Raute to terminate Liquidity Providing agreement

RAUTE CORPORATION STOCK EXCHANGE RELEASE NOVEMBER 14, 2018 AT 12:30 p.m.

RAUTE TO TERMINATE LIQUITY PROVIDING AGREEMENT

Raute Corporation has terminated the Liquidity Providing (LP) agreement it has with Nordea Bank AB. The agreement will expire on December 8, 2018.

Trading on Raute’s series A shares has increased strongly during the recent years, based on which the company has evaluated that there is no more need for a Liquidity Providing agreement.

RAUTE CORPORATION
Tapani Kiiski
President and CEO

FURTHER INFORMATION:
Tapani Kiiski, President and CEO, mobile phone +358 400 814148

DISTRIBUTION:
Nasdaq Helsinki Ltd, main media, www.raute.com

RAUTE IN BRIEF:
Raute is a technology and service company that operates worldwide. Raute’s customers are companies operating in the wood products industry that manufacture veneer, plywood, LVL (Laminated Veneer Lumber) and sawn timber. Its technology offering covers the entire production process for veneer, plywood and LVL and special measurement equipment for sawn timber. As a supplier of mill-scale projects, Raute is a global market leader both in the plywood and LVL industries. Additionally, Raute’s full-service concept includes technology services ranging from spare parts deliveries to regular maintenance and equipment modernizations. Raute’s head office is located in the Nastola area of Lahti, Finland. The company’s other production plants are located in Kajaani, Finland, the Vancouver area of Canada, the Shanghai area of China and in Pullman, Washington, USA. Raute’s net sales in 2017 were EUR 148.1 million. The Group’s headcount at the end of 2017 was 704. More information about the company can be found at www.raute.com.