NoHo Partners Plc, Stock Exchange Release, 4 March 2024 at 17:10 EET

Flagging notification in accordance with chapter 9, section 10 of the Securities Markets Act: PIMU Capital Oy's holding in NoHo Partners

NoHo Partners Plc (Business ID 1952494-7) (the Company) has received a flagging notification on 4 March 2024 in accordance with Chapter 9, Section 5 of the Securities Markets Act, according to which Mikko Aartio's indirect holding of the Company's shares and votes has decreased to under 5 per cent of the shares and votes of NoHo Partners Plc on 4 March 2024. The shares are owned by PIMU Capital Oy, which is controlled by Mikko Aartio.

The flagging announcement was due to the resolution by the Board of Directors of NoHo Partners Plc on a directed share issue without payment to the CEO of the company and to the deputy of the CEO in order to pay the delayed earned reward for the third earning period that ended on 31 March 2023 of the long-term share-based incentive plan. As a result of the share issue, the total number of NoHo Partners Plc's shares increased to 21 009 715 when the new shares were registered in the Trade Register on 4 March 2024.

Mikko Aartio owns 100 per cent of PIMU Capital Oy.

The holding of Mikko Aartio and PIMU Capital Oy according to the notification:

% of % of shares Total Total number of shares and
shares and votes % votes in the target company
and through
votes financial
instruments
Holding after below 0% below 21,009,715
reaching 5% 5%
orexceeding
the flagging
notification
threshold
Holding reported 9.46% 0% 9.46%
in the previous
flagging
notification(if
flagged)

Information on the share of ownership and voting rights after the exceeding of the flagging notification threshold:

A: Shares and votes

Series of Number % of
shares/share of shares
type shares and
and votes
votes
Direct Indirect (AML Direct Indirect (AML 9:6 and 9:7)
(AML 9:6 and 9:7) (AML
9:5) 9:5)
FI4000064332 0 1,049,024 0 below 5%
A Total 1,049,024 below 5%

Details of the party obligated to submit the flagging notification:

The entire chain of control (starting from the controlling natural or legal person) through which the shares, voting rights or financial instruments are controlled:

Name % of % of shares and votes Total shares, votes
shares and through financial and financial
votes instruments instruments
Mikko 0% 0% 0%
Aartio
PIMU below 5% 0% below 5%
Capital
Oy

Additional information
Jarno Vilponen, CFO, tel. +358 40 721 9376
 

NoHo Partners Plc

NoHo Partners Plc is a Finnish group established in 1996, and it specialises in restaurant services being the creative innovator of the Northern European restaurant market. The company was listed in Nasdaq Helsinki in 2013 becoming the first Finnish listed restaurant company, and it has continued to grow strongly throughout its history.

The Group companies include some 300 restaurants in Finland, Denmark, Norway and Switzerland. The well-known restaurant concepts include Elite, Savoy, Teatteri, Sea Horse, Stefan's Steakhouse, Palace, Löyly, Friends & Brgrs, Campingen, Cock's & Cows and Holy Cow!. Depending on the season, NoHo Partners employs approx. 2,800 people converted into full-time employees, and in 2023, company's turnover amounted to approx. MEUR 370. NoHo Partners' vision is to be the leading restaurant company in Northern Europe. More information is available at noho.fi/en.