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18.12.2020 - 14:00

Altia Plc: Notification pursuant to Chapter 9, section 5 of the Securities Markets Act

Altia Plc Stock Exchange Release 18 December 2020 at 2:00 pm EET

Altia Plc has on 18 December 2020 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 Valtion kehitysyhtiö Vake Oy (State’s Business Development Company) falls below and the shareholding of the State of Finland exceeds a threshold according to Chapter 9, section 5 of the SMA.

Valtion kehitysyhtiö Vake Oy has today on 18 December 2020 transferred 13 097 481 shares to the State of Finland. Valtion kehitysyhtiö Vake Oy is a company fully owned by the State of Finland and thereby fully controlled by the State of Finland. The shares transferred to the State of Finland represent the following shares of Altia Plc’s total shares and voting rights:

% of shares and voting rights% of shares and voting rights through financial instrumentsTotal of both in %Total number of shares and voting rights of issuer
Resulting situation on the date on which threshold was crossed or reached36.24%36.24%36,140,485 outstanding shares
Position of previous notification (if applicable)-36.24%-36.24%

Notified details of the resulting situation following the crossing of the threshold:

A: Shares and voting rights

Number of shares and voting rights% of shares and voting rights
Class/type of sharesDirect (SMA 9:5)Indirect (SMA 9:6 and 9:7)Direct (SMA 9:5)Indirect (SMA 9:6 and 9:7)
FI400029243813,097,48136.24%
SUBTOTAL A13,097,48136.24%

Additional information received by the company:

The Financial Supervisory Authority has in its decision of 16 October 2020 (FIVA 15/02.05.05/2020) regarding the transfer of Altia’s shares (in total 13,097,481 shares and voting rights) granted a permission to derogate from the obligation to launch a bid. The decision has not been appealed to the Helsinki Administrative Court in due time. The decision is final.

ALTIA PLC

Contact:

Tua Stenius-Örnhjelm, Investor Relations, tel. +358 40 748 8864

Distribution:

Nasdaq Helsinki LtdPrincipal mediawww.altiagroup.com

Altia Plc: Notification pursuant to Chapter 9, section 5 of the Securities Markets Act