07.02.2019 - 20:45
Altia Plc: Notification pursuant to Chapter 9, section 10 of the Securities Markets Act
Altia Plc Stock Exchange Release 7 February 2019 at 8:45 pm EET
Altia Plc: Notification pursuant to Chapter 9, section 10 of the Securities Markets Act
Altia Plc has on 7 February 2019 received the following notification pursuant to Chapter 9, section 5 of the Securities Markets Act ("SMA") regarding an ownership arrangement following which the shareholding of the State of Finland falls below and the shareholding of Valtion kehitysyhtiö Vake Oy (State’s Business Development Company) exceeds a threshold according to Chapter 9, section 5 of the Securities Markets Act.
The State of Finland has today on 7 February 2019 transferred as an equity contribution-in-kind 13 097 481 shares in Altia Plc to Valtion kehitysyhtiö Vake Oy, which is a company fully owned by the State of Finland and thereby fully controlled by the State of Finland. The shares transferred to Valtion kehitysyhtiö Vake Oy represent the following shares of Altia Plc’s total shares and voting rights:
Target company: Altia Plc (ALTIA), market place Nasdaq Helsinki
| Amount | Share of share capital | Share of voting rights |
|---|---|---|
| Transferred shares:13 097 481 shares (ALTIA) | 36.24 % | 36.24 % |
| After the transfer the State of Finland owns:0 shares (ALTIA) | 0.00 % | 0.00 % |
Altia Plc’s share capital comprises 36 140 485 shares, which all carry equal voting and dividend rights.
Additional information received by the company:
The Financial Supervisory Authority has in its decision of 11 December 2018 (FIVA 10/02.05.05/2018), which has been published in the Official Gazette number 150/28.12.2018, granted the State of Finland and Valtion kehitysyhtiö Vake Oy (State Business Development Company) a permission pursuant to chapter 11, section 26 of the Securities Markets Act (746/2012) to derogate from the obligation to launch a bid for the shares of Altia Plc. The decision has not been appealed to the Helsinki Administrative Court in due time. The decision is final.
ALTIA PLCNiklas Nylander, CFO
Contact:
Tua Stenius-Örnhjelm, Investor Relations, tel. +358 40 748 8864
Distribution:
Nasdaq Helsinki Ltd
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