HONKARAKENNE OYJ Stock Exchange Release 4 February 2010 at 15:30 hours
DISCLOSURE NOTIFICATION UNDER CHAPTER 2, SECTION 10 OF THE FINNISH SECURITIES
MARKETS ACT
Honkarakenne Oyj has received the following disclosure notification:
Saarelainen Oy, Saarelainen Sinikka, Saarelainen Reino, Saarelainen Raija,
Saarelainen Erja, Saarelainen Eero, Saarelainen Mauri, Ruuska Pirjo, Saarelainen
Anita, Saarelainen Kari, Saarelainen Paula, Ruponen Helena, Saarelainen Jukka,
Saarelainen Sari and Saarelainen Jari, being parties to a shareholder agreement,
have issued a disclosure notification concerning a decrease in the share of
votes held by them. When the share issue, which was decided by the Board of
Directors of Honkarakenne Oyj on 26 January 2010, was registered in the Trade
Register the aggregate of the votes held by the aforementioned parties was
reduced to less than two-thirds of the votes carried by the total number of
shares.
In 1990 the aforementioned parties concluded a shareholder agreement, which was
amended on 18 February 2009. The agreement commits the parties to uniformity in
voting in Honkarakenne Oyj's General Meetings and restricts the transfer of the
company's A shares to external parties. The agreement is valid until further
notice.
Prior to the arrangement, the aggregate holding of the aforementioned parties,
including their controlling interest company Lieksaare Oy and their underage
children, amounted to 284,029 A shares and 1,301,894 B shares, equating to 42.3%
of total shares and 73.9% of total votes. Following the arrangement, their
aggregate holding is 284,029 A shares and 1,365,554 B shares, equating to 33.3%
of total shares and 66.2% of total votes.
Prior to the arrangement, Saarelainen Oy held 139,100 A shares and 638,800 B
shares, equating to 20.8% of total shares and 36.2% of total votes. Following
the arrangement, Saarelainen Oy holds 139,100 A shares and 702,460 B shares,
equating to 17.0% of total shares and 32.7% of total votes.
Prior to the arrangement, Lieksaare Oy held and it continues to hold following
the arrangement 18,500 A shares and 142,700 B shares, equating to 4.3% of total
shares and 5.4% of total votes prior to the arrangement. Following the
arrangement, Lieksaare Oy has less than 5% of the total shares and votes.
Prior to the arrangement, Saarelainen Sinikka held and she continues to hold
following the arrangement 29,020 A shares and 200 B shares, equating to 0.8% of
total shares and 6.1% of total votes prior to the arrangement. Following the
arrangement, Saarelainen Sinikka has 0.6% of total shares and 5.5% of total
votes.
Honkarakenne Oyj's share capital comprises a total of 4,948,968 shares, of which
300,096 are A shares and 4,648,872 are B shares. Each B share carries one (1)
vote and each A share carries twenty (20) votes. Hence, Honkarakenne's shares in
aggregate carry a total of 10,650,792 votes.
HONKARAKENNE OYJ
Esa Rautalinko
President and CEO
Additional information: President and CEO Esa Rautalinko,
tel. +358 (0)400 740 997, esa.rautalinko@honka.com.
DISTRIBUTION
OMX Helsinki
Key media
Financial Supervisory Authority
www.honka.com
DISCLOSURE NOTIFICATION UNDER CHAPTER 2, SECTION 10 OF THE FINNISH SECURITIES MARKETS ACT
| Source: Honkarakenne Oyj