Amer Sports: Notice pursuant to the Finnish Securities

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
27
Amer Sports: Notice pursuant to the Finnish Securities Markets Act, Chapter 9, Section 10

Amer Sports Corporation                                                 
STOCK EXCHANGE RELEASE
May 24, 2018 at 5:45 p.m.

Amer Sports: Notice pursuant to the Finnish Securities Markets Act, Chapter 9, Section 10

Amer Sports Corporation has received a notification from AXA S.A. (city and country of residence: Paris, France) on May 24, 2018, in accordance with the Finnish Securities Markets Act Chapter 9, Section 5.

According to the notification, the proportion of AXA S.A. of the total number of Amer Sports Corporation's shares and voting rights increased above five (5) per cent on May 21, 2018.

Total positions of AXA S.A. according to the notification:

  % of shares and voting rights % of shares and voting rights through financial instruments Total of both in % Total number of shares and voting rights of issuer
Resulting situation on the date on which the threshold was crossed or reached 5.01% 0.25% 5.26% 116,517,285
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 or reached:

A. Shares and voting rights

Class/type of shares
ISIN code
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)
FI0009000285     5,842,821      5.01%
SUBTOTAL A 5,842,821  5.01%

B. Financial instruments according to SMA 9:6

Type of financial instrument Expiration date Exercise/
Conversion period
Physical or cash settlement Number of shares and voting rights % of shares and voting rights
CFD     Cash settlement 287,811 0.25%
      SUBTOTAL B     287,811 0.25%

Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity:

Name % of shares and voting rights % of shares and voting rights through financial instruments Total of both
AXA S.A.   5.01%   0.25%   5.26%

For further information, please contact:
Samppa Seppälä, Director, Corporate Communications and IR, tel. +358 50 568 0533

DISTRIBUTION
Nasdaq Helsinki
Main media
www.amersports.com

AMER SPORTS
Amer Sports (www.amersports.com) is a sporting goods company with internationally recognized brands including Salomon, Wilson, Atomic, Arc'teryx, Mavic, Suunto and Precor. The company's technically-advanced sports equipment, footwear and apparel improve performance and increase the enjoyment of sports and outdoor activities. The Group's business is balanced by its broad portfolio of sports and products and a presence in all major markets. Amer Sports shares are listed on the Nasdaq Helsinki stock exchange (AMEAS).

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Top 5 Most Recently Viewed Articles

Novonesis Reveals Ambitious Growth Strategy Towards 2030

Updated Category News Views 455

New Strategic Vision for 2030 Novonesis has recently unveiled its ambitious ‘GROW’ strategy, aimed at propelling the company through significant growth and innovation until the year 2030. This strategy underscores a firm commitment to accelerating core business operations while making substantial reinvestments to ensure sustainable long-term growth. Expected Growth...

Continue Reading
blueharbor bank Achieves Remarkable Growth in Q1 2025

Updated Category News Views 232

blueharbor bank Reports Strong Q1 2025 Financial Performance blueharbor bank has announced its financial results for the first quarter of 2025, showcasing notable growth across various metrics. With a robust strategy focused on customer engagement and quality service, the bank recorded impressive earnings that reflect its commitment to excellence. Highlights of Financial...

Continue Reading
Better Choice Company Gains Strong Support for Major Acquisition

Updated Category News Views 308

Better Choice Company Gains Strong Support for Major Acquisition Better Choice Company, Inc. (NYSE: BTTR), a progressive leader in pet health and wellness, has successfully secured substantial backing from its shareholders regarding its strategic initiatives. Recently, during a special meeting, shareholders overwhelmingly approved critical proposals that are set to shape...

Continue Reading
Akamai Expands Services with Latest Strategic Acquisition

Updated Category News Views 217

Akamai Completes Acquisition of Select Assets from Edgio Akamai Technologies, Inc. (NASDAQ: AKAM), a leading cybersecurity and cloud computing company, recently announced the successful completion of its acquisition of select assets from Edgio. This deal includes valuable customer contracts related to Edgio's expertise in content delivery and security, as well as...

Continue Reading
Uber's Ambitious Growth Goals: Investors Anticipate Earnings Report

Updated Category News Views 150

Uber Technologies Inc. Preparations for Q3 Earnings Uber Technologies Inc. (NYSE: UBER) is gearing up to report its third-quarter earnings soon, drawing significant attention from investors. Many are eager to see if the company can achieve ambitious financial targets set by its leadership. Strong Third-Quarter Growth Projections In the wake of a record second quarter,...

Continue Reading