Mandatum plc: Disclosure Under Chapter 9 Section 5 of the Securities Market Act (Altor Fund Manager AB)
Mandatum Plc, Stock exchange release, 13 January 2025 at 20:00 EET
Mandatum plc (Business ID 3355142-3) has received a notification, pursuant to Chapter 9, Section 5 of the Finnish Securities Markets Act, that the breakdown of Altor Fund Manager AB’s (registration number 556962-9149, Sweden) and its funds’ direct or indirect holding of the shares and votes in Mandatum plc has changed.
Altor Invest 8 AS has on 13 January 2025 converted 100,000 financial instruments under the swap into shares by way of physical settlement. The total number of (i) the shares and voting rights held directly and (ii) the shares and voting rights held through financial instruments remains unchanged. Altor Invest 8 AS has on 13 January 2025 extended the expiration date and exercise/conversion period of the swap from 13 February 2025 to 1 August 2025.
Total positions of Altor Fund Manager AB, and its funds subject to the notification:
|
|
% of shares and voting rights (total of A) |
% of shares and voting rights through financial instruments (total of B) |
Total of both in % (A+B) |
Total number of shares and voting rights of issuer |
|
Resulting situation on the date on which threshold was crossed or reached |
10.01% |
6.58% |
16.59% |
502,696,752 |
|
Positions of previous notification (if applicable) |
9.99% |
6.60% |
16.59% |
|
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 |
Direct |
Indirect |
|
FI4000552526 |
50,300,000 (Altor Invest 8 AS) |
50,300,000 (Altor Fund Manager AB) |
10.01% (Altor Invest 8 AS) |
10.01% (Altor Fund Manager AB) |
|
SUBTOTAL A |
50,300,000 |
10.01% |
||
B: Financial instruments according to SMA 9:6a
|
Type of financial instrument |
Expiration date |
Exercise/Conversion Period |
Physical or cash settlement |
Number of shares and voting rights |
% of shares and voting rights |
|
Swap |
1.8.2025 |
1.8.2025 |
Physical settlement |
33,078,580 |
6.58% |
|
|
|
|
|
|
|
|
|
|
|
SUBTOTAL B |
33,078,580 |
6.58% |
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 |
|
Altor Fund Manager AB |
0.00 |
0.00 |
0.00 |
|
Altor Fund VI (No. 1) AB |
0.00 |
0.00 |
0.00 |
|
Altor Fund VI (No. 2) AB |
0.00 |
0.00 |
0.00 |
|
Altor Invest 8 AS |
10.01 |
6.58 |
16.59 |
Additional information
Investor enquiries:
Lotta Borgström
VP, Investor Relations
Tel. +358 50 022 1027
lotta.borgstrom(a)mandatum.fi
Media enquiries:
Niina Riihelä
SVP, Communications, brand and sustainability
Tel. +358 40 728 1548
niina.riihela(a)mandatum.fi
Mandatum in brief
Mandatum is a major financial services provider that combines expertise in wealth management and life insurance. Mandatum offers clients a wide array of services covering asset and wealth management, savings and investment, compensation and rewards as well as pension plans and personal risk insurance. Mandatum offers services to corporate, retail, institutional and wealth management clients. At the centre of Mandatum's success are highly skilled personnel, a strong brand as well as a proven investment track record. mandatum.fi/en/group
Distribution:
Nasdaq Helsinki
Financial Supervisory Authority
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