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: Notification pursuant to Chapter 9, section 5 of the Securities Markets Act
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 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 |
36.24% | 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 shares |
Direct (SMA 9:5) |
Indirect (SMA 9:6 and 9:7) |
Direct (SMA 9:5) |
Indirect (SMA 9:6 and 9:7) |
| FI4000292438 | 13,097,481 | 36.24% | ||
| SUBTOTAL A | 13,097,481 | 36.24% | ||
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 Ltd
Principal media
www.altiagroup.com
Altia is a leading Nordic alcoholic beverage brand company operating in the wines and spirits markets in the Nordic and Baltic countries. Altia wants to support a development of a modern, responsible Nordic drinking culture. Altia’s flagship brands are Koskenkorva, O.P. Anderson and Larsen. Other iconic Nordic brands are Chill Out, Blossa, Xanté, Jaloviina, Leijona, Explorer and Grönstedts. Altia’s net sales in 2019 were EUR 359.6 million and the company employs about 650 professionals. Altia’s shares are listed on Nasdaq Helsinki. www.altiagroup.com.