Musti Group Plc: Announcement of a change in shareholding according to Chapter 9, Section 10 of the Finnish Securities Market Act
Stock Exchange Release 13 August 2020, at 1:50 p.m.
Musti Group Plc (the “Company”) has today received a notification in accordance with the Chapter 9, Section 5 of the Finnish Securities Markets Act from Investment AB Öresund (publ) (”Investment AB Öresund”), according to which Investment AB Öresund’s holding of the shares and votes of the Company increased above the threshold of 5 percent on 13 August 2020.
Investment AB Öresund holds a total of 1,710,309 shares corresponding to an ownership of 5.10 percent in the Company’s shares and votes.
Total positions of Investment AB Öresund 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 | 5.10 | N/A | 5.10 | 33,535,453 |
| Position of previous notification (if applicable) | N/A | N/A | N/A | N/A |
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 | 1,710,309 | N/A | 5.10 | N/A |
| SUBTOTAL A | 1.710.309 | 5.10 | ||
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 |
Additional information
Robert Berglund, CFO, Musti Group Plc, tel. +358 50 534 8657, robert.berglund@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 247 million in the financial year 2019. At the end of the financial year 2019, the company had 1,100 employees, over one million loyal customers and 277 stores.