Fondia Plc: Notification of Holdings According to Chapter 9, Section 10 of the Finnish Securities Market Act (Timo Lappi)
Fondia Plc
Company release
31.5.2024 at 3.00 p.m. EEST
Fondia Plc has received on May 31, 2024 a notification pursuant to Chapter 9, Section 5 of the Finnish Securities Markets Act concerning substantial voting rights (hereinafter "the flagging"), according to which the number of shares controlled by Timo Lappi in Fondia Plc exceeds 15 per cent of all shares.
The flagging obligation applies to companies traded on the First North Growth Market Finland in a staggered transitional period following the amendment to the Act of April 19, 2024 (Act 163/2024 on amending the Securities Market Act). The flagging has been made in accordance with the transitional provisions applicable in connection with the amendment of the law and concerns the holdings in force at the time of the entry into force of the amendment on April 19, 2024.
Total positions of person subject to the notification obligations
| % 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 reached | 16.60% | - | 16.60% | 656,250 |
Notified details of the resulting situation on the date on which the threshold was reached:
A: Shares and voting rights
| Class/type of sharesISIN code | Number of shares and voting rights | % of shares and voting rights | ||
| Direct(SMA 9:5) | Indirect(SMA 9:6 ja 9:7) | Direct(SMA 9:5) | Indirect(SMA 9:6 ja 9:7) | |
| FI4000232913 | - | 656, 250 | - | 16,60% |
Information in relation to the person subject to the notification obligation
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity:
| Name | % of shares and voting rights | % of shares and voting rights through financial instruments | Total of both |
| Timo Lappi | 0.00% | - | - |
| Sijoittamo Oy | 0.00% | - | - |
| Placereri AB | 16.60% | - | 656,250 |
Further information:
The person subject to the notification obligation holds the shares through his controlling companies listed in the table above.
Fondia Plc
Contact details:
Group CEO Harri Savolainen, tel. +358 40 502 1919
Fondia in brief
Fondia solves the legal needs of companies by combining the best services from internal legal departments and law firms. Fondia operates in Finland, Sweden, Estonia, and Lithuania, and the Group’s net sales in 2023 were EUR 26.1 million. Fondia employs over 190 people.
Aktia Alexander Corporate Finance Ltd acts as Fondia Plc’s Certified Adviser.
Distribution:
Nasdaq Helsinki Ltd
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