Lehto Group Plc: Flagging notification in accordance with Chapter 9, Section 10 of the Securities Markets Act
Lehto Group Plc
Stock Exchange Release
1 June 2017 at 9.00 a.m. EEST
Flagging notification in accordance with Chapter 9, Section 10 of the Securities Markets Act
Lehto Group Plc ("Lehto") has received a notification pursuant to Chapter 9, Section 5 of the Securities Markets Act from Asko Myllymäki.
Pursuant to the notification, Asko Myllymäki has sold shares in Lehto in an accelerated book-building process (the "Share Sale"). In connection with the completion of the Share Sale, Asko Myllymäki's ownership of the shares and voting rights in Lehto fell below the 10 per cent threshold. The results of the Share Sale have been publicly announced on 1 June 2017.
Lehto has a total of 58,250,752 shares. Each share entitles its holder to one (1) vote.
Total positions of Asko Myllymäki:
| % of shares and voting rights (A) | % of shares and voting rights through financial instruments (B) | Total of both in % (A + B) | Total number of shares and voting rights of issuer | |
| Resulting situation on the date on which threshold was crossed or reached | 8.25% | - | 8.25% | 58,250,752 |
| Position of previous notification (if applicable) | - | - | - |
Notified details of the resulting situation on the date on which the threshold was crossed or reached:
A: Shares and voting rights
| Class/type of shares | Number of shares and voting rights | % of shares and voting rights | ||
| ISIN code | Direct (SMA 9:5) | Indirect (SMA 9:6 and 9:7) | Direct (SMA 9:5) | Indirect (SMA 9:6 and 9:7) |
| FI4000081138 | 4,808,112 | - | 8.25% | - |
| SUBTOTAL | 4,808,112 | 8.25% | ||
Lehto Group Oyj
Pertti Huuskonen, Chairman of the Board
Hannu Lehto, CEO
More information:
Veli-Pekka Paloranta
CEO
+358 400 944 074
Lehto Group in brief
Lehto is the fastest growing construction and real estate group in Finland. We operate in four service areas: Business Premises, Housing, Social Care and Educational Premises, and Building Renovation. We are the innovator and pioneer of the construction sector. Our economically driven operating model makes construction more profitable, ensures the quality of construction and brings significant time and cost savings to the customer. We employ 889 people (Q1 2017) and our net sales for 2016 amounted to EUR 362 million.