Panostaja Oyj - Company Announcement

CORPORATE RESTRUCTURING OF PANOSTAJA OYJ’S DIGITAL PRINTING SERVICES SEGMENT COMPLETED

Panostaja Oyj        Stock Exchange Bulletin, June 11, 2015, 14:00

CORPORATE RESTRUCTURING OF PANOSTAJA OYJ'S DIGITAL PRINTING SERVICES SEGMENT
COMPLETED 


The merging of Digiprint Finland Oy and Multiprint Group Oy has been completed
today. The merger was carried out through an arrangement whereby the share
capitals of both Digiprint Finland Oy and Multiprint Group Oy were sold to the
newly founded Digiprint Finland Group Oy. 

Panostaja Oyj received as purchase price some MEUR 32 in Digiprint Finland Oy
shares and reinvested some MEUR 24.6 in Digiprint Finland Group Oy. Within the
Panostaja Group, the arrangement has no impact on profit/loss, because
Panostaja Oyj keeps a controlling interest in Digiprint Finland Group Oy, with
a share of ownership in Digiprint Finland Group Oy of some 51.9%. The other
owners are the Turun Metsänkävijät ry scout troop with a share of ownership of
some 16% and mainly the company's executive management. 

New result management:

Panostaja specifies its result management with regard to net sales and EBIT.
The Group's comparable net sales in the 2015 financial period are expected to
be some 19−23% greater than in the 2014 financial period (MEUR 121.1). The
Group's comparable EBIT is expected to be on the same level as or lower than in
the 2014 financial period (MEUR 8.1). The EBIT estimated includes an estimated
MEUR 2.5 in costs incurred by the merger of Digiprint Finland Oy and Multiprint
Group Oy. The divestment of the Safety segment from the Group has been taken
into account in result management, although this still requires approval by the
competition authorities for the deal. 

The previous result management on June 4, 2015:

The Group's comparable net sales in the 2015 financial period are expected to
be greater than in the 2014 financial period (MEUR 121.1). The Group's
comparable EBIT is expected to be on the same level as in the 2014 financial
period (MEUR 8.1). Result management has not taken into account the effect of
the merger of Digiprint Finland Oy and Multiprint Group Oy announced on May 19,
2015, because the final schedule for that arrangement is still open. The final
implementation of the arrangement will be reported separately. The divestment
of the Safety segment from the Group has been taken into account in result
management, although this still requires approval by the competition
authorities for the deal. 

ON BEHALF OF PANOSTAJA OYJ'S BOARD OF DIRECTORS

Juha Sarsama

CEO

Further information: Juha Sarsama +358 40 774 2099



Panostaja is an investment company developing Finnish SMEs in the role of an
active majority shareholder. The company aims to be the most sought-after
partner for business owners selling their companies as well as for the best
managers and investors. Together with its partners, Panostaja increases the
Group's shareholder value and creates Finnish success stories. After the Flexim
transaction, Panostaja operates in eight business segments, and Panostaja Group
employs some 1,300 staff. Panostaja's shares (PNA1V) are quoted on the NASDAQ
OMX Helsinki Stock Exchange. In the 2014 financial period, the Group's official
net sales totaled MEUR 154.8. 

www.panostaja.fi