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  Disclosed inside information pursuant to article 17 Market Abuse Regulation 
  (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. 
  The issuer is responsible for the content of this announcement. 
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No Keyword 
22.06.2021 
 
Vienna - The Mayr-Melnhof Group ("MM") and a subsidiary of funds managed by 
Oaktree Capital Management, L.P. ("Oaktree") have reached a firm intention on 
the sale of MM's virgin fiber cartonboard mills located in Eerbeek, Netherlands, 
and Baiersbronn, Germany, to Oaktree for an equity value of EUR 104.6 million 
and net debt subject to final closing accounts. 
 
Eerbeek and Baiersbronn together have an annual capacity of about 245kt of 
virgin fiber cartonboard (FBB) produced on two board machines and employ 
approximately 400 people. Sales reached EUR 195 million in 2020. 
 
The divestment is in line with and forms part of MM's strategy to focus on new 
acquisitions and growth capex. 
 
MM will engage in a consultation process with the employee representatives and 
expects the transaction, which is subject to certain closing conditions and 
regulatory approvals, including in relation to MM's recent acquisitions, to 
close in the third quarter of 2021. 
 
 
 
 
Further inquiry note: 
For further information, please contact: 
Stephan Sweerts-Sporck 
Investor Relations 
Mayr-Melnhof Karton AG 
Brahmsplatz 6, A-1040 Vienna, Austria 
Tel.: (+43/1) 50136 - 91180, Fax: (+43/1) 50136 - 91195 
e-mail: investor.relations@mm-karton.com 
 
end of announcement                         euro adhoc 
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(END) Dow Jones Newswires

June 22, 2021 12:28 ET (16:28 GMT)