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 4:34 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 SPX FLOW, Inc., according to which SPX FLOW, Inc.’s total holding of shares in Plc Uutechnic Group Oyj has exceeded the threshold of ninety (90) per cent on 18 January 2021. According to the notification, the reason for the notification was an acquisition of shares or voting rights.

Total position of SPX FLOW, Inc. 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 97.94%   97.94% 56,501,730
Position of previous notification (if applicable)        

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 55,340,599 0% 97.94%
SUBTOTAL A 55,340,599 97.94%

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 legal entity:

Name % of shares and voting rights % of shares and voting rights through financial instruments Total of both
SPX FLOW, Inc.
SPX FLOW Germany Holding GmbH
SPX Flow Technology Germany GmbH 97.94% 97.94%

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.