SRV Group Plc: Flagging notification in accordance with Chapter 9, Section 10 of the Securities Markets Act
SRV GROUP PLC STOCK EXCHANGE RELEASE 29 JUNE 2022 9:00 EEST
SRV Group Plc: Flagging notification in accordance with Chapter 9, Section 10 of the Securities Markets Act
SRV Group Plc has received an announcement from Etola Group Oy on 28 June 2022, in accordance with the Finnish Securities Market Act Chapter 9, Section 5. According to the announcement, Etola Group Oy’s, a company controlled by Erkki Etola, holding in SRV Group Plc has on 28 June 2022 decreased below 5% of the total shares and voting rights in SRV Group Plc. Etola Group Oy is a company controlled by Erkki Etola through direct ownership.
Total position of Erkki Etola subject 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 threshold was crossed or reached | 4.59 | - | 4.59 | 679,293,741 |
| Position of previous notification (if applicable) | 5.08 | - | 5.08 | - |
Notified details of the resulting situation on the date on which the threshold was crossed:
A: Shares and voting rights
| Class/type ofsharesISIN code (if possible) | 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) | |
| FI0009015309 | - | 31,205,162 | - | 4.59 |
| SUBTOTAL A | - | 31,205,162 | - | 4.59 |
Information in relation to the person subject to the notification obligation and full chain of controlled undertakings through which the voting rights or the financial instruments are held:
| Name | % of shares and voting rights | % of shares and voting rights through financial instruments | Total of both |
| Erkki Etola | - | - | - |
| Etola Group Oy | 4.59 | - | 31,205,162 |
For further information, please contact:
Anu Tuomola, SVP, General Counsel, tel. +358 50 414 3280, anu.tuomola@srv.fi
Jarkko Rantala, CFO, tel. +358 40 674 1949, jarkko.rantala@srv.fi
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SRV in brief
SRV is a Finnish developer and innovator in the construction industry. We are building a more sustainable and responsible urban environment that fosters economic value and takes into consideration the wellbeing of both the environment and people. We call this approach lifecycle wisdom. Our genuine engagement and enthusiasm for our work comes across in every encounter – and listening is one of our most important ways of working. We believe that the only way to change the world is through discussion.
Our company, established in 1987, is listed on the Helsinki Stock Exchange. We operate in growth centres in both Finland and Russia. In 2021, our revenue totalled EUR 932.6 million. In addition to about 1,000 SRV employees, we have a network of around 3,600 partners.
SRV – Building for life