Notification According to Chapter 9, Section 10 of the Finnish Securities Markets Act of Change in Holdings in Caverion Corporation Shares: Fennogens Investments S.A.

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Caverion

29 Nov, 2019, 08:17 GMT

HELSINKI, Finland, Nov. 29, 2019 /PRNewswire/ -- Caverion Corporation Stock exchange release 29 November 2019 at 9.35 a.m. EET.

Notification according to Chapter 9, Section 10 of the Finnish Securities Markets Act of change in holdings in Caverion Corporation shares: Fennogens Investments S.A. 

Caverion Corporation has on 28 November 2019 received a notification under Chapter 9, Section 5 of the Finnish Securities Markets Act, according to which the holding of Caverion Corporation by Fennogens Investments S.A. based in Luxembourg has increased above the thresholds of 5 and 10 per cent on 28 November 2019.

According to the notification, Fennogens Investments S.A. has bought 14,169,850 shares in Caverion Corporation from its 100% owned subsidiary Structor S.A, representing 10.2% of shares and voting rights in Caverion Corporation.

The notification is made following the reorganisation of Ehrnrooth family's shareholding in Caverion, where Structor S.A. has sold its entire shareholding in Caverion to its parent company Fennogens Investments S.A. and other family-owned investment companies. The shareholding in Caverion that was held by Structor S.A. remains fully in the possession of the same ultimate beneficiary owners.

Caverion has one share series, each share entitling to one vote. Caverion's registered total number of shares amounting to 138,920,092 has been used in the calculation of percentages for the notification.

Total positions of person(s) subject to the notification:

% shares and voting rights 

% of shares and voting rights through financial instruments 

% of total  

 

Resulting situation on the date on which threshold was crossed or reached 

 

10.2%

 

0%

 

 

10.2%

 

Position of previous notification (if applicable) 

 

N/A

 

N/A

 

N/A 

Notified details of the resulting situation on the date on which the threshold was crossed:

A: Shares and voting rights: 

 

 

Class/type of shares 

 

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)

 

FI4000062781 

 

14,169,850

 

0

 

10.2%

 

 

0%

 

SUBTOTAL A 

 

14,169,850

10.2%

B: Financial instruments according to SMA 9:6a:

 

Type of
financial instrument 

 

Expiration date 

 

Exercise/
Conversion Period 

 

Physical or
cash settlement 

 

Number of
shares and voting rights 

 

 % of shares and voting rights 

 

N/A 

 

N/A 

 

N/A 

 

N/A

 

N/A

 

N/A 

SUBTOTAL B 

 

N/A 

 

 N/A 

Information relating to the person subject to the notification obligation

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.

CAVERION CORPORATION

Distribution: Nasdaq Helsinki, principal media, www.caverion.com

For further information:

Milena Hæggström
Head of Investor Relations and External Communications
Tel. +358-40-5581-328
milena.haeggstrom@caverion.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/caverion/r/notification-according-to-chapter-9--section-10-of-the-finnish-securities-markets-act-of-change-in-h,c2975803

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