Pihlajalinna Oyj:Flagging notification in accordance with

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News Desk 2018
Pihlajalinna Oyj:Flagging notification in accordance with Chapter 9, Section 5 of the Securities Markets Act

Pihlajalinna Oyj Stock Exchange release 15 December at 10.15 a.m. (EET)

Flagging notification in accordance with Chapter 9, Section 5 of the Securities Markets Act

Pihlajalinna Plc ("Pihlajalinna") has received a notification pursuant to Chapter 9, Section 5 of the Securities Markets Act from Sentica Buyout III GP Oy (business ID 2126931-6) and Sentica Buyout III Ky (business ID 2237279-6).

According to the notification, Sentica Buyout III Ky and Sentica Buyout III Co-Investment Ky (business ID 2237018-4) (together referred to as the "Funds") have sold a total number of 1,500,000 shares in connection with Pihlajalinna's share issue executed on the basis of an accelerated book building process (the "Share Sale"). In connection with the completion of the Share Sale, Sentica Buyout III Ky's direct ownership of the shares and voting rights in Pihlajalinna fell below the 20 % threshold. According to the notification, in the same connection Sentica Buyout III GP Oy's indirect ownership through the Funds fell below the 20 % threshold of all the shares and voting rights in Pihlajalinna.

As a result of the Share Sale, Sentica Buyout III Ky holds in the aggregate 3,403,266 shares and votes in Pihlajalinna, amounting approximately to 17.81 per cent of all the shares and votes in Pihlajalinna, and Sentica Buyout III Co-Investment Ky in the aggregate 132,724 shares and votes, amounting approximately to 0.69 per cent of all the shares and votes in Pihlajalinna.

The general partner of Sentica Buyout III Ky and Sentica Buyout III Co-Investment Ky is Sentica Buyout III GP Oy, which exercises the power of decision in the Funds. The investment management functions for both of the Funds have been transferred to Sentica Partners Oy based on a separate investment management agreement.

Pihlajalinna has a total of 19,113,146 shares. Each share entitles its holder to one (1) vote.

 

PIHLAJALINNA OYJ

Further information:

Terhi Kivinen, SVP Communications, Marketing and IR, Tel. +358 40 848 4001, terhi.kivinen@pihlajalinna.fi

Distribution

Nasdaq OMX Helsinki

Key media

investors.pihlajalinna-konserni.fi   

HUG#1973479

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