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Restamax Oyj and Ari Kankaanpää, Heikki Vihinen and Potkan Oy reach agreement in the dispute on the operations of Eiran Musiikkiteatteri Oy

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Restamax Plc

STOCK EXCHANGE RELEASE 30 April 2015, 17:30

Restamax Oyj and Ari Kankaanpää, Heikki Vihinen and Potkan Oy reach agreement in the dispute on the operations of Eiran Musiikkiteatteri Oy

Restamax Oyj and Ari Kankaanpää, Heikki Vihinen and Potkan Oy have on 30 April 2015 signed a conciliation agreement relating to cases L 13/40254, L 13/40255 and L 13/40256, which were pending at Pirkanmaa District Court, concerning the co-operation agreement signed between Restamax Oyj and Potkan Oy, Kankaanpää and Vihinen on 15 September 2012 on the operations of Eiran Musiikkiteatteri Oy.

According to the terms of the conciliation agreement, all parties withdraw their actions and counterclaims and waive the requirements they have presented in the civil cases mentioned above and commit to not presenting any demand to one another concerning or relating to the co-operation agreement in question.

The parties do not make public the other terms and conditions of the conciliation agreement.

This settlement does not have an impact on the result of Restamax Group.

Additional information:
Markku Virtanen, CEO, Restamax Plc, tel. +358 400 836 477
Jarno Suominen, CFO, Restamax Plc, tel. +358 40 721 5655

Distribution:
NASDAQ OMX Helsinki
Major media
www.restamax.fi

Restamax Plc is a Finnish restaurant business group established in 1996 that also offers labour hire services. The company, which listed at NASDAQ OMX Helsinki Oy in 2013 and became the first Finnish listed restaurant company, has continued to grow steadily throughout its history. The Group companies include approximately 100 restaurants, cafés, pubs and nightclubs all over Finland. The Group's well-known restaurant concepts include, among others, the von Trappe restaurants, Bodega Salud, Viihdemaailma Ilona, American Diner, Daddy's Diner, Stefan's Steakhouse, and the Galaxie and Space Bowling & Billiards entertainment centres. Restamax Plc employs between 900 and 1,100 people depending on the season. The turnover for 2014 was MEUR 86.7 and EBITDA MEUR 12.0.

Restamax corporate website www.restamax.fi, Restamax consumer website: www.ravintola.fi

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