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Home › Media › Releases 2005 › Finnish Competition Authority approves the sale of PPTH-Norden to Rautaruukki

Stock exchange release - 22 December 2005

Finnish Competition Authority approves the sale of PPTH-Norden to Rautaruukki

The Finnish Competition Authority has approved the transaction whereby Rautaruukki Corporation acquires PPTH-Norden Oy’s parent company PPTH Steelmanagement Oy (PPTH) from the funds managed by CapMan and from PPTH’s management. CapMan published a stock exchange release about the transaction on 29 September 2005.

The transaction will be finalised in 2 to 3 weeks. The impact of the PPTH exit on CapMan Plc’s result for 2006 is approx. €2.0 million as a result of carried interest income received from Fenno Fund. Finnventure IV and Finnmezzanine II funds will also exit from PPTH.

For further information, please contact:
Mr Olli Liitola, CFO, CapMan Plc, tel. +358 9 6155 8306 or +358 400 605 040

CAPMAN PLC

Jerome Bouix
Partner

Fundraising, IR and Communications

Distribution:
Helsinki Exchanges
Principal media

CapMan
CapMan is one of the leading private equity investors in the Nordic countries and specialises in middle market buyouts in various industry sectors, technology investments in the IT and communications sectors and investments in life science companies. In addition, CapMan manages/advises private equity real estate funds. The CapMan team comprises around 90 people in Helsinki, Stockholm, Copenhagen and Oslo. CapMan manages/advises Nordic funds with approx. €2.2 billion in total capital. To date, the funds managed by CapMan have invested in 147 companies in the Nordic countries and exited from 76 companies. The latest investments are made in Norwegian InfoCare AS, Finnish Flander Ltd, Swedish Inflight Services AB and Danish Scan•Jour A/S. The portfolio of CapMan’s first private equity real estate fund consists of 18 commercial properties in the Helsinki metropolitan area. CapMan Plc is listed on the Main List of the Helsinki Stock Exchange. www.capman.com

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