Flagging notification in accordance with Chapter 9 Section 10 of the Finnish Securities Markets Act
Basware Corporation, stock exchange release, May 24, 2017 at 17:00
Flagging notification in accordance with Chapter 9 Section 10 of the Finnish Securities Markets Act
Notice pursuant to the Finnish Securities Market Act (Section 9:5): The total number of shares represented by Ilmarinen Mutual Pension Insurance Company has decreased below 10 % of Basware Corporation's share capital and voting rights on May 24, 2017. This notification has been given to Basware Corporation's information on May 24, 2017.
The holding of Ilmarinen Mutual Pension Insurance Company after the disclosure:
| Shares (trading code, ISIN code) BAS1V ISIN: FI0009008403 |
Number of shares | Percent (%) of share capital |
Percent (%) voting rights |
| Resulting situation on the date on which threshold was crossed or reached: Ilmarinen Mutual Pension Insurance Company |
1,429,268 | 9.92 % | 9.92 % |
| Position of previous notification (if applicable): |
10.23 % | 10.23 % |
The share capital of Basware Corporation is 14,401,936. The company has one share series, each share entitling to one vote.
For more information, please contact:
Ben Selby, Head of Investor Relations, Basware Corporation
Tel. +358 50 305 8077, ben.selby@basware.com
Distribution:
Nasdaq Helsinki
Key media
www.basware.com/investors
About Basware:
Basware (Nasdaq: BAS1V) is the global leader in providing networked purchase-to-pay solutions, e-invoicing and innovative financing services. Basware’s commerce and financing network connects businesses in over 100 countries and territories around the globe. As the largest open business network in the world, Basware provides scale and reach for organizations of all sizes, enabling them to grow their business and unlock value across their operations by simplifying and streamlining financial processes. Small and large companies around the world achieve significant cost savings, more flexible payment terms, greater efficiencies and closer relationships with their suppliers. Find out more at www.basware.com/investors.
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