Remedy Entertainment Plc: Working Capital Advisors (UK) Ltd’s shareholding in Remedy has gone below the 5 percent threshold
Remedy Entertainment Plc Stock Exchange Release April 26, 2024, at 11:00 a.m. EEST
Working Capital Advisors (UK) Ltd’s shareholding in Remedy has gone below the 5 percent threshold
Remedy Entertainment Plc has on April 25, 2024 received a notification under Chapter 9, Section 5 of the Finnish Securities Markets Act according to which Working Capital Advisors (UK) Ltd’s indirect shareholding of Remedy shares and voting rights has gone below the 5 percent threshold on April 24, 2024.
According to the notification, Working Capital Advisors (UK) Ltd’s indirect shareholding in Remedy has decreased to 0 shares, corresponding to 0.00 percent of Remedy’s shares and voting rights. Remedy’s registered total number of shares and voting rights amounting to 13,552,651 has been used in the calculation of percentages for the notification.
Total positions of Working Capital Advisors (UK) Ltd through the shareholder:
|
|
% 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 |
0.00% |
0.00% |
0.00% |
13,552,651* |
|
Position of previous notification (if applicable) |
Not applicable** |
|
|
|
* Information supplemented by Remedy Entertainment Plc.
** Information supplemented by Remedy Entertainment Plc. The position had reached the flagging threshold before the shares were listed to the official list of Nasdaq Helsinki.
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 |
||
|
Direct |
Indirect |
Direct |
Indirect |
|
|
FI4000251897 |
0 |
|
0.00% |
|
|
SUBTOTAL A |
0 |
0.00 |
||
B: Financial Instruments according to SMA 9:6a
|
Type of financial instrument |
Expiration |
Exercise/ |
Physical or cash settlement |
Number of shares and voting rights |
% of shares and voting rights |
|
Not applicable |
|
|
|
|
|
|
|
SUBTOTAL B |
|
|
||
Full chain of controlled undertakings through which the shares, voting rights and/or financial instruments are effectively held starting with the ultimate controlling legal entity:
|
Name |
% of shares and voting rights |
% of shares and voting rights through financial instruments |
Total of both |
|
Working Capital Partners, Ltd |
0.00% |
0.00% |
0.00% |
|
High Street Partners, Ltd |
0.00% |
0.00% |
0.00% |
More information
Veli-Pekka Puolakanaho, Head of Corporate Development and IR
Phone: +358 50 430 0936
Email: veli-pekka.puolakanaho@remedygames.com
Liisa Eloranta
Senior Investor Relations Specialist
Phone: +358 50 4334 992
liisa.eloranta@remedygames.com
Remedy in brief
Remedy Entertainment Plc is a pioneering, globally renowned video game company founded in 1995 and headquartered in Finland with an office in Stockholm, Sweden. Known for its story-driven and visually stunning action games, Remedy has created multiple successful, critically acclaimed franchises such as Control, Alan Wake and Max Payne. Remedy also develops its own Northlight game engine and tools technology that powers many of its games. Remedy’s shares are listed on Nasdaq Helsinki’s official list. www.remedygames.com