IXONOS: NOTIFICATION OF MAJOR SHAREHOLDINGS AND VOTING RIGHTS IN IXONOS PLC UNDER PROVISIONS OF CHAPTER 9 SECTION 5 OF THE SECURITIES MARKETS ACT


Helsinki, Finland, 2015-01-19 17:00 CET (GLOBE NEWSWIRE) -- Ixonos Plc          Stock Exchange Release          19 January 2015 at 18:00
 

IXONOS: NOTIFICATION OF MAJOR SHAREHOLDINGS AND VOTING RIGHTS IN IXONOS PLC UNDER PROVISIONS OF CHAPTER 9 SECTION 5 OF THE SECURITIES MARKETS ACT

Ixonos Plc (“Ixonos” or “Company”) has received both Turret Oy Ab’s (“Turret”) and Holdix Oy Ab’s (“Holdix”) notifications of major holdings and proportions of voting rights in the Company in accordance with Chapter 9 Section 5 of the Finnish Securities Markets Act.

The underwriting (“Underwriting”) given by the company to be jointly governed by Turret and Holdix (“Subscriber”) may lead to the Subscriber’s share of the total amount of Ixonos’s shares and voting rights exceeding 30 or 50 per cent or the 2/3 threshold of ownership. The realisation of the Underwriting requires that certain terms are met.

Ixonos reported on 16 January 2015 that it prepares strengthening its financial standing and balance sheet structure by an arrangement (“Arrangement”), which contains a plan on a directed share issue (“Directed Share Issue”) as well as loan facilities. In the Directed Share Issue, at most 96 670 000 new shares (“Shares”) would be offered for subscription by the Subscriber on market terms. In connection with carrying out the Arrangement, both Turret and Holdix would transfer Ixonos’s shares previously in their direct ownership under the Subscriber’s ownership.

The Directed Share Issue and other related planned arrangements would, if realised in full, lead to the Subscriber, after the Arrangement, owning approximately 145 674 755 shares and votes, which is equivalent to 71.8 per cent of the Company’s shares and votes, after the Shares were entered into the Trade Register. This, in turn, would mean that the Subscriber would, under the Securities Markets Act, be obligated to launch a mandatory public takeover bid for the rest of the Company’s shares and the securities issued by the Company entitling to its shares.

Turret holds altogether 29 586 244 shares in Ixonos on 19 January 2015, which is equivalent to approximately 27.83 per cent of the total amount of Ixonos’s shares and votes.

Holdix holds altogether 19 421 844 shares in Ixonos on 19 January 2015, which is equivalent to approximately 18.27 per cent of the total amount of Ixonos’s shares and votes.

The share capital of Ixonos comprises altogether 106 313 536 shares and votes on 19 January 2015.
 

 

Ixonos Plc

Mikael Nyberg

Chief Financial Officer

 

For more information, please contact

Ixonos Plc, Mikael Nyberg, CFO, tel. +358 40 501 4401, mikael.nyberg@ixonos.com

 

Distribution:
NASDAQ OMX Helsinki
Main media

www.ixonos.com


Attachments

Ixonos_Flagging 19 1 2015 (Turret and Holdix) ENG.pdf