Kojamo plc: 10 largest shareholders after the completion of the Initial Public Offering

Kojamo plc: 10 largest shareholders after the completion of the Initial Public Offering

Stock Exchange Release June 20, 2018, at 4.30 pm

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.

The ten largest registered shareholders of the Kojamo plc's (the "Company") and their shares of ownership after the completion of the Initial Public Offering are shown in the table below (source: Euroclear Finland Ltd, June 19, 2018).

Shareholder Number of Shares Percentage of Shares and Votes1
The Finnish Industrial Union 30,424,223 12.3
Ilmarinen Mutual Pension Insurance Company2 29,603,392 12.0
Varma Mutual Pension Insurance Company3 27,809,259 11.3
Trade Union for the Public and Welfare Sectors 16,423,576 6.6
Finnish Construction Trade Union 15,635,330 6.3
Trade Union PRO 14,143,481 5,7
Service Union United PAM 14,082,216 5.7
Trade Union of Education in Finland 14,039,068 5.7
The Finnish Electrical Workers' Union 2,704,781 1.1
Union of Health and Social Care Professionals TEHY 2,479,419 1.0
Ten largest registered shareholders, in total 167,344,745 67.7
Other Shareholders4 79,799,654 32.3
In total 247,144,399 100.0%
1 The Company has a single series of shares, and each share entitles its holder to one vote in the General Meeting of Shareholders of the Company. Percentages are rounded numbers.
2 Ilmarinen Mutual Pension Insurance Company ("Ilmarinen") and Nordea Bank Ab (publ), Finnish branch ("Nordea") have entered into a share lending agreement in connection with the Initial Public Offering of the Company on June 15, 2018, according to which Ilmarinen has on June 19, 2018 lent 4,398,331 existing shares in the Company to Nordea. The registered holdings of Ilmarinen, which amounts to 29,603,392 shares, does not include the lent shares.
3 Varma Mutual Pension Insurance Company ("Varma") and Nordea have entered into a share lending agreement in connection with the Initial Public Offering of the Company on June 15, 2018, according to which Varma has June 19, 2018 lent 4,131,767 existing shares in the Company to Nordea. The registered holdings of Varma, which amounts to 27,809,259 shares, does not include the lent shares.
4 Out of other shareholders, 58,053,175 shares, representing 23.5 percent of shares and votes, are nominee registered.

The ten largest registered shareholders of the Company and their shares of ownership before the Initial Public Offering are shown in the table below.

Shareholder Number of Shares Percentage of Shares and Votes1
Ilmarinen Mutual Pension Insurance Company 41,480,356 18.1
Varma Mutual Pension Insurance Company 38,966,411 17.0
The Finnish Industrial Union 37,115,990 16.2
Trade Union for the Public and Welfare  Sectors 20,035,920 8.7
Finnish Construction Trade Union 19,074,300 8.3
Trade Union PRO 17,254,321 7.5
Service Union United PAM 17,179,580 7.5
Trade Union of Education in Finland 17,126,942 7.5
Union of Health and Social Care Professionals TEHY 3,179,360 1.4
The Finnish Electrical Workers' Union 2,704,781 1.2
Ten largest registered shareholders, in total 214,117,961 93.4
Other Shareholders 15,361,399 6.7
In total 229,479,360  100.0 %
1 The Company has a single series of shares, and each share entitles its holder to one vote in the General Meeting of Shareholders of the Company. Percentages are rounded numbers.

Additional information

Jani Nieminen, CEO of Kojamo, +358 20 508 3201   

Erik Hjelt, CFO of Kojamo, +358 20 508 3225   

Kojamo is Finland's largest private residential real estate company and a frontrunner in rental housing business. Our mission is to create better urban housing. We operate in Finland's most significant growth centres and our Lumo brand provides rental housing and new services for urban housing. We actively develop the value and number of our investment properties by developing new properties and our existing property portfolio. We want to be the property market frontrunner and the number one choice for our customers. For more information, please visit kojamo.fi/en/

Important information

The information contained in this announcement is for background purposes only and does not purport to be full or complete. No reliance may be placed for any purpose on the information contained in this announcement or its accuracy, fairness or completeness. The information in this announcement may be subject to change.

The information contained herein is not for publication or distribution, directly or indirectly, in or into the United States. These written materials do not constitute an offer of securities for sale in the United States, nor may the securities be offered or sold in the United States absent registration or an exemption from registration as provided in the U.S. Securities Act of 1933, as amended, and the rules and regulations thereunder. The securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended.

The issue, exercise or sale of securities in the offering are subject to specific legal or regulatory restrictions in certain jurisdictions. Neither the Company nor the Managers assume any responsibility in the event there is a violation by any person of such restrictions.

