Disclosure under Chapter 9, Section 5 of the Finnish Securities Markets Act
Aktia Bank Plc
Stock Exchange Release
4 February 2020 at 9.05 a.m.
Disclosure under Chapter 9, Section 5 of the Finnish Securities Markets Act
Aktia Bank Plc has received a notification in accordance with Chapter 9, Section 5 of the Finnish Securities Markets Act from Erkki Etola, according to which the total shares and voting rights in Aktia Bank of Tiiviste-Group Oy, Oy Etra Invest Ab and Etola Oy, which are companies controlled by Erkki Etola, in total have increased over the disclosure threshold of 5% on 3 February 2020. Following the transaction said companies controlled by Erkki Etola own 6.22% of Aktia Bank’s shares and voting rights in total.
| % of shares and voting rights | % of shares and voting rights through financial instruments | % of total | Total number of shares and voting rights of issuer | |
| Resulting situation on the date on which the threshold was crossed of reached | 6.22 | – | 6.22 | 69,172,437 |
| Position of previous notification (if applicable) | – | – | – | – |
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) | |
| FI4000058870 | 4,300,000 | – | 6.22 | – |
| SUBTOTAL A | 4,300,000 | – | 6.22 | – |
B: Financial instruments according to SMA 9:6a:
| Type of financial instrument | Expiration date | Exercise / Conversion Period | Physical or cash settlement | Numbers of shares and voting rights | % of shares and voting rights |
| – | – | – | – | – | – |
| SUBTOTAL B | – | – | – | – | – |
Ownership of the companies controlled by Erkki Etola after rise of disclosure obligation:
| Shareholder | % of shares and voting rights | % of shares and voting rights through financial instruments | Total number of shares, voting rights and financial instruments |
| Tiiviste-Group Oy | 2.89 | – | 2,000,000 |
| Oy Etra Invest Ab | 2.89 | – | 2,000,000 |
| Etola Oy | 0.43 | – | 300,000 |
| Total | 6.22 | – | 4,300,000 |
According to the notification Tiiviste-Group Oy is controlled by Erkki Etola by direct ownership (85.6%). Oy Etra Invest Ab and Etola Oy are controlled by Erkki Etola through direct and indirect ownership (total 55.9%).
AKTIA BANK PLC
For more information, please contact:
Mia Bengts, General Counsel, tel. +358 10 247 6348
Lotta Borgström, Director, Investor Relations and Communications, tel. +358 10 247 6838
Distribution:
NASDAQ OMX Helsinki
Mass media
The Finnish Financial Supervisory Authority
www.aktia.com
Aktia is a Finnish asset manager, bank and life insurer that has been creating wealth and welfare from one generation to the next already for 200 years. We serve our customers through digital channels everywhere and face to face in our offices in the Helsinki region as well as in Oulu, Tampere, Turku and Vaasa regions. Funds in our awarded asset management are sold also internationally to institutional customers. We employ approximately 800 people around Finland. Aktia's share is listed on Nasdaq Helsinki Ltd (AKTIA). aktia.com.
