Restamax Plc: CHANGE IN RESTAMAX PLC'S MANAGEMENT TEAM

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Restamax Plc

STOCK EXCHANGE RELEASE 14 November 2014 at 13:00

CHANGE IN RESTAMAX PLC'S MANAGEMENT TEAM


Topi Hietala, Line Manager and member of Restamax Plc's management team, has departed Restamax as of today. Hietala served the Group from 2008, managing the Group's nightclub business.

We would like to extend our thanks to Hietala for his efforts in the service of Restamax Group, and wish him the best of success in the future.

As of 14 November 2014, the management team of Restamax will include the following people:

Markku Virtanen, CEO
Jarno Suominen, CFO
Perttu Pesonen, Sales and Marketing Manager
Eero Aho, Business Director, Food
Tanja Virtanen, Line Manager, Food
Paul Meli, Line Manager, Clubs and Other Entertainment

Additional information:
Markku Virtanen, CEO, tel. +358 400 836 477
Jarno Suominen, CFO, 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 over 80 restaurants, cafés, pubs and nightclubs all over Finland. Well-known restaurant concepts of the group include, among others, Gringos Locos, Bodega Salud, Viihdemaailma Ilona, Classic American Diner, Daddy's Diner, Stefan's Steakhouse and Wayne's Coffee Finland. Restamax Plc employs approximately 900 people, the Group's pro forma turnover in 2013 was MEUR 87.0 and EBITDA MEUR 13.3.

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

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