Notification pursuant to Chapter 9, section 5 of the Securities Markets Act
HKScan Corporation Stock Exchange Release 21 December 2016 at 4.20 p.m.
Notification pursuant to Chapter 9, section 5 of the Securities Markets Act
HKScan Corporation has on 21 December 2016 received a notification from Sveriges Djurbönder ek. för. regarding changes in holdings in accordance with Chapter 9, Section 5 of the Finnish Securities Markets Act.
According to the notification, the total amount of HKScan Corporation shares owned by Sveriges Djurbönder ek. för. has decreased below the threshold of ten (10) per cent and the share of voting rights has decreased below five (5) per cent on 21 December 2016. According to the notification, the reason for the notification was a disposal of shares and voting rights.
Sveriges Djurbönder ek.för’s position according to the notification:
| % of shares and voting rights | Total number of shares and voting rights | |
| Resulting situation on the date on which threshold was crossed or reached | 6.57% of shares and 2.29% of voting rights | 55 026 522 shares and 157 626 522 voting rights |
| Position of previous notification* | 12.45% of shares and 12.35% of voting rights | - |
* The previous notification was made under Sveriges Djurbönder ek.för’s previous name Swedish Meats ekonomisk förening.
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 | Indirect | Direct | Indirect | |
| A-shares, ISIN code FI0009006308 | 3 615 000 | - | 6.57% of all the shares and 2.29% of all the voting rights | - |
| K-shares, ISIN code FI0009006662 | 0 | - | 0 | - |
| Total | 3 615 000 | - | 6.57% of all the shares and 2.29% of all the voting rights | - |
HKScan’s shares are divided into two share series as follows: 49 626 522 A shares (90.19 per cent of the total number of shares) and 5 400 000 K shares (9.81 per cent of the total number of shares). Each A share entitles to one (1) vote, and each K share entitles to twenty (20) votes.
HKScan Corporation
Jari Latvanen
President and CEO
For further details, kindly contact Jari Latvanen, President and CEO or Tuomo Valkonen, CFO, HKScan Corporation. Please submit a call-back request via Marja-Leena Dahlskog, SVP Communications, marja-leena.dahlskog(at)hkscan.com or tel. +358 10 570 2142.
HKScan is the leading Nordic meat expert. We produce, market and sell high-quality, responsibly-produced pork, beef, poultry and lamb products, processed meats and convenience foods under strong brand names. Our customers are the retail, food service, industrial and export sectors, and our home markets comprise Finland, Sweden, Denmark and the Baltics. We export to close to 50 countries. In 2015, HKScan had net sales of approximately EUR 1.9 billion and some 7 400 employees.
DISTRIBUTION: Nasdaq Helsinki Ltd., Main media, www.hkscan.com