2017-05-24 07:30:12 CEST

2017-05-24 07:30:12 CEST


REGULATED INFORMATION

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Robit Oyj - Inside information

COMPLETION AND RESULTS OF ROBIT PLC'S SHARE OFFERING


ROBIT PLC STOCK EXCHANGE RELEASE 24 MAY 2017 AT 8.30 A.M.

COMPLETION AND RESULTS OF ROBIT PLC'S SHARE OFFERING

Not for release, publication or distribution, directly or indirectly, in or into
the United States, Australia, Canada, Hong Kong, South Africa, Singapore, New
Zealand or Japan.

With  reference to the share offering announced on 23 May 2017 (the "Offering"),
Robit  Plc ("Robit" or the "Company") is  pleased to announce that it will issue
5,000,000 new  shares  in  the  Company  (the  "Offer  Shares") to institutional
investors.  The Offering was  conducted as an  accelerated book-building process
carried out by Skandinaviska Enskilda Banken AB (publ), Helsinki Branch ("SEB").
In  connection with the  Offering, the largest  shareholder of the Company, Five
Alliance Oy, will sell 2,000,000 shares of the Company (the "Share Sale").
The  Board of Directors  of Robit approved  on May 24 2017 the subscriptions for
the  Offer Shares. The  Offer Shares were  offered to institutional investors in
deviation   from   the   shareholders   pre-emptive   subscription  rights.  The
subscription  price  was  set  at  EUR  9.90 per Offer Share, amounting to total
proceeds  of EUR 49.5 million before  commissions and expenses. The subscription
price  is 2.9 per cent  higher than the  volume-weighted average price per share
for  the period from the date of the announcement to investigate the transfer to
the  official list of Nasdaq Helsinki[1]. The subscription price is 9.7 per cent
lower than the closing price of EUR 10.96 on 23 May 2017. The subscription price
of  the  Offer  Shares  will  be  recorded into the invested unrestricted equity
reserve of the Company.
The   5,000,000 Offer   Shares   subscribed   in   the  Offering  correspond  to
approximately  31 per  cent  of  all  the  shares  and  voting  rights  in Robit
immediately  prior  to  the  Offering  and  approximately 24 per cent of all the
shares  following the Offering. Following the Offering, the number of issued and
outstanding shares of the Company will be 21,083,900.
The  Offer Shares are expected to be registered in the Trade Register maintained
by  the Finnish Patent and Registration Office on or about 26 May 2017. The ISIN
code  of the shares is FI4000150016. The Offer Shares are expected to be entered
into the book-entry accounts of investors on or about 29 May 2017.
The  Company intends to make as soon  as practicably possible an application for
the  admission into trading of  the Offer Shares on  the official list of Nasdaq
Helsinki Ltd (the "Helsinki Stock Exchange"). Public trading in the Offer Shares
on  the official list of the Helsinki  Stock Exchange is expected to commence on
or  about 29 May  2017, provided that  the Helsinki  Stock Exchange approves the
listing  application  in  respect  of  the  Offer  Shares  and  that the Finnish
Financial  Supervisory Authority approves a listing prospectus in respect of the
Offer  Shares. The Company intends to publish a listing prospectus in respect of
the  Offer Shares  prior to  the Offer  Shares being  admitted to trading on the
official list of the Helsinki Stock Exchange.
In  connection  with  the  Offering,  the  Company  has  entered  into a lock-up
undertaking  under which  it has,  subject to  certain exceptions, agreed not to
issue  and/or sell any shares in the  Company for a period ending 180 days after
the  closing of the Offering. In connection  with the Share Sale, the Seller has
entered  into  a  lock-up  undertaking  for  a  period ending 360 days after the
closing of the Offering.

Chairman of the Board of Directors, Harri Sjöholm comments:
"Robit  is  now  a  Helsinki  Stock  Exchange  main  list  company  with all the
ingredients in place for international growth. Owing to the successful offering,
the  company is even  better prepared to  take on the  next growth phase - Robit
3.0. I  am very satisfied  with the offering  result that provided  Robit with a
highly   qualified   group  of  both  Finnish  and  international  institutional
investors. We look forward to our future journey together with them."

ROBIT PLC
Board of Directors

Additional information:
Harri Sjöholm, Chairman of the Board of Directors
+358 400 622 092
harri.sjoholm@robit.fi

Robit  is  a  strongly  internationalized  growth  company selling and servicing
global   customers   in   drilling   consumables  for  applications  in  mining,
construction  and  contracting,  tunneling  and  well  drilling.  The  company's
offering  is divided into three product and  service range: Top Hammer and Down-
the-Hole  products  as  well  as  Digital  Services.  Robit has 21 own sales and
service   points  as  well  as  active  sales  networks  in  115 countries.  The
manufacturing units are located in Finland, South Korea, Australia, UK and USA.

DISTRIBUTION
Nasdaq Helsinki Ltd
Major Media
www.robitgroup.com

Disclaimer
The  information contained herein shall  not constitute an offer  to sell or the
solicitation  of an offer to buy, nor shall  there be any sale of the securities
referred to herein in any jurisdiction in which such offer, solicitation or sale
would  be  unlawful  prior  to  registration,  exemption  from  registration  or
qualification under the securities laws of any such jurisdiction.
The  information  contained  herein  is  not  for  publication  or distribution,
directly  or indirectly, in  or into the  United States, Australia, Canada, Hong
Kong  or Japan. These written materials do not constitute an offer of securities
for  sale in the United States, nor may the securities be offered or sold in the
United  States absent registration or an exemption from registration as provided
in  the U.S. Securities Act  of 1933, as amended, and  the rules and regulations
thereunder. There is no intention to register any portion of the offering in the
United  States  or  to  conduct  a  public  offering of securities in the United
States.
Members  of  the  public  are  not  eligible  to take part in the offering. This
communication is directed (A) in the European Economic Area, only at persons who
are   qualified   investors  as  defined  in  article  2(1)(e) of  EU  directive
2003/71/EC and  as implemented  in legislation  in each  of the  relevant member
states  and (B) in the  United Kingdom only at  qualified investors who are: (i)
investment  professionals falling within article 19(5) of the Financial Services
and  Markets Act  2000 (Financial Promotion)  order 2005 (the  "Order"), or (ii)
persons  falling within article 49(2) ("high net worth companies, unincorporated
associations, etc") of the Order (all such persons together being referred to as
"relevant persons"). Any investment activity to which this communication relates
will  only be available to and will  only be engaged with, relevant persons. Any
person  who is not a relevant person should  not act or rely on this document or
any of its contents.
Skandinaviska  Enskilda Banken AB (publ), Helsinki  Branch ("SEB") acts only for
and  on behalf of Robit Plc in connection  of the share issue. SEB does not hold
any  other  party  as  its  client  or  cannot  be held accountable to advise or
indemnify  other parties than Robit Plc with regards to the share issue or other
matters referred here to.

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[1] Period from 28 February 2017 to 23 May 2017

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