from Cidron Disco
S.à r.l. according to which Cidron's direct holding in the Company has decreased
to 15.21 percent and that Cidron's holding in the Company has fallen below the
threshold of 30 percent on February 9(th) 2017.

Total positions of Cidron:

                                  % of shares and
                    % of shares    voting rights                Total number of
                     and voting  through financial   Total of     shares and
                       rights       instruments     both in %    voting rights
                    (total of A)   (total of B)      (A + B)       of issuer

 Resulting            15.21 %         0.00 %          15.21%      58,868,752
 situation on the
 date on which
 threshold was
 crossed or reached

 Position of          45.78 %         0.00 %         45.78 %
 previous
 notification (if
 applicable)




Notified details of the resulting situation on the date on which the threshold
was crossed or reached:

A: Shares and voting rights

                        Number of shares and voting   % of shares and voting
  Class/type of shares            rights                      rights

 ISIN code (if           Direct       Indirect       Direct       Indirect
 possible)              (SMA 9:5) (SMA 9:6 and 9:7) (SMA 9:5) (SMA 9:6 and 9:7)

 FI4000197934           8,952,301        N/A         15,21 %         N/A




Additional information:

On February 9, 2017, Cidron Disco S.à r.l. ("Cidron", a company ultimately owned
by Nordic Capital VII Alpha, L.P. and Nordic Capital VII Beta, L.P. (for which
Nordic Capital VII Limited acts as General Partner), together with associated
co-investment vehicles) sold part of its shares in Tokmanni Group Corporation
("Tokmanni") in an accelerated book-building process (the "Share Sale"). Cidron
sold 9,000,000 shares in Tokmanni, corresponding to 15.29 percent of all shares
and votes in Tokmanni. Cidron sold more shares than originally planned due to
high demand. The upsized transaction was several times oversubscribed. The sale
price in the Share Sale was EUR 9.00 per share and the gross sales proceeds of
the Share Sale amounted to approximately EUR 81.0 million. After the Share Sale,
Cidron owns 8,952,301 shares in Tokmanni. In connection with the Share Sale,
Cidron has entered into a lock-up undertaking, under which it has, subject to
certain exceptions, agreed not to sell any shares in Tokmanni for period ending
April 26, 2017.


For further information

Joséphine Mickwitz, Head of IR and Communications, tel: +358 20 728 6535

Tokmanni in brief

Tokmanni in brief
Tokmanni is the largest general discount retailer in Finland measured by number
of stores and revenue. In 2016, Tokmanni's revenue was EUR 776 million and on
average it had approximately 3,200 employees. Tokmanni is the only nationwide
general discount retailer in Finland, with 162 stores across Finland as at 31
December 2016.


Distribution:
Nasdaq Helsinki Ltd





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