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Restamax Plc: RESTAMAX PLC EXECUTIVE TEAM CHANGE

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Restamax Plc

STOCK EXCHANGE RELEASE 8 AUGUST 2014, 9:00 am

RESTAMAX PLC EXECUTIVE TEAM CHANGE

Eero Aho (born 1978) has been named Restamax Plc's Business Director and member of the Executive Team. Aho will be responsible for the Group's restaurant business and developing it.

Aho has extensive experience of restaurant business management. Aho has worked as Restamax Plc's Product Line Director since the beginning of 2014. Previously, he has worked as Director of Kitchen Operations at Kristina Cruises Oy, among other positions.

"With his new position, we can make great use of Aho's wide experience of the restaurant business in a manner bringing new kind of added value to developing our company. This is how we can further improve our customer-oriented approach and our ability to react to market changes in a more agile manner," says Restamax Plc CEO Markku Virtanen.

Aho will start in his new position and as a member of the Executive Team on 8 August 2014.

From 8 August 2014, Restamax's Executive Team will consist of the following members: 

Markku Virtanen, CEO
Jarno Suominen, CFO
Perttu Pesonen, Sales and Marketing Director
Eero Aho, Business Director, Food
Tanja Virtanen, Product Line Director, Food
Topi Hietala, Product Line Director, Nightclubs and other entertainment
Paul Meli, Product Line Director, Nightclubs and other entertainment

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 Oyj 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's companies include over 80 restaurants and nightclubs all over Finland. Well-known restaurant concepts of the Group include 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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