DNA Oyj - Company Announcement

DNA Plc's public and personnel offering have been discontinued due to oversubscription

DNA OYJ STOCK EXCHANGE RELEASE 24 NOVEMBER 2016, 4:00 p.m. EET

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN,
NEW ZEALAND, SOUTH AFRICA OR SINGAPORE OR ANY OTHER JURISDICTION IN WHICH THE
RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

This document is an announcement and not a prospectus for the purposes of
applicable measures implementing EU Directive 2003/71/EC as amended (such
Directive, together with any applicable implementing measures of the relevant
Member State under such Directive, the "Prospectus Directive") and as such does
not constitute an offer to sell or the solicitation of an offer to purchase
securities. A prospectus has been prepared pursuant to the Prospectus Directive
in connection with the listing of the Company's shares on Nasdaq Helsinki Ltd.
Investors should not subscribe for, or purchase, any securities referred to in
this release except on the basis of the information in the prospectus.

DNA Oyj's (the "Company") offering to private individuals and entities in
Finland (the "Public Offering") and personnel offering to the Company's
personnel (the "Personnel Offering") have been oversubscribed, and the Company's
Board of Directors and the institutional sellers (Finda Oy and PHP Holding Oy)
have, therefore, decided to discontinue the subscription period for the Public
and Personnel Offering in accordance with the terms and conditions of the
offering today, 24 November 2016 at 4:00 p.m. EET. The institutional offering
continues in accordance with the terms and conditions of the offering.

Further enquiries
Jukka Leinonen, CEO, DNA Oyj, tel. +358 44 044 1000, jukka.leinonen@dna.fi
DNA Corporate Communications, tel. +358 44 044 8000, communications@dna.fi

Disclaimer
The information contained herein does 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 jurisdiction.

This document is not an offer for sale nor a solicitation of an offer to buy any
securities in the United States (including any of its states, its territories
and possessions and the District of Columbia). These materials are not for
distribution, directly or indirectly, in or into the United States. The
securities referred to herein (the "Securities") have not been and will not be
registered under the U.S. Securities Act of 1933, as amended (the "Securities
Act") or the laws of any state of the United States. Consequently, the
Securities may not be offered, sold, pledged or otherwise transferred directly
or indirectly in or into the United States except in accordance with the
registration requirements of the Securities Act or an exemption therefrom. No
public offering of the Securities is being made in the United States.

This document is an announcement and not a prospectus for the purposes of
applicable measures implementing EU Directive 2003/71/EC as amended (such
Directive, together with any applicable implementing measures of the relevant
Member State under such Directive, the "Prospectus Directive") and as such does
not constitute an offer to sell or the solicitation of an offer to purchase
securities. Investors should not subscribe for, or purchase, any securities
referred to in this document except on the basis of the information in the
prospectus, prepared pursuant to the Prospectus Directive, in connection with
the proposed listing of ordinary shares in the share capital of the Company on
Nasdaq Helsinki Ltd (the "Prospectus").

A prospectus prepared pursuant to the Prospectus Directive and the Finnish
Securities Markets Act (746/2012, as amended) on the public offering of
securities and the admission of securities to trading on a regulated market (the
"Prospectus Law") has been made available in accordance with the requirements of
the Prospectus Directive and the Prospectus Law in Finland and can be obtained
from the Company and other places indicated in the Prospectus.

The securities referred to herein are not and will not be publicly offered, sold
or registered, in any jurisdiction other than Finland. Any offer of securities
to the public that may be deemed to be made pursuant to this communication in
any EEA Member State other than Finland is addressed solely to qualified
investors (within the meaning of the Prospectus Directive) in that Member State.

The joint global coordinators and the joint bookrunners are each acting
exclusively for the Company and for no-one else in connection with any
transaction mentioned in this announcement and will not regard any other person
(whether or not a recipient of this announcement) as a client in relation to any
such transaction and will not be responsible to any other person for providing
the protections afforded to their respective clients, or for advising any such
person on the contents of this announcement or in connection with any
transaction referred to in this announcement. The contents of this announcement
have not been verified by the joint global coordinators or joint bookrunners.

This announcement does not constitute a recommendation concerning the offering.
The price and value of securities and any income from them can go down as well
as up. Past performance is not a guide to future performance. Information in
this announcement or any of the documents relating to the offering cannot be
relied upon as a guide to future performance. There is no guarantee that the
listing on the Helsinki Stock Exchange will occur and you should not base your
financial decisions on the Company's intentions in relation to the listing at
this stage. Potential investors should consult a professional advisor as to the
suitability of the offering for the entity concerned.

