2015-09-30 17:30:00 CEST

2015-09-30 17:30:03 CEST


REGULATED INFORMATION

Finnish English
Apetit Oyj - Company Announcement

Apetit Kala Oy sells its holding in Taimen Oy


Apetit Plc, Stock Exchange Release, 30 September 2015 at 6:30 p.m.

The employee owners of Taimen Oy, whose combined holding in Taimen is 66.8 per
cent, have made an agreement to sell their Taimen shares to a new owner outside
the company. As a consequence, Apetit has decided not to use its right of
redemption but to sell its own 23.7 per cent holding in Taimen to the same
buyer on corresponding terms under the joint sale conditions of the shareholder
agreement. The transaction is expected to be completed in October. 

Apetit will book a non-recurring loss of EUR 3.9 million on the transaction in
the third quarter of the current year for the Food Business. The profit impact
of the associated company Taimen Oy in January-June 2015 was EUR 0.0 million
and correspondingly EUR 0.3 million in full year 2014. 


Apetit Plc

Juha Vanhainen
CEO



Further information:

Juha Vanhainen, CEO, Apetit Plc, tel. +358 10 402 00

Copies to:

Nasdaq Helsinki
Main media
www.apetitgroup.fi

Apetit - Delicious wellbeing. Apetit is a Finnish food company whose mission is
to offer delightfully satisfying flavours and service experiences. Our product
groups cover frozen vegetables and frozen ready meals, fresh fish and fish
products, ready-to-use fruit and vegetable products, and grains and vegetable
oils. The company's shares are listed on Nasdaq Helsinki Ltd. In 2014, the
company's net sales were EUR 385 million and it employed an average of 723
people. www.apetitgroup.fi