Flagging notification in accordance with Chapter 9 Section 10 of the Finnish Securities Markets Act
Basware Corporation, stock exchange release, 25 April 2022 at 10:00 a.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 decreased below five (5) percent on 21 April 2022. According to the notification, the reason for the notification was 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: | 3.58% | 0.19% | 3.76% | 14,463,936 |
| Position of previous notification (if applicable): | 2.90% | 2.69% | 5.58% |
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 | 517,360 | 3.58% | ||
| Subtotal (A): | 517,360 | 3.58% | ||
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 | 7,840 | 0.05% |
| 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 | 03/06/2030 | Cash | 362 | 0.003% |
| Swap | 20/05/2030 | Cash | 331 | 0.002% |
| Swap | 22/04/2025 | Cash | 265 | 0.002% |
| Swap | 14/05/2030 | Cash | 249 | 0.002% |
| Swap | 02/03/2032 | Cash | 56 | 0.0004% |
| Subtotal (B): | 27,156 | 0.19% |
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 SachsInternational | |||
| 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.