CapMan - Changes board/management/auditors

Joakim Frimodig to become Interim CEO and Deputy CEO

CapMan Plc Stock Exchange Release               4 May 2017 at 11.32 a.m. EEST

Joakim Frimodig to become Interim CEO and Deputy CEO

Joakim Frimodig, member of CapMan's Management Group, has been appointed CapMan
Plc's Interim CEO as of 4 May 2017. He will become Deputy CEO following the
appointment of a full-time CEO. Heikki Westerlund informed in March that he will
step down as CEO.

"CapMan has significant ongoing growth and development projects, for example
infrastructure and growth investments, which require full attention and
sufficient management resources. The role of the Interim CEO is to lead and
develop the company with purpose also throughout the ongoing recruitment process
for a full-time CEO. Joakim has been involved in building CapMan's next growth
phase and is therefore the right person to execute an already well-honed
strategy," says Andreas Tallberg, Chairman of CapMan's Board of Directors.

Frimodig (1978, BA, Oxon) has been responsible for strategic growth initiatives
at CapMan since April 2016. He joined CapMan from Summa Capital, where he worked
since 2004, most recently as Deputy Managing Partner. Prior to that, he served
as an advisor for Alfred Berg and ABN Amro Corporate Finance. He has advised
numerous Finnish and international companies in M&A and financing transactions
over the course of his career.

"Over the past year, I have assumed more responsibility for creating and
executing CapMan's strategy and as Interim CEO I can continue this work. As a
listed company, CapMan is strong and I have a clear vision of the direction in
which I would like to develop the company together with our capable team,"
comments Joakim Frimodig, CapMan's new Interim CEO.

Additional information:
Andreas Tallberg, Chairman of the Board of Directors, CapMan Plc, tel.
+358 40 700 2252
Joakim Frimodig, Interim CEO, CapMan Plc, tel. +358 50 529 0665

CAPMAN PLC
BOARD OF DIRECTORS

DISTRIBUTION
Nasdaq Helsinki Ltd
Principal media
www.capman.com



CapMan Plc
www.capman.com

CapMan is a leading Nordic investment and specialised asset management company.
As one of the Nordic private equity pioneers we have actively developed hundreds
of companies and real estate and thereby created substantial value in these
businesses and assets over the last 25 years. CapMan has today 100 private
equity professionals and manages €2.8 billion in assets. We mainly manage the
assets of our customers, the investors, but also make direct investments from
our own balance sheet in areas without an active fund. Our objective is to
provide attractive returns and innovative solutions to investors and value
adding services to professional investment partnerships, growth-oriented
companies and tenants. Our current investment strategies cover Buyout, Growth
Equity, Real Estate, Russia, Credit, Infrastructure and Tactical Opportunities.
We also have a growing service business that currently includes fundraising
advisory, procurement activities and fund management.


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