Notification pursuant to the Finnish Securities Markets Act, Chapter 9, Section 5
RAUTE CORPORATION STOCK EXCHANGE RELEASE JUNE 3, 2016 at 9:30 a.m.
NOTIFICATION PURSUANT TO THE FINNISH SECURITIES MARKETS ACT, CHAPTER 9, SECTION 5
Raute Corporation (Business ID 0149072-6) has received on 2 June 2016 a notification pursuant to Chapter 9, section 5 of the Securities Markets Act according to which the holding of Mr. Goran Sundholm has decreased below 15% of the total number of Raute Corporation's shares, when the increase of Raute Corporation's share capital was entered in the Trade Register on 9 May 2016. The total number of Raute Corporation's shares is 4,162,578 pcs and the total amount of voting rights is 22,994,637 votes.
Total position of Goran Sundholm according to the notification:
| % of shares and voting rights | % of shares and voting rights through financial instruments | Total of both in % | Total number of shares and voting rights of issuer | |
| Resulting situation on the date on which the threshold was crossed or reached | 14.98 % of shares, 2.71 % of votes | - | 14.98 % of shares, 2.71 % of votes | 4,162,578 shares, 22,994,637 votes |
| Position of previous notification (if applicable) | 15.02 % of shares, 2.63 % of votes | - | 15.02 % of shares, 2.63 % of votes |
Notified details of the resulting situation on the date on which the threshold was crossed:
Shares and voting rights
| Class / type of shares ISIN code | Number of shares and voting rights | % of shares and voting rights | ||
| Direct (SMA 9:5) | Indirect (SMA 9:6 and 9:7) | Direct (SMA 9:5) | Indirect (SMA 9:6 and 9:7) | |
| FI0009004741 | 623,423 shares and votes | - | 14.98 % of shares, 2,71 % votes | - |
| Total | 623,423 shares and votes | 14.98 % of shares, 2.71 % of votes | ||
RAUTE CORPORATION
Arja Hakala
Chief Financial Officer
FURTHER INFORMATION:
Ms. Arja Hakala, CFO, Raute Corporation, mobile +358 400 710 387
DISTRIBUTION:
Nasdaq Helsinki Ltd, main media, www.raute.com
RAUTE IN BRIEF:
Raute is a technology and service company that operates worldwide. Raute’s customers are companies operating in the wood products industry that manufacture veneer, plywood and LVL (Laminated Veneer Lumber). The technology offering covers machinery and equipment for the customer’s entire production process. As a supplier of mill-scale projects, Raute is a global market leader both in the plywood and LVL industries. Additionally, Raute’s full-service concept includes technology services ranging from spare parts deliveries to regular maintenance and equipment modernizations. Raute’s head office is located in the Nastola area of Lahti, Finland. Its other production plants are in Kajaani, Finland, the Vancouver area of Canada and in the Shanghai area of China. Raute’s net sales in 2015 were EUR 127.3 million. The Group’s headcount at the end of 2015 was 646.
More information on the company can be found at www.raute.com.