Nurminen Logistics Plc Stock Exchange Release 18 July 2017 at 14:05
Disclosure under Chapter 9 Section 5 of the Securities Markets Act
Nurminen Logistics Plc (Nasdaq Helsinki: NLG1V) (“Nurminen Logistics”, the “Company”) has 18 July 2017 received a notification in accordance with Chapter 9, Section 5 of the Securities Markets Act (“SMA”) from Ilmarinen Mutual Pension Insurance Company (“Ilmarinen”).
According to the notification, due to the subscription of the convertible hybrid bond between the Company and Ilmarinen, as announced through a separate stock exchange release on 18 July 2017, Ilmarinen has, in accordance with the terms and conditions of the convertible hybrid bond, a possibility to convert the hybrid bond into the Company’s shares during the conversion period of 1 January 2018 to 17 June 2022
Total position of Ilmarinen 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) | |
| Resulting situation on the date on which threshold was crossed or reached | 0 | 28.08 | 28.08 |
| Position of previous notification (if applicable) | - | - | - |
Notified details of the resulting situation on the date on which the threshold was crossed or reached:
B: Financial instruments according to the 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 |
| Convertible hybrid bond | No expiration date | 1 January 2018 – 17 June 2022 | Physical settlement | 4,120,879 | 28.08 |
| SUBTOTAL B | 4,120,879 | 28,08 |
The person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.
Nurminen Logistics Plc
Marko Tuunainen
President and CEO
tel. +10 545 7011
Distribution:
Nasdaq Helsinki
Main Media
Finnish Financial Supervisory Authority
www.nurminenlogistics.com
Nurminen Logistics is a listed company established in 1886 that offers logistics services. The company provides high-quality forwarding, cargo handling and value added services as well as railway transports and related to it project transport services to its customers. The main market areas of Nurminen Logistics are Finland, Russia and its neighbouring countries.