Significant Shareholding Update from Summa Defence Plc

Summa Defence Plc's Shareholding Update Overview
Summa Defence Plc has recently issued a noteworthy company announcement, providing significant updates pertaining to major shareholdings. The disclosure revolves around a flagging notification indicating changes in share ownership that could impact both investor relations and corporate governance.
Details of the Flagging Notification
On a specific date, Summa Defence Plc received notification from Samuli Koskela under the provisions of Chapter 9, Section 5 of the Finnish Securities Markets Act. The notification reveals that Jerovit Investment Oy, which is under Koskela's control, has surpassed the threshold of 5% of the total share capital and voting rights in Summa Defence Plc. This threshold was crossed on the same date the notification was received.
Current Ownership Insights
Summa Defence Plc operates with a single series of shares, with each share granting one vote. The total number of shares currently stands at an impressive 4,567,193,463. The notification presents a detailed overview of both direct and indirect ownership by the shareholders subject to this flagging obligation.
Percentage of Ownership Breakdown
As of the date the threshold was crossed, Jerovit Investment Oy holds approximately 6.85% of the total shares and voting rights. This precise percentage, calculated against the total share count, does highlight the significant influence that this entity may wield in decision-making and governance at Summa Defence Plc.
Key Shareholding Situations
The explicit details regarding the resulting situation are crucial for both existing and potential investors. As detailed in the notifications, the current breakdown of share ownership includes:
- Direct ownership: 0% of total shares
- Indirect ownership: 313,024,143 shares
- Total percentage of ownership: 6.85%
This monitoring of substantial shareholdings falls in line with the regulatory framework designed to ensure transparency and fairness in the market.
Understanding the Voting Rights Landscape
The information pertaining to voting rights and the full chain of control is also vital. The notification must detail the entities and individuals that control the voting rights, reflecting the potential influence on corporate decisions. In this context, Samuli Koskela and Jerovit Investment Oy play significant roles.
Key Figures in the Shareholding Structure
The corporate structure listed in the notification includes:
- Samuli Koskela: No direct shareholding but controls significant entities.
- Jerovit Advisory Oy: Represents a structure underlying investment interests.
- Jerovit Investment Oy: Holds 6.85% of total shares, reflecting its key position.
The relationships among these entities highlight the complex dynamics of ownership and control within Summa Defence Plc.
Corporate Profile of Summa Defence Plc
Understanding the broader context of Summa Defence's business operations is essential. Summa Defence Plc is recognized as a vital player in the defense and security technology sector. The company is actively engaged in supporting industrial growth and enhancing production capabilities, especially amid current geopolitical changes.
Innovation in Defense and Security Technologies
Focusing on dual-use technologies, Summa Defence Plc aims to bolster security across various sectors, including civilian, security, and defense industries. These technologies are crucial for improving situational awareness, mobility, and comprehensive security solutions in times of crisis.
Market Presence and Future Prospects
The company's shares are actively traded on the Nasdaq First North Growth Market in both Sweden and Finland under the tickers SAVOS and SAVOH. This positioning in prominent markets reiterates Summa Defence's ambition to connect with a wider investment audience and enhance capital growth opportunities.
Contact Information
For more information regarding this significant update or general inquiries, interested parties can reach out to:
Jussi Holopainen, CEO
Phone: +358 44 517 4543
Email: jussi.holopainen@summadefence.com
Media inquiries can be directed to:
Tommi Manninen, Chief Communications Officer
Phone: +358 400 437 515
Email: tommi.manninen@summadefence.com
Frequently Asked Questions
What is the significance of the recent flagging notification?
The flagging notification indicates that Jerovit Investment Oy now holds over 5% of the share capital and voting rights, highlighting potential influence on company decisions.
What is the total number of shares for Summa Defence Plc?
The company has a total of 4,567,193,463 shares, each carrying one vote.
How does ownership impact corporate governance?
Ownership structures can significantly influence decision-making processes and strategic directions within a company.
Where can I invest in Summa Defence shares?
Shares are listed on the Nasdaq First North Growth Market in Sweden (SAVOS) and Finland (SAVOH).
Who are the key contact persons for inquiries at Summa Defence?
For inquiries, you can contact Jussi Holopainen, CEO, or Tommi Manninen, Chief Communications Officer, via their provided phone numbers or email addresses.
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