Helsinki, Finland, 2015-12-29 07:15 CET (GLOBE NEWSWIRE) --
PLC UUTECHNIC GROUP OYJ STOCK EXCHANGE RELEASE 29 DECEMBER 2015 at 8:15
DISCLOSURE OF CHANGE IN SHAREHOLDINGS UNDER CHAPTER 9, SECTION 10 OF THE SECURITIES MARKETS ACT
The board of directors of Plc Uutechnic Group Oyj (previous Vaahto Group Plc Oyj) has on 3 September 2015 announced on a rights issue. The new shares were registered with the Trade Register on 28 December 2015. According to information received by Plc Uutechnic Group Oyj, the decision leads to changes in the holdings of shares and votes of Mikko Laakkonen.
The total number of shares and voting rights of Plc Uutechnic Group Oyj is 25 963 210
Notifications of major shareholdings made to Plc Uutechnic Group Oyj:
MIKKO LAAKKONEN, NOTIFICATION OF MAJOR SHAREHOLDINGS
1 Information on the issuer of the shares:
Plc Uutechnic Group Oyj, registered number 0520181-3
2 Reason for the notification:
Registration in the Trade Register of new shares in Plc Uutechnic Group Oyj on 28 December 2015.
3 Full names of those with a notification obligation:
Mikko Laakkonen
4 Date of the transaction and the date when the threshold was exceeded:
The threshold was exceeded when the new shares were registered with the trade register, on 28 December 2015.
5 Exceeded threshold of major shareholdings
Exceeded 30 %
6 Information to be disclosed:
Shares and related voting rights upon completion of the arrangement
Position before the arrangement causing the change
| Number of shares | % of shares | Number of voting rights | % of voting rights |
| 4 000 000 | 25,04 | 4 000 000 | 25,04 |
Position after the arrangement causing the change
| Number of shares | % of shares | Number of voting rights | % of voting rights |
| 8 147 255 | 31,38 | 8 147 255 | 31,38 |
The parties of the financial arrangement of Uutechnic Group: Mikko Laakkonen, Hannu Laakkonen, HML Finance Oy, Jouko Peräaho, Jonni Peräaho, Timo Lindström, Ilona Lindström, and Risto Lindström and Uutechnic Oy have applied to the Financial Supervisory Authority (FIN-FSA) for exemption from the obligation, pursuant to Chapter 11, Section 19 of the Securities Markets Act, to launch a mandatory public tender offer concerning Vaahto Group PLC Oyj’s shares.
On 20 October 2015, the Financial Supervisory Authority granted the applicants exemption from the obligation, pursuant to Chapter 11, Section 26 of the Securities Markets Act, to launch a mandatory public tender offer. Additionally, Mikko Laakkonen, Hannu Laakkonen, and HML Finance Oy have been granted exemption from the obligation to launch a mandatory public tender offer, which could otherwise arise from the underwriting of an issue of shares with pre-emptive subscription rights. The exemptions apply to cases wherein both the threshold of 30% and the 50% threshold for the obligation to launch a mandatory public tender offer are exceeded.
In Helsinki on 29 December 2015
VAAHTO GROUP PLC OYJ
Board of Directors
Additional information:
Sami Alatalo, Vice Chairman of the Board, Plc Uutechnic Group Oyj +358 40 826 2066