Tokmanni Group Corporation: Announcement of a change in shareholding according to Chapter 9, Section 10 of the Finnish Securities Market Act

Tokmanni Group Corporation        Stock exchange release        21 August 2020 at 2:30 pm

Tokmanni Group Corporation has received a notification pursuant to Chapter 9, Section 5 of the Securities Markets Act from Varma Mutual Pension Insurance Company. According to the notification the holding of Varma Mutual Pension Insurance Company in the Tokmanni’s shares and votes has decreased under 5% on 20 August 2020.

After the transaction, Varma Mutual Pension Insurance Company holds 2,860,526 Tokmanni’s shares, which is 4.86% of Tokmanni’s shares and voting rights. Each share entitles its holder to one (1) vote.

Total positions of Varma Mutual Pension Insurance Company:

% of shares and
voting rights
% of shares and
voting rights through
financial
instruments
Total number of
shares and voting
rights of issuer
Total number of
shares and
voting rights of
Tokmanni Group
Corporation
Resulting situation on
the date on which
threshold was crossed
or reached
4.86% 4.86% 58,868,752

Notified details of the resulting situation on the date on which the threshold was crossed:

Shares and voting rights

Class/type of shares Number of shares and voting rights % of shares and voting rights
ISIN code
FI 4000197934
Direct
(SMA 9:5)
Indirect
(SMA L 9:6 and 9:7)
Direct
(SMA 9:5)
Indirect
(SMA 9:6 and 9:7)
Total 2,860,526 4.86%

For more information

Maarit Mikkonen, Head of IR and Communications, tel. +358 40 562 2282

Tokmanni in brief

Tokmanni is the largest general discount retailer in Finland measured by number of stores and revenue. In 2019, Tokmanni’s revenue was EUR 944.3 million and it had approximately 3,700 employees. Tokmanni is the only nationwide general discount retailer in Finland, with almost 200 stores across Finland.

Distribution

Nasdaq Helsinki
Key Media

About Us

Tokmanni is Finland’s leading discount retailer chain. Some 3,600 Tokmanni employees make customers’ everyday life and special occasions easier by offering a versatile and up-to-date assortment of Finnish and international brand-name products and other high-quality products at prices that are always affordable. With nearly 200 stores around Finland and an online store, Tokmanni is always close to its customers. Tokmanni’s revenue in 2018 amounted to EUR 870.4 million. Tokmanni's shares are listed on Nasdaq Helsinki.

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