NoHo Partners Plc: Flagging notification in accordance with Chapter 9, Section 10 of the Securities Markets Act
NoHo Partners Plc
STOCK EXCHANGE RELEASE 20 September 2019 at 14:00
FLAGGING NOTIFICATION IN ACCORDANCE WITH CHAPTER 9, SECTION 10 OF THE SECURITIES MARKETS ACT
NoHo Partners Plc (Business ID 1952494-7) has on 20 September 2019 received a flagging notification under Section 9(5) of the Securities Markets Act, according to which the shareholding of Mikko Aartio, PIMU Capital Oy fully owned by him and Eiramax Oy in which he is a partner of NoHo Partners Plc's share capital and votes has decreased to 13.18 per cent on 19 September 2019.
Mikko Aartio owns 100 per cent of PIMU Capital Oy and 70 per cent of Eiramax Oy.
The holding of Mikko Aartio, PIMU Capital Oy and Eiramax Oy as described in the notification:
| % of shares and votes | % of shares and votes through financial instruments | Total percentage | Total number of shares and votes of target company | |
| Share after reaching or breaking the flagging threshold | 13.18 | 0 | 13.18 | 19,008,690 |
| Share communicated in the previous notification of major shareholding (if flagged) | 18.87 | 0 | 18.87 |
Information on holdings and proportion of voting rights after breaking the flagging threshold:
A: Shares and votes
| Shares series / share type | Number of shares and votes | Percentage of shares and votes | ||
| Direct (SMA 9(5)) | Indirect (SMA 9(6) and 9(7)) | Direct (SMA 9(5)) | Indirect (SMA 9(6) and 9(7)) | |
| FI4000064332 | 9,596 | 2.496,124 | 0.05 | 13.13 |
| A Total | 2.505,720 | 13.18 | ||
Information in relation to the person subject to the notification obligation:
Full chain of controlled undertakings through which the shares, voting rights or the financial instruments are effectively managed starting with the ultimate controlling natural person or legal entity:
| Name | % of shares and voting rights | Shares, voting rights and financial instruments in total |
| Mikko Aartio | 0.05 | 0.05 |
| PIMU Capital Oy | 13.11 | 13.11 |
| Eiramax Oy | 0.02 | 0.02 |
NoHo Partners Plc's share capital consists of 19,008,690 shares and votes. NoHo Partners Plc has one series of shares, and each share carries one vote.
Additional information:
Jarno Suominen, CFO, NoHo Partners Plc, tel. +358 40 721 5655
Distribution:
Nasdaq Helsinki
Major media
www.noho.fi
NoHo Partners Plc is a Finnish group established in 1996, specialising in restaurant services. The company, which was listed on NASDAQ Helsinki in 2013 and became the first Finnish listed restaurant company, has continued to grow strongly throughout its history. The Group companies include some 220 restaurants in Finland, Denmark and Norway. Well-known restaurant concepts of the company include Elite, Savoy, Teatteri, Yes Yes Yes, Stefan’s Steakhouse, Palace, Löyly, Hanko Sushi and Cock’s & Cows. In 2018, NoHo Partners Plc’s turnover was MEUR 323.2 and EBIT MEUR 7.2. Depending on the season, the Group employs approximately 4,500 people converted into full-time workers. NoHo Partners Plc’s associated company Smile Henkilöstöpalvelut Oyj employed approximately 10,000 people during the 2018 financial period.
NoHo Partners corporate website: www.noho.fi
NoHo Partners consumer websites: www.ravintola.fi and www.royalravintolat.fi