Plc Uutechnic Group Oyj: NOTIFICATION ACCORDING TO CHAPTER 9, SECTION 6 AND 7 OF THE SECURITIES MARKETS ACT

PLC UUTECHNIC GROUP OYJ STOCK EXCHANGE RELEASE FEBRUARY 13, 2019 at 12:15pm

NOTIFICATION ACCORDING TO CHAPTER 9, SECTION 6 AND 7 OF THE SECURITIES MARKETS ACT

Notification of major shareholding made to Vaahto Group Plc Oyj:

Plc Uutechnic Group Oyj has received from Kyösti Kakkonen a notification stating that as a result of transactions on February 12, 2019, Joensuun Kauppa ja Kone Oy, which is in control of Kyösti Kakkonen, has exceeded the threshold of 5 % in ownership of Plc Uutechnic Group Oyj, At the same Kyösti Kakkonen’s total indirect ownership of Plc Uutechnic Group has exceeded the threshold of 5 %.

The total number of Plc Uutechnic Group Oyj’s shares and votes is 56 501 730.

Total positions of Kyösti Kakkonen to the notification obligation:  
  % of shares and voting rights (total of A) % of shares and voting rights through financial instruments (total of B) Total of boths in % (A+B)  
Resulting situation on the date on which threshold was crossed or reached 6,03 %   6,03 %  
Position of previous notification (if applicable)        
         
Notified details of the resulting situation on the date on which the threshold was crossed or reached.
         
Shares and voting rights        
Class/type of shares ISIN code Number of shares and voting rights Osakkeiden ja äänten % osuus
Direct (SMA 9:5) Indirect (SMA 9:6 and 9:7) Direct (SMA 9:5) Indirect (SMA 9:6 and 9:7)
FI0009900708   3 407 220 pcs   6,03 %
         
         
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  
Joensuun Kauppa ja Kone Oy * 5,31%   3 000 000 pcs  
K22 Finance Oy ** 0,72%   407 220 pcs  

 

* Kakkonen-Yhtiöt Oy owns 100% of Joensuun Kauppa ja Kone Oy. Kyösti Kakkonen owns 55.30% of Kakkonen-Yhtiöt Oy

**Kyösti Kakkonen owns 77,78 % of K22 Finance Oy.

 

In Uusikaupunki February 13, 2019

PLC UUTECHNIC GROUP OYJ

Board of Directors

 

Further information: Jouko Peräaho, CEO, +358 500 740808

www.uutechnicgroup.fi

 

Uutechnic Group is focused on improving the competitiveness of its customers by providing them advanced equipment technology and unique service concept worldwide. The product range includes agitators,  different types of long welded and machined axially symmetrical parts as rolls, cylinders, tubes and cones.

The main industries are hydrometallurgy, mining-, pulp and paper-, food-, fertilizer-, other chemical industries and environmental technology.

Plc Uutechnic Group’s subsidiaries are AP-Tela Oy, Uutechnic Oy and Stelzer Rührtechnik International GmbH.