Restamax Plc summoned to Market Court

Restamax Plc
STOCK EXCHANGE RELEASE 31 January 2014, 12:00

Restamax Plc summoned to Market Court

Restamax Plc has been served notice of a lawsuit by which it has been summoned to Market Court. The plaintiff in the case is Hansamix Oy from Kemijärvi, which claims that Restamax's Flame restaurant in Tampere has violated a trademark registered to Hansamix. For the violation of the trademark, the plaintiff is demanding EUR 300,000 in compensation and EUR 180,000 in damages, as well as a ban on the use of the Flame name/symbol in business under threat of a EUR 100,000 fine. The plaintiff also alleges that with its Flame restaurant, Restamax is guilty of unfair imitation forbidden under the Unfair Business Practices Act.

The name Flame is no longer in use in Restamax's business. In Restamax's view, the demands set forth by Hansamix Oy are completely groundless in terms of both their justification and amount, and they will be denied in a response given to the Market Court.

For additional information, please contact:
Markku Virtanen, CEO, tel. +358-400 836 477

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

Restamax Plc is a Finnish restaurant group established in 1996. The company has grown rapidly throughout its operating history. The group operates circa 60 restaurants, bars and night clubs across Finland. The company's well-known restaurant concepts include Ristorante Bella Roma, Gringos Locos, Viihdemaailma Ilona, Daddy's Diner and Stefan's Steakhouse. Wayne's Coffee is also a part of the company's portfolio. Restamax Plc has circa 700 employees and the turnover for 2012 amounted to approximately EUR 60 million and EBITDA to approximately EUR 10 million. www.restamax.fi.