MANDATUM LIFE INSURANCE COMPANY LIMITED'S HOLDING IN SALCOMP DECREASED BELOW 5%


Salo, Finland, 2011-03-09 10:15 CET (GLOBE NEWSWIRE) -- Salcomp Plc     Stock Exchange Release 9 March 2011 at 11:15 Finnish time

 

In accordance with Chapter 2, Section 9 of the Securities Markets Act Salcomp Plc (business ID code 1509923-4) has received the below flagging notification from Sampo plc regarding the changes in the holdings in Salcomp.

 

“NOTIFICATION IN ACCORDANCE WITH CHAPTER 2, SECTION 9 OF THE SECURITIES MARKETS ACT REGARDING CHANGES IN THE HOLDINGS”

 

The portion held by Mandatum Life Insurance Company Limited, belonging to Sampo Group, of the share capital and votes in Salcomp Plc has decreased below 5% as result of the sale of shares on 8 March 2011.  

 

In accordance with Chapter 2, Section 9 of the Securities Markets Act, the following information is disclosed to the Financial Supervisory Authority and Salcomp Plc:

 

1. Name of the target company: Salcomp Plc, business identification number 1509923-4

 

2. The date when the change in the holdings took place: 8 March 2011

 

3. The exact portion of the share capital and votes in Salcomp Plc:

 

 

Company Number of shares Portion of the share capital Portion of the votes
Mandatum Life Insurance Company Limited 0 0% 0%

 

 

The share capital of Salcomp Plc consists of 39,360,840 shares in total which confer 39,360,840 votes in total. The information is based on the information registered with the trade register on 9 March 2011. 

 

4. Name of the shareholder: Mandatum Life Insurance Company Limited, business identification number 0641130-2

 

Helsinki, 9 March 2011

 

SAMPO PLC”

 

Salcomp Plc
 

Markku Hangasjärvi
President and CEO
 

Further information:
Markku Hangasjärvi, President and CEO, tel. +358 40 7310 114
 

Distribution:
NASDAQ OMX, Helsinki
The main media
www.salcomp.com

         Markku Hangasjärvi, President and CEO, tel. +358 40 7310 114