Announcement of a change in shareholding according to Chapter 9, Section 10 of the Finnish Securities Market Act

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Musti Group plc          Stock Exchange Release                        16 November 2020 at 9.00 a.m.  

Announcement of a change in shareholding according to Chapter 9, Section 10 of the Finnish Securities Market Act

Musti Group plc (the "Company") has today received a notification in accordance with the Chapter 9, Section 10 of the Finnish Securities Market Act from EQT Mid Market GP B.V. ("EQT"), according to which Millan Holding S.à.r.l., a company ultimately owned by EQT and its co-investors, has sold a total number of 1,878,862 Company's shares (the "Share Sale"). In connection with the Share Sale, EQT's indirect holding of the shares and votes of the Company has decreased below 5 percent. As a result of the Share Sale, EQT's indirect holding in the Company totals to 0 shares and votes (amounting to 0 percent of all the shares and votes in the Company).

Total positions of EQT according to 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 0 N/A 0 33,535,453
Position of previous notification (if applicable) 5.60 %  N/A 5.60 %

Notified details of the resulting situation on the date on which the threshold was crossed or reached:

A: Shares and voting rights

Class/type of shares Number of shares and voting rights % of shares and voting rights
ISIN code (if possible) Direct
(SMA 9:5)
Indirect
(SMA 9:6 and 9:7)
Direct
(SMA 9:5)
Indirect
(SMA 9:6 and 9:7)
FI4000410758 N/A 0 N/A 0 %
SUBTOTAL A 0 0 %

Information in relation to the person subject to the notification obligation:

Full chain of controlled undertakings through which the shares, voting rights or financial instruments are effectively held (starting with the ultimate controlling natural person orlegal entity):
Name % of shares and voting rights % of shares and voting rights through financial instruments Total of both
EQT Mid Market Limited Partnership 0             0 0
Millan Holding S.à.r.l. 0 % 0 0 %

Additional information

Robert Berglund

CFO

tel. +358 50 534 8657

 

Distribution:

Nasdaq Helsinki
Main media
www.mustigroup.com

Musti Group in brief

Musti makes the life of pets and their owners easier, safer and more fun. We are the leading Nordic pet care company and we operate an omnichannel business model to cater for the needs of pets and their owners across Finland, Sweden and Norway. We offer a wide, curated assortment of pet products. We also provide pet care services such as grooming, training and veterinary services in selected locations.

Musti Group’s net sales were EUR 284 million in the financial year 2020. At the end of the financial year 2020, the company had 1,162 employees, over one million loyal customers and 293 stores.

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