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

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Basware Corporation, stock exchange release, 22 April 2022 at 1:15 p.m. EEST

Basware Corporation has received on 21 April 2022 the following notification pursuant to Chapter 9, Section 5 of the Finnish Securities Market Act from The Goldman Sachs Group, Inc. according to which their total holding of shares of Basware Corporation has increased above five (5) percent on 20 April 2022. According to the notification, the reason for the notification was an acquisition or disposal of shares or voting rights and an acquisition or disposal of financial instruments.

 

Basware Corporation has one series of shares in which each share carries one vote. The total number of shares and votes is 14,463,936.

The holding of The Goldman Sachs Group, Inc.according to the notification:

 

 

% of shares and voting rights
(total of 7.A)

% of shares and voting rights through financial instruments
(total of 7.B)

Total of both in % (7.A + 7.B)

Total number of shares and voting rights of issuer

Resulting situation on the date on which threshold was crossed or reached:

2.90%

2.69%

5.58%

14,463,936

Position of previous notification (if applicable):

n/a

n/a

n/a

 

 

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

 

419,142

 

2.90%

Subtotal (A):

419,412

2.90%

 

B: Financial Instruments

Type of financial instrument

Expiration
date

Physical or cash settlement

Number of shares and voting rights

% of shares and voting rights

Securities Lending

Open

Physical

369,080

2.55%

Swap

14/04/2032

Cash

9,360

0.06%

Swap

07/05/2030

Cash

6,043

0.04%

Swap

06/05/2030

Cash

1,334

0.01%

Swap

23/12/2024

Cash

1,316

0.01%

Swap

22/04/2025

Cash

445

0.003%

Swap

03/06/2030

Cash

362

0.003%

Swap

20/05/2030

Cash

331

0.002%

Swap

14/05/2030

Cash

249

0.002%

Swap

02/03/2032

Cash

56

0.0004%

Subtotal (B):

 

 

388,576

2.69%

 

Full chain of controlled undertakings:

Name

% of shares and voting rights

% of shares and voting rights through financial instruments

Total of both

The Goldman Sachs Group, Inc.

 

 

 

Goldman Sachs (UK) L.L.C.

 

 

 

Goldman Sachs Group UK Limited

 

 

 

Goldman Sachs

International

 

 

 

 

 

 

 

The Goldman Sachs Group, Inc.

 

 

 

Goldman Sachs & Co. LLC

 

 

 

 

 

 

 

The Goldman Sachs Group, Inc.

 

 

 

GSAM Holdings LLC

 

 

 

Goldman Sachs Asset Management, L.P.

 

 

 

 

 

 

 

The Goldman Sachs Group, Inc.

 

 

 

Goldman Sachs Bank USA

 

 

 

Goldman Sachs Bank Europe SE

 

 

 

 

For more information, please contact:

Katariina Kataja, Investor Relations Manager, Basware Corporation
Tel. +358 40 527 1427, katariina.kataja@basware.com  

 

Distribution:

Nasdaq Helsinki

Key media               

www.basware.com/investors

 

About Basware:
Basware offers the largest open business network in the world and is the global leader in providing networked purchase-to-pay solutions and e-invoicing services. Our technology empowers organizations with 100% spend visibility by enabling the capture of all financial data across procurement, finance, accounts payable and accounts receivable functions. Basware's solutions play an important role in transitioning to a lower-carbon economy by enabling the digitalization and automation of Purchase-to-Pay enterprise processes that rely on paper. Basware is a global company doing business in more than 100 countries and is traded on the Helsinki exchange (BAS1V: HE). Find out more at https://investors.basware.com/en.