OLVI PLC STOCK EXCHANGE RELEASE 13 DEC 2019
FLAGGING NOTIFICATION IN ACCORDANCE WITH CHAPTER 9 SECTION 10 OF THE FINNISH SECURITIES MARKETS ACT
Olvi plc (Business ID 0170318-9) has on 13 December 2019 received a notice in accordance with the Securities Markets Act from FMR LLC.
Through a transaction concluded on 11 December 2019, the holding of entities controlled by FMR LLC has decreased to 4.83 percent of Olvi plc's Series A shares.
Olvi plc has two (2) series of shares. Olvi plc has a total of 20,722,232 shares divided into 3,732,256 Series K shares and 16,989,976 Series A shares. At the General Meeting of Shareholders, each Series K share carries 20 votes, and each Series A share carries one vote.
1. Identity of the issuer: OLVI PLC
2. Reason for the notification: A disposal of shares
3. Details of person subject to the notification obligation: FMR LLC
| Total positions of person(s) subject to the notification obligation: | ||||
| % 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 | 4.83% Shares 1.09% Voting Rights | 0.00% Shares 0.00% Voting Rights | 4.83% Shares 1.09% Voting Rights | 20,722,232 Shares 91,635,096 Voting Rights |
| Position of previous notification (if applicable) | 5.00% Shares 1.13% Voting Rights | 0.00% Shares 0.00% Voting Rights | 5.00% Shares 1.13% Voting Rights | |
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 | Number of shares and voting rights | % of shares and voting rights | ||
| ISIN code | Direct (SMA 9:5) | Indirect (SMA 9:6 and 9:7) | Direct (SMA 9:5) | Indirect (SMA 9:6 and 9:7) |
| FI0009900401 | 1,001,611 Shares 1,001,611 Voting Rights | 4.83% Shares 1.09% Voting Rights | ||
| SUBTOTAL A | 1,001,611 Shares 1,001,611 Voting Rights | 4.83% Shares 1.09% Voting Rights | ||
| Information in relation to the person subject to the notification obligation 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 |
| FMR LLC Fidelity Management & Research Company FMR Co., Inc. | 2.17% Shares 0.49% Voting Rights | 0.00% Shares 0.00% Voting Rights | 2.17% Shares 0.49% Voting Rights |
| FMR LLC Fidelity Management & Research Company Fidelity Management & Research (Japan) Limited | 1.45% Shares 0.33% Voting Rights | 0.00% Shares 0.00% Voting Rights | 1.45% Shares 0.33% Voting Rights |
| FMR LLC Fidelity Management & Research Company Fidelity Management & Research (U.K.) Inc. FMR Investment Management (UK) Limited | 1.21% Shares 0.27% Voting Rights | 0.00% Shares 0.00% Voting Rights | 1.21% Shares 0.27% Voting Rights |
OLVI PLC
Further information:
Lasse Aho, Managing Director, Olvi plc
Phone +358 290 00 1050 or +358 400 203 600
DISTRIBUTION:
NASDAQ OMX Helsinki Ltd
Key media
www.olvi.fi
