HONKARAKENNE OYJ Stock Exchange Release 6 March 2017 at 11:45 a.m.
HONKARAKENNE: NOTICE PURSUANT TO THE FINNISH SECURITIES MARKET ACT, CHAPTER 9, SECTION 5
Honkarakenne Oyj has received the following notification pursuant to Chapter 9, Section 5 of the Finnish Securities Market Act:
The voting rights of Sointu Sinikka Saarelainen’s holding in Honkarakenne shares has fallen below 5 % of total voting rights.
1. Identity of the issuer: Honkarakenne Oyj
2. Reason for the notification:
An event changing the breakdown of shares or voting rights
3. Details of person subject to the notification obligation:
Name: Sointu Sinikka Saarelainen
City and country of residence: Järvenpää, Suomi
5. Date on which the threshold was crossed or reached: 3 March 2017
| 6. Total positions of person(s) subject to the notification obligation: | |||||||
|
% of shares and voting rights (total of 7.A) |
% of shares and voting rights through financial instruments (total of 7.B) |
Total of both in % (7.A + 7.B) | Total number of shares and voting rights of issuer | ||||
| Resulting situation on the date on which threshold was crossed or reached | Shares | Below 5% | Shares | Below 5% | 6211419 shares and 11913243 votes | ||
| votes | Below 5% | votes | Below 5% | ||||
| Position of previous notification (if applicable) | Shares | Below 5% | Shares | Below 5% | |||
| votes | 5,3 % | votes | 5,3 % | ||||
| 7. Notified details of the resulting situation on the date on which the threshold was crossed or reached: | ||||||
| A: Shares and voting rights | Number of shares and voting rights | % of shares and voting rights | ||||
| Class/type of shares ISIN code (if possible) |
Direct (SMA 9:5) |
Indirect (SMA 9:6 and 9:7) |
Direct (SMA 9:5) |
Indirect (SMA 9:6 and 9:7) |
||
| HONBS | Shares | 200 | Below 5% | |||
| Votes | 200 | |||||
| HONAS | Shares | 29020 | Below 5% | |||
| Votes | 580400 | |||||
| A TOTAL | Shares: | 29220 | Shares: | Below 5% | ||
| Votes: | 580600 | Votes: | Below 5% | |||
| 8. Information in relation to the person subject to the notification obligation : | ||||||
|
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity: |
||||||
| Name: | % of shares and voting rights | % of shares and voting rights through financial instruments | Total of both | |||
| Saarelainen Oy | 10,34 % | of shares | 10,34 % | of shares | ||
| 27,58 % | of votes | 27,58 % | of votes | |||
| Saarelainen family members included in Saarelainen shareholder agreement | ||||||
| 6,88 % | of shares | 6,88 % | of shares | |||
| 19,09 % | of votes | 19,09 % | of votes | |||
| of which Sointu Sinikka Saarelainen | Below 5% | of shares | Below 5% | of shares | ||
| Below 5% | of votes | Below 5% | of votes | |||
10. Additional information:
Saarelainen Oy and certain shareholders representing the Saarelainen family signed an amended shareholder agreement on 17 February 2009. The previous shareholder agreement was signed on 21 April 1990. The parties to the agreement agreed that the shareholders will strive to exercise their voting rights unanimously at company meetings. If they are unable to reach consensus, the shareholders will vote in favour of Saarelainen Oy's position.
HONKARAKENNE OYJ
Marko Saarelainen
President and CEO
FURTHER INFORMATION:
Marko Saarelainen, President and CEO, tel. +358 40 542 0254, marko.saarelainen@honka.com
DISTRIBUTION
NASDAQ OMX Helsinki
Key media
Financial Supervisory Authority
www.honka.com