Skip to main content

Releases

Suomen Hoivatilat Oyj: disclosure under chapter 9, section 10 of the Securities Market Act

Suomen Hoivatilat Oyj                                                                        
Stock exchange release 27 December 2018, 8:00 am EET

Suomen Hoivatilat Oyj: disclosure under chapter 9, section 10 of the Securities Market Act

Suomen Hoivatilat Oyj ("Hoivatilat") has on 24 December 2018 received a notification pursuant to chapter 9, section 5 of the Securities Market Act from Clearance Capital Limited, the discretionary investment manager and advisor to the following funds: Clearance Segura Master Fund Limited, Clearance Cantara Master Fund Limited, Clearance Camino Fund, Compass Offshore MAV Limited, Compass MAV LLC and WVP Emerging Manager Onshore Fund LLC. Pursuant to the notification, the aggregate holdings of Hoivatilat shares and voting rights of the funds has exceeded 5 % on 21 December 2018. Funds managed by Clearance capital own 5.29 % of shares and votes in Hoivatilat.

Aggregate positions of funds managed by Clearance Capital Limited according to the notification:

  % of shares and voting rights (total of A) % of shares and voting rights through financial instruments (total of B) Total of both in % (A+B) Total number of shares and voting rights of issuer
Resulting situation on the date on which threshold was crossed or reached 5.29 %   5.29 % 25,439,229
Positions of previous notification        

Notified details of the resulting situation on the date on which the threshold was crossed or reached:

A: Shares and voting rights
Class/type of shares
ISIN code
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)
FI4000148648   1,346,653   5.29 %
SUBTOTAL A   1,346,653   5.29 %

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
None          
SUBTOTAL B          

Information in relation to the person subject to the notification obligation
Full chain of controlled undertakings through which the shares, voting rights or 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
Clearance Segura Master Fund Limited Below 5 % 0 % Below 5 %
Clearance Cantara Master Fund Limited Below 5 % 0 % Below 5 %
Clearance Camino Fund Below 5 % 0 % Below 5 %
Compass Offshore MAV Limited Below 5 % 0 % Below 5 %
Compass MAV LLC Below 5 % 0 % Below 5 %
WVP Emerging Manager Onshore Fund LLC Below 5 % 0 % Below 5 %

The following additional information was made available to Hoivatilat in the notification: "Clearance Capital Limited is a wholly owned subsidiary of Clearance Capital (Cayman) Limited, incorporated in the Cayman Islands."

Suomen Hoivatilat Oyj

Further information:
Jussi Karjula, CEO, tel.: +358 40 773 4054

Suomen Hoivatilat in brief:
Suomen Hoivatilat specialises in producing, developing, owning and leasing out daycare centre and nursing home premises, service communities and schools. Hoivatilat was established in 2008 and cooperates with around 60 Finnish municipalities. It has started over 150 real estate projects throughout Finland.

Back to top