Flagging notification in accordance with Chapter 9 Section 10 of the Finnish Securities Markets Act

Basware Corporation, stock exchange release, April 26, 2018 at 5.00pm

Flagging notification in accordance with Chapter 9 Section 10 of the Finnish Securities Markets Act

Basware Corporation has received on April 26, 2018 the following notification pursuant to Chapter 9, Section 5 of the Finnish Securities Market Act from Ilmarinen Mutual Pension Insurance Company according to which their total holding of shares of Basware Corporation has decreased below five (5) percent on April 25, 2018. According to the notification, the reason for the notification was disposal of shares or voting rights.

The holding of Ilmarinen Mutual Pension Insurance Company according to the notification: 

% of
shares and voting rights
 
% of
shares and voting rights through financial instruments
 
Total of both in % Total number of shares and voting rights of issuer
Resulting situation on the date on which threshold was crossed or reached: 4.62% 4.62% 14,401,936
Position of previous notification (if applicable): 9.92% 9.92%

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 shares: Direct
(SMA 9:5)
Indirect
(SMA 9:6 and 9:7)
 
Direct
(SMA 9:5)
 
Indirect (SMA 9:6 and 9:7) 
FI0009008403  665,921 4.62%
Subtotal (A): 665,921 4.62%

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 source-to-pay solutions, e-invoicing and value added 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 http://investors.basware.com/en.

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