Each of the joint global coordinators and joint bookrunners and any of their
respective affiliates, acting as investors for their own accounts, may purchase
shares and in that capacity may retain, purchase, sell, offer to sell or
otherwise deal for their own accounts in such shares and other securities of the
Company or related investments in connection with the offering or otherwise.
Accordingly, references in the final prospectus, to the shares being offered,
acquired, sold, placed or otherwise dealt in should be read as including any
offer, sale, acquisition, placing or dealing in the shares by any of the joint
global coordinators and joint bookrunners and any of their affiliates acting as
investors for their own accounts. In addition, certain of the joint global
coordinators or joint bookrunners or their affiliates may enter into financing
arrangements and swaps in connection with which they or their affiliates may
from time to time acquire, hold or dispose of shares. None of the joint global
coordinators or joint bookrunners intends to disclose the extent of any such
investment or transaction otherwise than in accordance with any legal or
regulatory obligations to do so.

No representation or warranty, express or implied, is given by or on behalf of
the joint global coordinators or joint bookrunners or any of their respective
subsidiaries, affiliates, agents or advisers or any of such persons' affiliates,
directors, officers or employees or any other person as to the fairness, truth,
accuracy, completeness or verification of the information or the opinions
contained in this announcement (or whether any information has been omitted from
the announcement) or any other information relating to the Company, its
subsidiaries or associated companies, whether written, oral or in a visual or
electronic form, and howsoever transmitted or made available, and no liability
is accepted for any such information, omissions or opinions. Each of the joint
global coordinators and joint bookrunners or any of their respective
subsidiaries, affiliates, agents or advisers or any of such persons' affiliates,
directors, officers or employees or any other person disclaim any and all
responsibility and liability whatsoever, whether arising in tort, contract or
otherwise, for any errors, omissions or inaccuracies in such information or
opinions or for any loss, cost or damage suffered or incurred howsoever arising,
directly or indirectly, from any use of this announcement or its contents or
otherwise in connection with this announcement.

Lazard, which is authorised and regulated by FCA, is acting exclusively for the
Company and no one else in connection with the offering and will not regard any
other person as its client in relation to the offering and will not be
responsible to anyone other than the Company for providing the protections
afforded to its clients or for giving advice in relation to the proposed
offering or the contents of this announcement or any transaction, arrangement or
other matter referred to herein.

This communication does not constitute an offer of the Securities to the public
in the United Kingdom. No prospectus has been or will be approved in the United
Kingdom in respect of the Securities. This communication is being distributed to
and is directed only at (i) persons who are outside the United Kingdom or (ii)
persons who are investment professionals within the meaning of Article 19(5) of
the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005
(the "Order") and (iii) high net worth entities, and other persons to whom it
may lawfully be communicated, falling within Article 49(2)(a) to (d) 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.

Shares in the Company have not been and will not be registered under the
applicable securities laws of Australia, Canada, Hong Kong, Japan, New Zealand,
South Africa or Singapore and, subject to certain exceptions, may not be offered
or sold within Australia, Canada, Hong Kong, Japan, New Zealand, South Africa or
Singapore or to, or for the account or benefit of, citizens or residents of
Australia, Canada, Hong Kong, Japan, New Zealand, South Africa or Singapore
except under circumstances which will result in full compliance with the
applicable laws and regulations promulgated by the relevant regulatory
authorities in effect at the relevant time.

Forward looking statements
Certain statements in this stock exchange release are not historical facts and
are "forward looking" within the meaning of Section 27A of the U.S. Securities
Act and 2(1)(e) of the U.S. Securities Exchange Act of 1934. Forward looking
statements include statements concerning our plans, expectations, projections,
objectives, targets, goals, strategies, future events, future revenues or
performance, capital expenditures, financing needs, plans or intentions relating
to acquisitions, our competitive strengths and weaknesses, plans or goals
relating to financial position, future operations and development, our business
strategy and the trends we anticipate in the industries and the political and
legal environment in which we operate and other information that is not
historical information, such as the contemplated IPO and listing, preliminary
price range of the IPO or potential stabilization measures. In some instances,
they can be identified by the use of forward-looking terminology, including the
terms "believes", "intends", "may", "will" or "should" or, in each case, their
negative or variations on comparable terminology. By their very nature, forward
looking statements involve inherent risks, uncertainties and assumptions, both
general and specific, and risks exist that the predictions, forecasts,
projections and other forward looking statements will not be achieved. Given
these risks, uncertainties and assumptions, you are cautioned not to place undue
reliance on such forward looking statements. Any forward looking statements
contained herein speak only as at the date of this document. Save as required by
law, the Company, the joint global coordinators or the joint bookrunners do not
intend and do not assume any obligation, to update any forward looking statement
contained herein.

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