Caverion Corporation has on 28 November 2019 received a notification under Chapter 9, Section 5 of the Finnish Securities Markets Act, according to which the holding of Caverion Corporation by Fennogens Investments S.A. based in Luxembourg has increased above the thresholds of 5 and 10 per cent on 28 November 2019.
According to the notification, Fennogens Investments S.A. has bought 14,169,850 shares in Caverion Corporation from its 100% owned subsidiary Structor S.A, representing 10.2% of shares and voting rights in Caverion Corporation.
The notification is made following the reorganisation of Ehrnrooth family's shareholding in Caverion, where Structor S.A. has sold its entire shareholding in Caverion to its parent company Fennogens Investments S.A. and other family-owned investment companies. The shareholding in Caverion that was held by Structor S.A. remains fully in the possession of the same ultimate beneficiary owners.
Caverion has one share series, each share entitling to one vote. Caverion’s registered total number of shares amounting to 138,920,092 has been used in the calculation of percentages for the notification.
Total positions of person(s) subject to the notification:
% shares and voting rights | % of shares and voting rights through financial instruments | % of total | |
Resulting situation on the date on which threshold was crossed or reached | 10.2% | 0% | 10.2% |
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:
A: Shares and voting rights:
Class/type of shares | 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) |
|
FI4000062781 | 14,169,850 | 0 | 10.2% | 0% |
SUBTOTAL A | 14,169,850 | 10.2% |
B: Financial instruments according to SMA 9:6a:
Type of financial instrument |
Expiration date | Exercise/ Conversion Period |
Physical or cash settlement |
Number of shares and voting rights |
% of shares and voting rights |
N/A | N/A | N/A | N/A | N/A | N/A |
SUBTOTAL B | N/A | N/A |
Information relating to the person subject to the notification obligation
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.
CAVERION CORPORATION
Distribution: Nasdaq Helsinki, principal media, www.caverion.com