ALTIA — Capital/Financing Update 2018

Apr 4, 2018

Altia Plc: Stabilization measures taken

Altia Plc: Stabilization measures taken

Altia Plc   Stock Exchange Release   4 April 2018, at 11:55 a.m.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE
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UNLAWFUL.

Altia Plc: Stabilization measures taken

With reference to the offering circular published by Altia Plc ("Altia" or the
"Company") on 12 March 2018 and Company announcement dated on 22 March 2018
regarding the result of the initial public offering of Altia, including a share
sale by the State of Finland of in aggregate 23,000,000 existing shares
(including the over-allotment option) to private individuals and entities in
Finland and for institutional investors as private placement in Finland and
internationally as well as an issue of in aggregate 180,485 new shares by Altia
for the permanent employees of Altia (the “Offering”), Altia has received
notification that Nordea Bank AB (publ), Finnish Branch ("Nordea"), acting as
stabilizing manager in the Offering, has carried out stabilization measures on
23 March 2018.

Nordea has informed the Company that it has performed stabilization measures (in
accordance with Article 3.2(d) of the EU Market Abuse Regulation (EU) No.
596/2014) on Nasdaq Helsinki in accordance with what is set out below.

Stabilization
Information
Issuer Altia Plc
Securities Ordinary shares (ISIN:
FI4000292438)
Offering size 23,180,485 shares (incl. the over
-allotment option of 3,000,000
shares)
Offer price EUR 7.50 per share
Ticker ALTIA
Stabilization Nordea Bank AB (publ), Finnish
manager branch

Stabilization
Transactions
Date Price Price Price Quantity Currency Market
(lowest) (highest) (weighted
average)
23-March-2018 7.50 7.50 7.50 137,481 EUR Nasdaq
Helsinki

Altia Plc

Distribution

Nasdaq Helsinki Ltd

www.altiagroup.com

Altia in brief

Altia is a leading Nordic alcoholic beverage company operating in the wines and
spirits markets in the Nordic countries, Estonia and Latvia. Altia produces,
imports, markets, sells and distributes both own and partner brand beverages.
The Company also has production in Cognac, France. Further, Altia exports
alcoholic beverages to approximately 30 countries, most of which are in Europe,
Asia and North America. Altia’s own core brands are Koskenkorva, Chill Out,
Blossa, Larsen, O.P. Anderson, Renault, Xanté and Valhalla. Altia’s net sales in
2017 were EUR 359.0 million and the Company employs about 700 professionals.
Altia wants to enhance a modern, responsible Nordic drinking culture.
www.altiagroup.com.

DISCLAIMER

It may be unlawful to distribute this announcement in certain jurisdictions.
This announcement is not for distribution in Australia, Canada, the Hong Kong
special administrative region of the People’s Republic of China, Japan, South
Africa, the United States or to any other jurisdiction where such distribution
would be unlawful. The information in this announcement does not constitute an
offer of securities for sale in such jurisdictions.

This announcement does not constitute an offer for sale of, or a solicitation of
an offer to purchase or subscribe for, any securities in the United States.
Securities may not be offered or sold in the United States unless they are
registered or are exempt from registration under the U.S. Securities Act of
1933, as amended, and the rules and regulations thereunder. Altia Plc (the
“Company”) does not intend to register any portion of this offering in the
United States or to conduct a public offering in the United States. Copies of
this announcement are not being, and should not be, distributed in or sent into
the United States.

The issue and/or sale of securities in connection with the listing on Nasdaq
Helsinki Ltd (the “Helsinki Stock Exchange”) (the “Listing”) are subject to
specific legal or regulatory restrictions in certain jurisdictions. The Company,
Nordea Bank AB (publ) Finnish Branch (“Nordea”), Carnegie Investment Bank AB
(“Carnegie”) and OP Corporate Bank plc (“OP”) (Nordea, Carnegie and OP together
the “Managers”) assume no responsibility in the event there is a violation by
any person of such restrictions.

Nordea, Carnegie and OP are acting exclusively for the Company and for no-one
else in connection with any transaction mentioned in this announcement and will
not regard any other person (whether or not a recipient of this announcement) as
a client in relation to any such transaction and will not be responsible to any
other person for providing the protections afforded to their clients, or for
advising any such person on the contents of this announcement or in connection
with any transaction referred to in this announcement. The contents of this
announcement have not been verified by Nordea, Carnegie or OP and neither
Nordea, Carnegie nor OP accept liability for this information included in this
announcement.

In the United Kingdom, this announcement is for distribution only to and is
directed only at persons who (i) have professional experience in matters
relating to investments which fall within Article 19(5) of the Financial
Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended, the
“Financial Promotion Order”), (ii) are persons falling within Article 49(2)(a)
to (d) (“high net worth companies, unincorporated associations etc.”) of the
Financial Promotion Order, or (iii) are persons to whom an invitation or
inducement to engage in investment activity (within the meaning of section 21 of
the Financial Services and Markets Act 2000) in connection with the issue or
sale of any securities may otherwise lawfully be communicated or caused to be
communicated (all such persons together being referred to as “relevant
persons”). This announcement is directed only at relevant persons and must not
be acted on or relied on by persons who are not relevant persons. Any investment
or investment activity to which this announcement relates is available only to
relevant persons and will be engaged in only with relevant persons.

