Componenta Corporation: Notification under Chapter 9 Section 10 of the Finnish Securities Market Act
Componenta Corporation Stock Exchange Release 5 September 2019 at 13.40
Componenta Corporation has on 5 September 2019 received the following notification pursuant to Chapter 9, section 5 of the Securities Markets Act according to which the holding of Varma Mutual Pension Insurance Company in Componenta Corporation shares and voting rights has decreased below 5% on 4 September 2019. The crossing below the notification limit is related to directed share issue arranged to sellers in acquisition of Komas Oy which results in decrease in shareholding of Varma Mutual Pension Insurance Company. A total of 60 million new shares subscribed for in the directed share issue after which the total number of Componenta Corporation’s shares is 237,269,224.
Total position of Varma Mutual Pension Insurance Company subject to the notification:
| % 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 the threshold was crossed or reached | Below 5% | - | Below 5% | 237,269,224 |
| Position of previous notification (if applicable) | 5.608% | - | 5.608% |
Notified details of the resulting situation on the date on which the threshold was crossed:
A: Shares and voting rights
| Class / type of shares ISIN code |
Number of shares and voting rights | % of shares and voting rights | ||
| Direct (SMA 9:5) |
Indirect (SMA 9:6 and 9:7) |
Direct (SMA 9:5) |
Indirect (SMA 9:6 and 9:7) |
|
| FI0009010110 | 10,406,279 | - | 4.39% | - |
| SUBTOTAL A | 10,406,279 | 4.39% | ||
COMPONENTA CORPORATION
For further information, please contact:
Marko Karppinen, CFO, tel. +358 10 403 2101
Marko Penttinen, President and CEO, tel. +358 40 842 2811
Componenta is an international technology company. Componenta specializes in supplying cast and machined components to its global customers, who are manufacturers of vehicles, machines and equipment. The company’s share is listed on Nasdaq Helsinki.