Summa Defence Plc Updates Shareholding Structure Details

Overview of Recent Notifications by Summa Defence Plc

Summa Defence Plc has made important announcements relating to their shareholding structure and corporate governance, underscoring the dynamic nature of stockholder engagement. These events reflect the ongoing changes in ownership percentages that can significantly impact their operational strategy.

Notification of Changes in Shareholding

On the latest reporting date, Summa Defence Plc received notification from Jussi Mälkiä regarding a decrease in his direct and indirect ownership below the threshold of 10% of the company’s share capital and voting rights. This change took place when ownership dipped to 6.33% of the voting rights, a critical threshold for reporting under the Finnish Securities Markets Act.

Structure of Ownership

The company operates with a simple share structure, having only one class of shares, where each share confers one vote. This means that shareholders can directly influence decisions at shareholder meetings, which is vital for corporate governance.

Current Share Data

As of the notification date, the total number of shares stands at a remarkable 4,567,193,463. The decrease in ownership for Mälkiä from a previous position of 61.07% indicates a significant shift in the company’s ownership distribution, reflecting potential changes in strategy or investor confidence.

Implications of the Ownership Change

This decrease can imply multiple scenarios including a broadening of the shareholder base or even an ongoing strategic divestment. Such changes are crucial in understanding the market dynamics as Summa Defence Plc continues to adapt to an evolving geopolitical landscape.

Details on Share and Voting Rights

The details surrounding shares and voting rights convey significant information regarding stakeholder engagement. Mälkiä's resulting ownership situation reflects a move in strategy—specifically, with his current holdings now under 5% (noted as 289,293,527 shares). Each segment of ownership plays a crucial role in evaluating the power dynamics within the company.

Company Contact and Leadership

For more information, stakeholders can reach out to Jussi Holopainen, CEO of Summa Defence Plc. He is available at +358 44 517 4543. Additionally, Tommi Manninen serves as the Chief Communications Officer, offering media support at +358 400 437 515. Their engagements are critical in disseminating future strategic directions to investors and the public.

About Summa Defence Plc

Summa Defence Plc has positioned itself as a vital player in the defense and security technology sector. The company focuses on growth through the development of dual-use technologies that serve both civilian and defense purposes, enhancing overall security capabilities across various sectors. This strategic focus not only promotes industry growth but also reinforces the company's commitment to maintaining operational resilience during complex geopolitical conditions.

The shares are actively traded on the Nasdaq First North Growth Market in Sweden under the ticker SAVOS and in Finland as SAVOH, providing investors with a platform to engage actively with the company's ongoing mission of supporting security and defense initiatives.

Frequently Asked Questions

What triggered the disclosure from Summa Defence Plc?

The disclosure was triggered by a notification from Jussi Mälkiä regarding a decrease in his ownership below the 10% threshold as per regulatory requirements.

What is the significance of the 10% ownership threshold?

The 10% threshold is crucial for regulatory notifications as it reflects significant changes in ownership that could impact shareholder rights and corporate governance.

How many shares does Summa Defence Plc have?

Summa Defence Plc has a total of 4,567,193,463 shares, each granting one vote at shareholder meetings.

Who can be contacted for more information regarding the company?

Jussi Holopainen, the CEO and Tommi Manninen, the Chief Communications Officer, are the primary contact points for any inquiries related to corporate governance or shareholder actions.

Where are the shares of Summa Defence Plc listed?

The company's shares are listed on the Nasdaq First North Growth Market in both Sweden and Finland, under the tickers SAVOS and SAVOH respectively.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

My goal with writing is to simplify difficult financial ideas into understandable, doable guidance. My goal in writing many books and articles is to make personal finance understandable to everyone, irrespective of their experience or background. I want to give readers the information they need to take charge of their financial futures, from investing and retirement planning to budgeting and saving.

Along with my writing, I lead webinars and workshops where I provide doable advice and methods for achieving financial success. To reach a larger audience, I also frequently contribute to financial blogs and publications. My method is always to offer doable, real-world guidance that can actually improve people's lives.

Aside from my job, I like to cook, travel, and experience other cultures. I work hard to apply my belief in the value of a balanced life to my financial counsel. My goal in working is to encourage and enable people to succeed financially so they may lead the best lives possible.

Contact Evelyn Baker privately here. Or send an email with ATTN: Evelyn Baker as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.