Releases
Hoivatilat Plc: disclosure under chapter 9, section 10 of the Securities Market Act
Hoivatilat Plc
Stock exchange release 10 January 2020, 6:40 p.m.
Hoivatilat Plc: disclosure under chapter 9, section 10 of the Securities Market Act
Hoivatilat Plc ("Hoivatilat") has on 10 January 2020 received a notification pursuant to chapter 9, section 5 of the Securities Market Act from OP Fund Management Company Ltd, according to which the ownership of shares and votes in Hoivatilat of OP-Suomi investment fund, OP-Suomi Indeksi investment fund and OP-Suomi Pienyhtiöt investment fund managed by OP Fund Management Company Ltd, has decreased below the threshold of 5 per cent following the transfer of shares on 10 January 2020.
Aggregate positions of funds managed by OP Fund Management Company Ltd 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 | 0,00 % | 0,00 % | 25,502,629 | |
| Positions of previous notification | 6.96 % | 6.96 % |
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 | 0 | 0,00 % | ||
| SUBTOTAL A | 0 | 0,00% | ||
| 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 |
| OP-Rahastoyhtiö Oy | 0.00% | 0.00 % | |
| OP-Suomi Indeksi -investment fund | 0.00% | 0.00 % | |
| OP-Suomi -investment fund | 0.00 % | 0.00 % | |
| OP-Suomi Pienyhtiöt -investment fund | 0.00 % | 0.00 % | |
The following additional information was made available to Hoivatilat in the notification:
A NOTIFICATION PURSUANT TO CHAPTER 9, SECTION 5 OF THE SECURITIES MARKET ACT ON THE CHANGE IN THE OWNERSHIP OF SHARES AND VOTES
Hoivatilat has been informed by OP Fund Management Company Ltd that from 13 June 2011, OP Fund Management Company Ltd's parent company, OP Cooperative, has applied in respect of OP Fund Management Company Ltd the exception provided for in section 2, subsection 4 of the Regulation of the Finnish Ministry of Finance (152/2007). From 13 June 2011, OP Cooperative does not aggregate its own holdings, the holdings of its subsidiaries and the holdings of entities within control with the shares held by any investment funds or collective investment undertakings managed by OP Fund Management Company Ltd. OP Fund Management Company Ltd uses the voting rights of the shares held by the investment funds and collective investment undertakings independently of the parent company.
Hoivatilat Plc
Further information:
Tommi Aarnio, CFO, tel.: +358 40 756 3773
Hoivatilat in brief:
Hoivatilat Plc specialises in producing, developing, owning and leasing out nursing homes, day care centres and service communities. Founded in 2008, the company has been working in cooperation with as many as 60 Finnish municipalities and has launched 200 property projects throughout Finland and in Sweden. www.hoivatilat.fi