Tokmanni Group Oyj - Inside information

Tokmanni Group Corporation: Rautiainen and Kesko have reached an agreement in non-competition matter

Tokmanni Group Corporation                      Company Announcement
20.12.2017      at 15.00 EET



Rautiainen and Kesko have reached an agreement in non-competition matter


Tokmanni has been made aware that Kesko Group and Mika Rautiainen have reached
an agreement regarding their non-competition clause dispute. According to the
agreement, deviating from what has been earlier announced,  Mika Rautiainen will
take up his position as Tokmanni Group's CEO as of 1 June 2018. As previously
announced, Harri Sivula will continue as interim CEO until Mika Rautiainen takes
up his position.


Tokmanni Group Corporation

Board of Directors


For further information, please contact:

Harri Sivula
Chairman of the Board, Interim CEO
Tel. +358 50 656 92
Harri.sivula@tokmanni.fi

Joséphine Mickwitz
Head of IR and Communications
Tel. +358 400 784 889
josephine.mickwitz@tokmanni.fi


Tokmanni in brief
Tokmanni is the largest general discount retailer in Finland measured by number
of stores and revenue. In 2016, Tokmanni's revenue was EUR 776 million and on
average it had approximately 3,200 employees. Tokmanni is the only nationwide
general discount retailer in Finland, with 162 stores across Finland as at 31
December 2016.

Distribution:
Nasdaq Helsinki Ltd
Main news media





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