SAMPO PLC STOCK EXCHANGE RELEASE 23 October 2008 at 9.20am
DISCLOSURE UNDER CHAPTER 2 SECTION 9 OF THE SECURITIES MARKET ACT
Sampo plc (business code 01422113-3) has on 22 October received the following
disclosure in accordance with Chapter 2 Section 9 of the Securities Market Act
regarding Sampo plc's shares. The State of Finland and Solidium Oy (Business ID
0866693-1) announce an arrangement that, if completed, will lead to a situation
in which the portions of holdings of the State of Finland will decrease below
and the portions of holdings of Solidium Oy will increase above the thresholds
as intended in Chapter 2, Section 9 of the Securities Markets Act in Sampo.
SAMPO PLC
Jarmo Salonen
Head of Investor Relations and Group Communication
tel. +358 10 516 0030
Distribution:
NASDAQ OMX Helsinki
The principal media
Financial Supervision
Insurance Supervisory Authority
www.sampo.com
DISCLOSURE
To those listed under ‘Distribution'
DISCLOSURE UNDER CHAPTER 2 SECTION 9 OF THE SECURITIES MARKET ACT
The State of Finland and Solidium Oy (Business ID 0866693-1) announce an
arrangement that, if completed, will lead to a situation in which the portions
of holdings of the State of Finland will decrease below and the portions of
holdings of Solidium Oy will increase above the thresholds as intended in
Chapter 2, Section 9 of the Securities Markets Act in the companies mentioned
below whose shares have been accepted for public trading.
On 21 October 2008, the Council of State decided to propose to the Parliament
that the state-owned equities in eight listed companies, i.e. Kemira Oyj, Metso
Corporation, Rautaruukki Corporation, Outokumpu Oyj, Sampo plc, Sponda Plc,
Stora Enso Oyj and TeliaSonera AB (publ) be transferred to Solidium Oy, an
entirely state-owned company. According to current information, the State will
transfer its shares to Solidium Oy as a contribution in kind in compliance with
the Limited Liability Companies Act. The matter will be submitted for
parliamentary decision in connection with the 2008 supplementary budget, which
the Council of State yesterday decided to propose to the Parliament.
The arrangement will take place if the Parliament approves the above-mentioned
Council of State proposal and when the exemption order granted by the Financial
Supervision Authority to Solidium Oy has come into legal effect. The Financial
Supervision Authority has granted Solidium Oy an exemption order from the
obligation that would otherwise arise, to make a public offer to purchase the
shares in Outokumpu Oyj, Rautaruukki Corporation and Sponda plc other than those
transferred in this context.
The shares transferred to Solidium Oy and the portions of holdings they
represent in the respective companies are as follows:
• Kemira Oyj 20,656,500 shares, portion of holdings 16.52%;
• Metso Corporation 15,695,287 shares, portion of holdings 11.07%;
• Outokumpu Oyj 56,440,597 shares, portion of holdings 31.11%;
• Rautaruukki Corporation 55,656,699 shares, portion of holdings 39.69%;
• Sampo plc 79,280,080 shares, portion of holdings 13.86%;
• Sponda Plc 38,065,498 shares, portion of holdings 34.28%;
• Stora Enso Oyj 97,079,438 shares, portion of holdings 12.30%;
• TeliaSonera AB (publ) 616,128,221 shares, portion of holdings 13.72%.
Helsinki, 22 October 2008
State of Finland, Solidium Oy
as represented by the Prime Minister's Office
DISTRIBUTION Financial Supervision Authority
Kemira Oyj
Metso Corporation
Outokumpu Oyj
Rautaruukki Corporation
Sampo plc
Sponda Plc
Stora Enso Oyj
TeliaSonera AB (publ)