Robit Oyj - Other information disclosed according to the rules of the Exchange

ROBIT PLC INTENDS TO OFFER UP TO 5,000,000 NEW SHARES TO INSTITUTIONAL AND OTHER SELECTED INVESTORS IN AN ACCELERATED BOOK-BUILT OFFERING

ROBIT PLC STOCK EXCHANGE RELEASE 23 MAY 2017 AT 6.30 P.M.

ROBIT PLC INTENDS TO OFFER UP TO 5,000,000 NEW SHARES TO INSTITUTIONAL AND OTHER
SELECTED INVESTORS IN AN ACCELERATED BOOK-BUILT 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

Robit  Plc  ("Robit"  or  the  "Company")  intends  to offer preliminarily up to
5,000,000 new  shares in the  Company (the "Offer  Shares") to institutional and
potential  other  selected  investors  in  an  accelerated  book-built  offering
deviating   from   the   shareholders   pre-emptive   subscription  rights  (the
"Offering"). The final number of Offer Shares offered and the price at which the
Offer  Shares are to be offered will be decided by the Board of Directors of the
Company  at the close of the book-building process. The Offering will be carried
out based on the authorisation given by Robit's Extraordinary General Meeting to
the Board of Directors on 20 April 2017. The final number of Offer Shares issued
in  the Offering may  be higher than  the planned preliminary  maximum number of
Offer  Shares. In connection  with the Offering,  the largest shareholder of the
Company, Five Alliance Oy, intends to offer preliminarily up to 2,000,000 shares
in  the Company for sale  to investors (the "Sale  Shares"). Five Alliance Oy is
controlled by Mr. Harri Sjöholm, the Chairman of the Board of Directors.
The  Offering  is  being  conducted,  subject  to  the  satisfaction  of certain
conditions, as an accelerated book-building process carried out by Skandinaviska
Enskilda  Banken  AB  (publ),  Helsinki  Branch  ("SEB")  to  institutional  and
potential  other selected investors. The number of the Offer Shares to be issued
and  the price of the Offer Shares and  Sale Shares will be announced as soon as
practicable  after the close of the book-building process. Delivery of the Offer
Shares  and Sale  Shares is  expected to  take place  on the second business day
after the announcement of the pricing information of the Offering.
The Offer Shares will entitle their holders to shareholder rights, including the
right to receive full dividends declared by the Company, if any, after the Offer
Shares  have been  registered in  the Trade  Register maintained  by the Finnish
Patent and Registration Office, expected to take place on or about 26 May 2017.
The Company intends to make as soon as practicably possible after the completion
of  the Offering  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 Offering  is completed, 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 with similar terms to that of the Company for
a period ending 360 days after the closing of the Offering.
Reasons for the Offering and Use of Proceeds
The objective of the Offering is to support the Company's global growth strategy
with  the proceeds received from  the Offering. The Offering  and the share sale
also  serve  to  increase  the  amount  of  institutional  shareholders  and the
investors' interest towards the Company as well as increase the liquidity of the
shares  of the Company.  According to the  estimation of the  Company's Board of
Directors,  the  Company  has  weighty  financial  reasons  to  deviate from the
shareholders' pre-emptive subscription right because by offering the Shares to a
selected  group of institutional and potential other investors it is possible to
receive  a  significant  amount  of  new  financing  needed by the Company in an
accelerated time schedule as equity financing with the terms which are estimated
to  be beneficial to the Company, and which,  in the view of the Company's Board
of Directors, would not be otherwise available to the Company.
The  Company aims to use the proceeds from the Offering to support the growth of
its  existing  business  and  the  Company's  global  growth  strategy,  i.e. to
investments  in  developing  the  existing  business operations and to potential
business acquisitions.
The  proceeds from the Offering are intended to be used to support the growth of
the existing business as follows, among other things:
  * Investments in the Company's existing or potential new product facilities,
    which enable increasing the automation level of the production, maintaining
    and improving the quality and development of the product offering
  * Investments in developing the Company's digital business further as well as
    in other research and product development and intellectual property rights

The  objective of  the Company  is also  to use  a material part of the proceeds
received  from the  Offering for  potential acquisitions.  By means of corporate
acquisitions,  the Company seeks to expand its product or production technology,
reinforce  its distribution network in  existing or new markets,  as well to add
complement  its product offering. Potential  corporate acquisitions are examined
in the drilling consumables industry. However, the Company cannot guarantee that
it  is  able  to  realise  acquisitions  with  terms that are acceptable for the
Company.
The Offering will be managed by Skandinaviska Enskilda Banken AB (publ),
Helsinki Branch as the Sole Lead Manager and Bookrunner. Borenius Attorneys Ltd
is acting as legal advisor to the Company in the Offering.

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

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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