This announcement has been prepared on the basis that any offer of securities in
any Member State of the European Economic Area, other than Finland, which has
implemented the Prospectus Directive (2003/71/EC, as amended, including by
Directive 2010/73/EU, the “Prospectus Directive”) (each, a “Relevant Member
State”) will be made pursuant to an exemption under the Prospectus Directive, as
implemented in that Relevant Member State, from the requirement to publish a
prospectus for offers of securities. Accordingly any person making or intending
to make any offer in that Relevant Member State of securities which are the
subject of the offering contemplated in this announcement, may only do so in
circumstances in which no obligation arises for the Company or any of the global
coordinator to publish a prospectus pursuant to Article 3 of the Prospectus
Directive or supplement a prospectus pursuant to Article 16 of the Prospectus
Directive, in each case, in relation to such offer. Neither the Company nor any
of the Managers have authorised, nor do they authorise, the making of any offer
of the securities through any financial intermediary, other than offers made by
the Managers which constitute the final placement of the securities contemplated
in this announcement. Neither the Company nor any of the Managers have
authorised, nor do they authorise, the making of any offer of securities in
circumstances in which an obligation arises for the Company or any Managers to
publish or supplement a prospectus for such offer.

The information contained in this announcement is for informational purposes
only and does not purport to be full or completed. No reliance may or should be
placed by any person for any purposes whatsoever on the information contained in
this announcement or on its completeness, accuracy or fairness. This
announcement does not constitute or form part of any offer or invitation to sell
or issue, or any solicitation of any offer to purchase or subscribe for any
shares or any other securities nor shall it (or any part of it) or the fact of
its distribution, form the basis of, or be relied on in connection with, any
contract therefor. The information in this announcement is subject to change.
Investors must neither accept any offer for, nor acquire, any securities to
which this document refers, unless they do so on the basis of the information
contained in the applicable prospectus published or offering circular
distributed by the Company.

In connection with the Company’s Listing and in accordance with all applicable
laws and rules, Nordea (the “Stabilisation Manager”) (or persons acting on its
behalf), has agreed that the State of Finland (the “Seller”) will grant the
Stabilisation Manager an option to over-allot shares or effect stabilization
transactions with a view to support the market price of the Company’s shares at
a level higher than that which might otherwise prevail (provided that the
aggregate principal number of the Company’s shares allotted does not exceed 15
per cent of the aggregate principal number of the offer shares in the Listing).
However, stabilisation action may not necessarily occur and may cease at any
time, and the Stabilisation Manager is not required to enter into such
transactions. Any stabilisation action may begin on or after the date of
commencement of trading in the shares on the Helsinki Stock Exchange and, if
begun, may be ended at any time, and such measures must be brought to an end
within 30 days of commencement of trading in the Company’s shares on the prelist
of the Helsinki Stock Exchange, which period is to occur between 23 March 2018
and 21 April 2018.

This announcement includes forward-looking statements, which include statements
regarding the Company’s business strategy, financial condition, profitability,
results of operations and market data, as well as other statements that are not
historical facts. Words such as “believe,” “anticipate,” “plan,” “expect,”
“target,” “estimate,” “project,” “predict,” “forecast,” “guideline,” “should,”
“aim,” “continue,” “could,” “guidance,” “may,” “potential,” “will,” as well as
similar expressions and the negative of such expressions are intended to
identify forward-looking statements, but are not the exclusive means of
identifying these statements. By their nature, forward-looking statements are
subject to numerous factors, risks and uncertainties that could cause actual
outcomes and results to be materially different from those projected. Readers
are cautioned not to place undue reliance on these forward-looking statements.
Except for any ongoing obligation to disclose material information as required
by the applicable law, the Company does not have any intention or obligation to
publicly update or revise any forward-looking statements after it distributes
this announcement, whether to reflect any future events or circumstances or
otherwise.

Certain figures contained in this announcement, including financial information,
have been subject to rounding adjustments. Accordingly, in certain instances,
the sum or percentage change of the numbers contained in this document may not
conform exactly with the total figure given.
Tua Stenius-Örnhjelm
Investor Relations Manager
+358 40 748 8864
tua.stenius-ornhjelm@altiagroup.com
Altia is a leading Nordic alcoholic beverage company operating in the wines and
spirits markets in the Nordic countries, Estonia and Latvia. Altia produces,
imports, markets, sells and distributes both own and partner brand beverages.
The Company also has production in Cognac, France. Further, Altia exports
alcoholic beverages to approximately 30 countries, most of which are in Europe,
Asia and North America. Altia’s own core brands are Koskenkorva, Chill Out,
Blossa, Larsen, O.P. Anderson, Renault, Xanté and Valhalla. Altia’s net sales in
2017 were EUR 359.0 million and the Company employs about 700 professionals.
Altia wants to enhance a modern, responsible Nordic drinking culture.
www.altiagroup.com.