Plc Uutechnic Group Oyj: Notification pursuant to chapter 9, section 5 of the Securities Markets Act
Plc Uutechnic Group Oyj: Notification pursuant to chapter 9, section 5 of the Securities Markets Act
Plc Uutechnic Group Oyj Stock exchange release 18 January 2021 at 7:20 p.m. EET
Plc Uutechnic Group Oyj has received on 18 January 2021 the following notification pursuant to chapter 9, section 5 of the Securities Markets Act (the “SMA“) from Kyösti Kakkonen, according to which Joensuun Kauppa ja Kone Oy’s, a company controlled by Kyösti Kakkonen, total holding of shares in Plc Uutechnic Group Oyj has fallen below the threshold of five (5) per cent on 18 January 2021. According to the notification, the reason for the notification was a disposal of shares or voting rights.
Total position of Kyösti Kakkonen in Plc Uutechnic Group Oyj 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 threshold was crossed or reached | 0% | 0% | 56,501,730 | |
| Position of previous notification (if applicable) | 6.03% | 6.03% |
Notified details of the resulting situation on the date on which the threshold was crossed:
Shares and voting rights
| Number of shares and voting rights | % of shares and voting rights | |||
| Class / type of shares | Direct (SMA 9:5) |
Indirect (SMA 9:6 and 9:7) |
Direct (SMA 9:5) |
Indirect (SMA 9:6 and 9:7) |
| FI0009900708 | 0 | 0 | 0% | 0% |
| SUBTOTAL A | 0 | 0% | ||
Additional information:
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 |
| Kyösti Kakkonen | 0% | 0% | 0% |
| Kakkonen-Yhtiöt Oy | 0% | 0% | 0% |
| Joensuun Kauppa ja Kone Oy | 0% | 0% | 0% |
Kyösti Kakkonen owns 55.3% of Kakkonen-Yhtiöt Oy, which owns 100% of Joensuun Kauppa ja Kone Oy.
In Uusikaupunki 18 January 2021
Plc Uutechnic Group Oyj
Board of Directors
Further information
Leena Junninen, Finance Manager, Plc Uutechnic Group Oyj, +358 400 613 896
UTG Mixing Group is a global technology group that provides competitive mixing solutions with a customer-oriented approach, minimizing life cycle costs. Its main customer sectors are the chemical, food, metallurgical and fertilizer industries, as well as environmental technology, water treatment and pharmaceuticals. The parent company of UTG Mixing Group is Plc Uutechnic Group Oyj, whose shares are listed on Nasdaq Helsinki. The business is carried out in the subsidiaries of the group, Uutechnic Oy and Stelzer Rührtechnik International GmbH.