Announcement of a change in shareholding according to Chapter 9, Section 10 of the Finnish Securities Market Act
Announcement of a change in shareholding according to Chapter 9, Section 10 of the Finnish Securities Market Act
Musti Group plc Stock Exchange Release 6 March 2024 at 9.00 a.m.
Musti Group plc (the “Company”) has on 5 March 2024 received a notification in accordance with the Chapter 9, Section 5 of the Finnish Securities Markets Act from Efanor Investimentos, SGPS S.E., according to which the holding of Flybird Holding Oy (“Sonae”) of the shares and votes of the Company increased above the threshold of 50 percent on 5 March 2024.
Sonae holds a total of 17,181,593 shares rights corresponding to an ownership of 51.23 percent of the Company’s shares.
Total positions of Sonae according 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 | 51.23 | - | 51.23 | 33,535,453 |
| Position of previous notification (if applicable) | 15.85 | - | 15.85 | 33,535,453 |
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 | 17,181,593 | N/A | 51.23 |
| SUBTOTAL A | N/A | 17,181,593 | N/A | 51.23 |
B: Financial instruments according to the Finnish Securities Market Act 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 |
| N/A | |||||
| SUBTOTAL B | N/A | N/A |
Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held:
| Name | % of shares and voting rights | % of shares and votingrights throughfinancial instruments | Total of both |
| Efanor Investimentos, SGPS, S.E. | 0 | 0 | 0 |
| Sonae - SGPS, S.A. | 0 | 0 | 0 |
| Sonae Holdings, S.A. | 0 | 0 | 0 |
| Flybird Holding Oy | 51.23 | 0 | 51.23 |
Additional information
Martin Svedholm
Director, Treasury and Investor Relations
tel. +358 50 579 0324, martin.svedholm@mustigroup.com
Musti 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 426 million in the financial year 2023. At the end of the financial year 2023, the company had 1,643 employees, 1.5 million loyal customers and 342 stores.