The rescinding of cross-shareholding between Apetit Kala Oy and Taimen Oy completed

Finalizing the transaction announced on 9 April 2015, Apetit Plc, Apetit Kala Oy and the principal owners of Taimen Oy have today completed the rescinding of the cross-shareholding between Apetit Kala Oy and Taimen Oy. The deal is carried out in the form of a change in holdings, without any cash compensation. Under the agreement, Taimen’s 30 per cent holding in Apetit Kala is terminated and Apetit Kala’s 30 per cent holding in Taimen is reduced to 23.7 per cent.

On 29 April 2015, Apetit issued a stock exchange release on Finnish Competition and Consumer Authority (FCCA) approval of the transaction. Completing the transaction will result in an income of EUR 0.7 million recognised in the second quarter.

Apetit Plc

Juha Vanhainen
CEO             

For more information:
Eero Kinnunen, CFO, Apetit Plc, tel. +358 10 402 4025

Distribution:
Nasdaq Helsinki
Main media
www.apetitgroup.fi

Delicious wellbeing.  Apetit Plc is a Finnish food company whose mission is to offer delightfully satisfying flavours and service experiences. We are well known for our frozen vegetables and frozen ready meals, fresh fish and fish products, ready-to-use fresh fruit and vegetable products and grains and vegetable oils. The Group’s shares are quoted in Nasdaq Helsinki. In 2014 our net sales was EUR 385 million and our average number of personnel was 723. www.apetitgroup.fi