Func Food Group Oyj – Amortisation on bonds

Func Food Group Oyj (the "Company") today announces that the Company will exercise its right to amortise on its outstanding up to EUR 38,000,000 senior secured callable bond loan with ISIN SE0007186150 (the "Bonds"), governed by the terms and conditions originally dated 25 June 2015 and as amended on 3 February 2017 (the "Terms and Conditions").

Terms defined in the Terms and Conditions have the same meaning in this press release unless given a different meaning herein.

Pursuant to the effects of the written procedure completed on 3 February 2017, the Company will exercise its right to amortise. The amortisation will be made on all outstanding Bonds by way of reducing the Outstanding Nominal Amount of each Bond pro rata with an amount corresponding to the Pre-Funded Earn-Out Amount, in accordance with Clause 10.2.2 (Mandatory amortisation of the Pre-Funded Earn-Out Amount) of the Terms and Conditions.

The amortisation will be made on 1 March 2017 to the Bondholders holding Bonds on the applicable Record Date, being 20 February 2017. The amortisation will be made with a premium of 1 per cent. on the repaid amount (i.e. at 101 per cent.).

For further information, please contact:

Tommi Virtanen, CFO
Telephone: +358 40 590 4040

The information contained in this press release is such information that Func Food Group Oyj is required to publish in accordance with the Swedish Securities Market Act (2007:528) and/or the Swedish Financial Instruments Trading Act (1991:980). The information was submitted for publication on 10 February 2017 at 18:30 CET.