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2016-12-15

Robit Oyj: ROBIT PLC GRANTS OWN SHARES FOR BOARD'S YEARLY COMPENSATION

ROBIT PLC COMPANY RELEASE 15 DECEMBER 2016 AT 09.00 P.M.

ROBIT PLC GRANTS OWN SHARES FOR BOARD'S YEARLY COMPENSATION

At the meeting on 15thDecember 2016, the Board of Directors of Robit Plc has
decided to grant in total 4 893 shares on 22ndDecember 2016 to its Board of
Directors as the yearly compensation payment based on period of rule 2016.
The release is based on the authorization given to the Board by the Annual
General Meeting on 18th March 2016.

The release price of the granted shares is 9,40 EUR, which is the closing
price of Robit Plc's share on 15thDecember 2016. The total value of the
granted share is accordingly 45 994,20 EUR.

The share compensation will be granted with the shares, which are already in
the assets of Robit Plc, so the total amount of shares will not change. The
total amount of shares in Robit Plc's assets will be after the release
totally 94 674 shares on 22ndDecember 2016.

Further information of Remuneration Statement is available on Robit Plc's
websitehttp://www.robit.fi/investors/remuneration-statement/.

ROBIT PLC

Board of Directors

Further information:
Robit Plc

Harri Sjöholm, Chairman
+358 400 622 092
harri.sjoholm@robit.fi

Certified Advisor
Skandinaviska Enskilda Banken AB (publ) Helsinki Branch
Tel. +358 9 6162 8101

Robit is a Finnish company selling and servicing global customers in drilling
consumables for applications in tunneling, geothermal heating and cooling,
construction, and mining industries. The company's business is divided into
Top Hammer, Down-the-Hole and Digital Services business units. Robit has 17
own offices and active sales networks in 115 countries and production in
Finland, South Korea, Australia and UK. The company is listed in Nasdaq
Helsinki Ltd's First North Finland marketplace with trading code ROBIT. For
more information, see
www.robit.fi.

Distribution:

Nasdaq Helsinki Ltd
Key media
www.robit.fi

---------------------------------------
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Robit Oyj via Globenewswire

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