Flagging notification in accordance with Chapter 9 Section 10 of the Finnish Securities Markets Act
Basware Corporation, stock exchange release, February 4, 2019 at 3.15 pm
Basware Corporation has received on February 4, 2019 the following notification pursuant to Chapter 9, Section 5 of the Finnish Securities Market Act from Arrowgrass Capital Partners LLP and its funds Arrowgrass Master Fund Ltd and Arrowgrass Equity Focus Fund Ltd according to which their total holding of shares of Basware Corporation has increased above twenty-five (25) percent on February 1, 2019.
Basware Corporation has one series of shares in which each share carries one vote. The total number of shares and votes is 14,401,936.
The holding of Arrowgrass Capital Partners LLP and its funds according to the notification:
| % of shares and voting rights |
% of shares and voting rights through financial instruments |
Total of both in % | |
| Resulting situation on the date on which threshold was crossed or reached: | 25.00% | 25.00% | |
| Position of previous notification (if applicable): | 20.00% | 20.00% |
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 | 3,600,698 | 25.00% | ||
| Subtotal (A): | 3,600,698 | 25.00% | ||
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
Main media
investors.basware.com/en
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 https://investors.basware.com/en.
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