5 July 2012 at 4:20 p.m.
eQ PLC'S SHARES DEPOSITED ON A JOINT ACCOUNT HAVE BEEN SOLD
The shares in eQ Plc (previously Amanda Capital Plc) have been registered with the book-entry system since 1 November 2000, when the company was established as a result of a demerger of Finvest Oyj. The shares in Finvest Oyj were transferred to the book-entry system on 27 November 1992. In connection with the transfer of the shares into the book-entry system the shareholders were required to register their ownership of the shares with the book-entry system. A joint account was opened for such shares, whose ownership was not registered with the book-entry system. The Company was recorded as the holder of the joint account on behalf of the shareholders whose shares were not registered.
Amanda Capital Plc's general meeting has on 15 March 2005 resolved to sell on behalf of their shareholders those shares in the Company, which are deposited on the joint account set up by the Company. The general meeting authorised the Board of Directors to take necessary measures required by the resolution in order to execute such sale.
The resolution of the general meeting to sell the shares deposited on the joint account was, in accordance with the previous Companies Act (29.9.1978/734), notified on 1 February 2008 to the owners of such shares and to any pledgees and other assignees. In the notification, the shareholders of the Company or other assignees, who had not demanded the registration of their ownership or other rights with the book-entry system, were requested to register their rights without undue delay by delivering their share certificate and other possible documents of title to a relevant account operator. According to the notification, the shareholders or other assignees shall demand the registration of their shares or other rights with the book-entry system as required by law on 18 February 2009, at the latest, under the consequence that the rights to these shares will otherwise be deemed forfeited. In addition, it was mentioned in the notification that shares that have not been transferred into the book-entry system by 18 February 2009 will be sold on behalf and for the benefit of their owners.
All shares in eQ Plc, which were deposited on the joint account set up by the Company, in total of 6,709 shares representing approximately 0.02 per cent of all shares in the Company, have been sold between 1 June and 29 June 2012 on behalf and for the benefit of their owners and the proceeds of the sale, after deducting costs incurred in connection with the sale and notification thereof, have been deposited on 5 July 2012 for the benefit of the owners with the Southern Finland's Regional State Administrative Agency (in Finnish: Etelä-Suomen aluehallintovirasto). The shareholders have the right to receive an amount from the deposited funds equalling their proportion of the shares against the delivery of relevant share certificates and other possible documents of title from the Southern Finland's Regional State Administrative Agency.
In addition, the shares in eQ Plc, which were deposited on the joint account, are entitled to the dividend paid by eQ Plc for the financial year 2011. The shareholders have the right to receive the dividend relating to their shares against the delivery of relevant share certificates and other possible documents of title from the Southern Finland's Regional State Administrative Agency.
The sale does not affect the registered number of shares in eQ Plc.
Helsinki, 5 July 2012
Janne Larma, CEO
Additional information: Janne Larma, CEO, tel. +358 40 500 4366
Distribution: NASDAQ OMX Helsinki, www.eQ.fi
eQ Group is a Finnish group of companies that specialises in asset management and corporate finance operations. The Group offers services related to mutual funds, private equity funds and hedge funds as well as traditional asset management for institutions and individuals. The assets managed by the Group total approximately EUR 3.6 billion. In addition, Advium Corporate Finance Ltd, which is part of the Group, offers services related to mergers and acquisitions, real estate transactions and equity capital markets.
More information about the Group is available on our website at www.eQ.fi.