The information contained herein shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities referred to herein in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction. Investors must neither accept any offer for, nor acquire, any securities to which this document refers, unless they do so on the basis of the information contained in the applicable offering document prepared by the Company.

The Company has not authorized any offer to the public of securities in any Member State of the European Economic Area other than Finland. With respect to each Member State of the European Economic Area other than Finland and which has implemented the Prospectus Directive (each, a "Relevant Member State"), no action has been undertaken or will be undertaken to make an offer to the public of securities requiring publication of a prospectus in any Relevant Member State. As a result, the securities may only be offered in Relevant Member States (a) to any legal entity which is a qualified investor as defined in the Prospectus Directive; or (b) in any other circumstances falling within Article 3(2) of the Prospectus Directive. For the purposes of this paragraph, the expression an "offer of securities to the public" means the communication in any form and by any means of sufficient information on the terms of the offer and the securities to be offered so as to enable an investor to decide to exercise, purchase or subscribe the securities, as the same may be varied in that Member State by any measure implementing the Prospectus Directive in that Member State and the expression "Prospectus Directive" means Directive 2003/71/EC (and amendments thereto, including the 2010 PD Amending Directive, to the extent implemented in the Relevant Member State), and includes any relevant implementing measure in the Relevant Member State and the expression "2010 PD Amending Directive" means Directive 2010/73/EU.

This communication does not constitute an offer of the securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the securities. This communication is directed only at (i) persons who are outside the United Kingdom, or (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as "relevant persons"). Any investment activity to which this communication relates will only be available to and will only be engaged with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

None of the Managers or any of their respective affiliates, directors, officers, employees, advisers or agents accepts any responsibility or liability whatsoever for/or makes any representation or warranty, express or implied, as to the truth, accuracy or completeness of the information in this announcement (or whether any information has been omitted from the announcement) or any other information relating to the Company, its subsidiaries or associated companies, whether written, oral or in a visual or electronic form, and howsoever transmitted or made available or for any loss howsoever arising from any use of this announcement or its contents or otherwise arising in connection therewith.

The Managers are each acting exclusively for the Company and for no-one else in connection with any transaction mentioned in this announcement and will not regard any other person (whether or not a recipient of this announcement) as a client in relation to any such transaction and will not be responsible to any other person for providing the protections afforded to their respective clients, or for advising any such person on the contents of this announcement or in connection with any transaction referred to in this announcement. The contents of this announcement have not been verified by the Managers.

This announcement does not constitute a recommendation concerning the Offering. The price and value of securities and any income from them can go down as well as up. Past performance is not a guide to future performance. Information in this announcement or any of the documents relating to the Offering cannot be relied upon as a guide to future performance.

In connection with the Offering, each of the Managers and any of their respective affiliates, acting as investors for their own accounts, may purchase shares and in that capacity may retain, purchase, sell, offer to sell or otherwise deal for their own accounts in such shares and other securities of the Company or related investments in connection with the Offering or otherwise. Accordingly, references in the prospectus to the shares being offered, acquired, sold, placed or otherwise dealt in should be read as including any offer, sale, acquisition, placing or dealing in the shares by any of the Managers and any of their affiliates acting as investors for their own accounts. In addition, certain of the Managers or their affiliates may enter into financing arrangements and swaps in connection with which they or their affiliates may from time to time acquire, hold or dispose of shares. None of the Managers intends to disclose the extent of any such investment or transactions otherwise than in accordance with any legal or regulatory obligations to do so.

No representation or warranty, express or implied, is given by or on behalf of the Managers or any of their respective subsidiary undertakings, affiliates, agents or advisers or any of such persons' affiliates, directors, officers or employees or any other person as to the fairness, accuracy, completeness or verification of the information or the opinions contained in this announcement, and no liability is accepted for any such information or opinions. Each of the Managers or any such persons' directors, officers, employees or affiliates or any other person disclaim all and any responsibility and liability whatsoever, whether arising in tort, contract or otherwise, for any errors, omissions or inaccuracies in such information or opinions or for any loss, cost or damage suffered or incurred howsoever arising, directly or indirectly, from any use of this announcement or its contents or otherwise in connection with this announcement.

About Us

Kojamo is Finland’s largest private residential real estate company and a frontrunner in the rental housing business. Our mission is to create better urban housing. We operate in Finland’s most significant growth centres and our Lumo brand provides rental housing and new services for urban housing with 50 years of experience. We actively develop the value and number of our investment properties by developing new properties and our existing property portfolio. We want to be the property market frontrunner and the number one choice for our customers. Kojamo’s shares are listed on the official list of Nasdaq Helsinki. For more information, please visit kojamo.fi/en/

Subscribe