Silmäasema Oyj: Notification according to Chapter 9, Section 10 of the Securities Market Act: holding of Coronaria Oy, a group company of Cor Group Oy has exceeded 90% in Silmäasema's shares and votes
Silmäasema Oyj
Stock Exchange Release
18 November at 6:31 p.m. EET
Silmäasema Oyj has on November 18, 2019 received a notification under Chapter 9, Section 5 of the Securities Markets Act, according to which the holding of Coronaria Oy, a group company of Cor Group Oy, in Silmäasema's shares and votes has exceeded 90 percent on November 15, 2019.
According to the notification, Cor Group Oy's indirect holding in Silmäasema's shares and votes is 90.14 percent.
Silmäasema Oyj has one series of shares in which each share carries one vote. The aggregate number of shares is 14,248,805.
1. Identity of the issuer: Silmäasema Oyj
2. Reason for the notification: An acquisition of shares or voting rights
3. Details of person subject to the notification obligation: Cor Group Oy, Oulu, Finland
4. Full name of the shareholder: Coronaria Oy
5. Date on which the threshold was crossed or reached: November 15, 2019
6. Total positions of person subject to the notification obligation:
| % of shares and voting rights (A) | % of shares and voting rights through financial instruments (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 | 90.14 | N/A | 90.14 | 14,248,805 |
| Position of previous notification (if applicable) | 82.55 | N/A | 82.55 |
7. 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 ISIN code | Number of shares and voting rights | % of shares and voting rights | ||
| Direct (SMA 9:5) | Indirect (SMA 9:6 and 9:7) | Direct (SMA 9:5) | Indirect (SMA 9:6 and 9:7) | |
| FI4000243399 | N/A | 12,843,475 | N/A | 90.14 |
| Subtotal A | 12,843,475 | 90.14 | ||
Other information provided in the notification
| 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 |
| Cor Group Oy | 0 | N/A | 0 |
| Coronaria Oy | 90.14 | N/A | 90.14 |
SILMÄASEMA OYJ
For further information, please contact:
CFO Sari Nordblad, tel. +358 50 552 7247
Niina Streng, Head of Communications and Investor Relations, tel. +358 50 322 5195
Silmäasema is a Finnish company, which offers all products and services for optical retail and eye healthcare nationwide. Silmäasema is the largest private eye clinic provider offering eye surgeries and the second largest optical retail chain in Finland. The Silmäasema chain has nearly 150 stores and 13 eye clinics in Finland as well as eight stores in Estonia. The Silmäasema chain employs over 1,000 eye healthcare professionals. The Silmäasema Group’s net sales were EUR 122.9 million in 2018 and adjusted EBITDA was EUR 11.8 million.