NOTICE PURSUANT TO THE FINNISH SECURITIES MARKET ACT, CHAPTER 2, SECTION 10 REGARDING CHANGE IN OWNERSHIP
SRV GROUP PLC STOCK EXCHANGE RELEASE SEPTEMBER 26, 2007 09:00 A.M. EET
NOTICE PURSUANT TO THE FINNISH SECURITIES MARKET ACT, CHAPTER 2, SECTION 10
REGARDING CHANGE IN OWNERSHIP
SRV Group PLc (“SRV”) has been notified, in accordance with Chapter 2, Section 9
of the Finnish Securities Market Act, of changes in the company's ownership in
connection with the forthcoming execution of the merger between SRV Henkilöstö
Oy:n (”Henkilöstö”) and SRV.
Henkilöstö holds 12,512,000 shares in SRV, corresponding to approximately 32.03
percent of the shares and votes in SRV. The shareholders in Henkilöstö will
receive as merger consideration new shares issued by SRV in relation to their
holdings in Henkilöstö.
The board of directors of SRV has on September 25, 2007 confirmed the number of
shares to be issued as merger consideration in accordance with the terms of the
merger plan to be 10,216,468. The merger will be executed and the new shares
will be entered into the Finnish Trade Register on or about September 28, 2007.
In connection with the merger SRV will receive and will immediately cancel the
12,512,000 shares in SRV held by Henkilöstö without decreasing the share capital
of SRV.
Kolpi Investments Oy (registration number 1990453-6), a company wholly owned by
Ilpo Kokkila, will receive 5,178,129 SRV shares in connection with the merger.
Kolpi Investments Oy has notified SRV on September 25, 2007 that as a result of
the merger and the cancellation of the shares referred to above, the company
will hold over 1/10 (14.08 percent) of the shares and votes in SRV.
Eero Heliövaara will receive 1,904,483 SRV shares in connection with the merger.
Eero Heliövaara has notified SRV on September 25, 2007 that as a result of the
merger and the cancellation of the shares referred to above, he will hold over
1/20 (5.18 percent) of the shares and votes in SRV.
As a result of the merger and the cancellation of the shares referred to above,
the holdings of Kolpi Investments Oy and Eero Heliövaara will be as follows:
Shareholder Number of shares Shares Votes
Kolpi Investments Oy 5.178.129 14,08 % 14,08 %
Eero Heliövaara 1.909.483 5,19 % 5,19 %
In calculating the number of SRV shares, the 10,216,468 new SRV shares to be
issued in connection with the merger have been taken into account. Furthermore,
the 12,512,000 SRV shares to be cancelled by SRV in connection with the merger
have been deducted from this amount. Based on the above, SRV will have a total
of 36,768,468 shares, with an equal amount of votes.
SRV notes that Ilpo Kokkila remains its largest shareholder, who will hold as a
result of the merger and the cancellation of the shares referred to above
directly and through the wholly owned Kolpi Investments Oy a total of 50.94% of
the shares and votes in SRV (altogether 18.730.129 shares).
SRV Group Plc
Eero Heliövaara
CEO
For further information please contact:
Eero Heliövaara, CEO, SRV Group Plc,
tel. +358 (0)20 1455 202
Distribution:
Helsinki Stock Exchange
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