Espoo, Finland, 2017-03-13 16:30 CET (GLOBE NEWSWIRE) --
Aspocomp Group Plc, Company Announcement, March 13, 2017 at 5:30 p.m.
Aspocomp Group Plc (business ID 1547801-5) received on March 13, 2017 a notification of major shareholding, pursuant to the Chapter 9, Section 5 of the Finnish Securities Markets Act from Kyösti Kakkonen, as a result of the implementation of changes to the transparency directive in the Finnish Securities Market Act. According to the notification Kyösti Kakkonen's holdings and voting rights in Aspocomp Group Plc exceeded 10 percent threshold on March 13, 2017.
According to the notification Kyösti Kakkonen's holdings in Aspocomp Group Plc amounted to 955,000 shares on March 13, 2017, which corresponded to 14.70 percent of the total amount of shares and votes in Aspocomp Group Plc.
Total positions of Kyösti Kakkonen subject to the notification:
| % of shares and voting rights | % of shares and voting rights through financial instruments (total of B) | Total of both in % (A+B) | Total number of shares and voting rights of issuer | |
| Resulting situation on the date on which threshold was crossed or reached | 14.70% | 0 | 14.70% | 6,496,505 |
| Position of previous notification (if applicable) | 14.70% | 0 | 14.70% |
Notified details of the resulting situation on the date on which the threshold was crossed or reached:
A: Shares and voting rights
| Class/type of shares | Number of shares and voting rights | % of shares and voting rights | ||
| ISIN code | Direct (SMA 9:5) | Indirect (SMA 9:6 and 9:7) | Direct (SMA 9:5) | Indirect (SMA 9:6 and 9:7) |
| FI0009008080 | 0 | 955 000 | 0 | 14.70% |
| SUBTOTAL A | 0 | 955 000 | 0 | 14.70% |
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 |
| Joensuun Kauppa ja Kone Oy | 11.08%* | 720,000 shares | |
| K22 Finance Oy | 3.62%** | 235,000 shares |
Additional information:
*Kakkonen-Yhtiöt Oy's owns 100 percent of Joensuu Kauppa ja Kone Oy. Mr. Kyösti Kakkonen owns 55.30 percent of Kakkonen-Yhtiöt Oy.
** Kyösti Kakkonen owns 77.78 percent of K22 Finance Oy.
At the date of this release, the total number of shares in Aspocomp Group Plc amounts to 6,496,505 shares. Aspocomp has one series of shares and each share entitles to one voting right.
For further information, please contact Mikko Montonen, CEO,
tel. +358 20 775 6860, mikko.montonen(at)aspocomp.com.
ASPOCOMP GROUP PLC
Mikko Montonen
CEO
Aspocomp – a service company specializing in PCB technologies
Aspocomp specializes in demanding PCB technologies, serving its customers throughout the entire life cycle of a product. Aspocomp sells and manufactures PCBs and also provides related design and logistics services as well as technology solutions. Aspocomp creates value for its customers with unique products and solutions, strong manufacturing and technology expertise, as well as fast and reliable deliveries. A wide network of expert partners together with Aspocomp's own manufacturing enables its customers to cost-effectively buy their PCBs from a single provider over the entire life cycle of a product.
A printed circuit board (PCB) is the principal interconnection method in electronic devices. PCBs are used for electrical interconnection and as a component assembly platform in most electronic applications. Aspocomp's customers are companies that design and manufacture telecom systems and equipment, automotive and industrial electronics, security technology and semiconductor testing systems.