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Tulikivi Corporation´s flagging annoucements 9 Oc

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Post# of 301275
Posted On: 10/09/2013 9:30:13 AM
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Posted By: News Desk 2018
Tulikivi Corporation´s flagging annoucements 9 October 2013

TULIKIVI CORPORATION                         STOCK EXCHANGE RELEASE

                                                                    9 October 2013,  4.20 p.m.

Flagging announcements 9 October 2013  

On 8 October 2013, Tulikivi Corporation’s Board of Directors decided on a share issue that will offer 22,727,273 new Tulikivi Corporation Series A shares for subscription. The share issue will start on 11 October 2013 and will be completed no later than 17 October 2013. It is estimated that entry of the new shares in the Trade Register will take place on 22 October 2013. 

On 9 October 2013, Tulikivi Corporation  received the following flagging announcements pursuant to Chapter 9, section 5 of the Securities Markets Act concerning the share issue:

  1. An announcement that Heikki Vauhkonen’s holding of Tulikivi Corporation shares will fall to a level below the threshold of 15 per cent of the stock following the share issue being undertaken. Heikki Vauhkonen’s holdings of 1,025,853 Tulikivi Corporation Series A shares and 5,809,500 Series K shares will, after the share issue, correspond to 11.42 per cent of Tulikivi Corporation’s stock and 40.57 per cent of the votes.
  2. An announcement that Mutual Insurance Company Pension Fennia’s holding of Tulikivi Corporation stock will rise to a level that exceeds the threshold of 5 per cent of the stock following the share issue being undertaken.

Mutual Insurance Company Pension Fennia’s holding of 4,545,455 Tulikivi Corporation Series A shares will, after the share issue, correspond to 7.59 per cent of Tulikivi Corporation’s stock and 3.12 per cent of the votes.

TULIKIVI CORPORATION

Heikki Vauhkonen, Managing Director

Distribution: NASDAQ OMX Helsinki Key media www.tulikivi.com

Additional information: Tulikivi Corporation, FIN-83900 Juuka, www.tulikivi.com - Heikki Vauhkonen, Managing Director, tel. +358 (0)207 636 555 - Harri Suutari, Chairman of the Board of Directors, tel. +358 (0)400 384 937  



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