Steady Energy Plc’s ten largest shareholders after the completion of the initial public offering
Steady Energy Plc’s ten largest shareholders after the completion of the initial public offering
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE OR SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL
Steady Energy Plc, Company announcement 6 October 2026 at 9.00 PM EEST
The ten largest registered shareholders of Steady Energy Plc (“Steady Energy” or the “Company”) and their shares of ownership after the completion of the offering are shown in the table below based on the shareholders’ register maintained by Euroclear Nordics Ltd. Shareholders’ holdings are presented based on information from the shareholders’ register as at 5 October 2026, and the information does not include the shareholders that are nominee-registered.
| Shareholder | Number of shares(1 | Percentage of all shares and votes(2 |
| Lifeline Ventures Fund V Ky | Series A: 5,131,442 Series B: 0 | 14.61 |
| Tommi Nyman | Series A: 3,659,568 Series B: 0 | 10.42 |
| VTT Holding Oy | Series A: 3,241,832 Series B: 0 | 9.23 |
| Finnish Industry Investment Ltd | Series A: 3,021,024 Series B: 0 | 8.60 |
| Ilmarinen Mutual Pension Insurance Company | Series A: 1,500,000 Series B: 0 | 4.27 |
| Varma Mutual Pension Insurance Company | Series A: 1,500,000 Series B: 0 | 4.27 |
| Move Energy SMR Holding B.V. | Series A: 1,147,482 Series B: 0 | 3.27 |
| Petteri Tenhunen | Series A: 1,047,149 Series B: 0 | 2.98 |
| Hannes Haapalahti | Series A: 1,047,083 Series B: 0 | 2.98 |
| Elo Mutual Pension Insurance Company | Series A: 1,000,000 Series B: 0 | 2.85 |
| Ten largest registered shareholders, in total | Series A: 22,295,580 Series B: 0 | 63.48 |
| Other shareholders(3 | Series A: 10,956,807 Series B: 1,870,750 | 36.52 |
| In total | Series A: 33,252,387 Series B: 1,870,750 | 100.00 |
1) The Company’s series A shares are listed on the Nasdaq First North Growth Market Finland marketplace operated by Nasdaq Helsinki Ltd.
2) Percentages are rounded numbers.
3) Out of other shareholders, 7,650,126 series A shares, representing 21.78 per cent of all shares and votes, are held by nominee registered shareholders.
Further inquiries
Steady Energy Plc’s CEO Tommi Nyman, tel. +358 50 360 7823
Certified Adviser
Aktia Alexander Corporate Finance Oy
About Steady Energy
Steady Energy is a Finnish nuclear technology company developing a new generation of small modular reactors (SMRs) especially suited for district heating. Its LDR-50 reactor is designed to provide cities and utilities with a reliable, scalable and low-carbon alternative to combustion-based heat production. The reactor concept is based on proven light-water reactor technology, combined with a simplified design focused exclusively on producing heat. Steady Energy aims to make nuclear energy more cost-effective to deploy and to establish its technology as a scalable solution for decarbonising district heating globally. Steady Energy was founded in 2023 as a spin-off from the Technical Research Centre of Finland VTT and has approximately 75 full-time employees.
Important information
The information contained in this release is not for publication or distribution, directly or indirectly, in or into the United States, Australia, Canada, Hong Kong, Japan, New Zealand, Singapore or South Africa or any other jurisdiction in which the release, publication or distribution would be unlawful.
The information contained in this release does not constitute an offer of securities for sale in the United States. The securities referred to herein may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. The Company does not intend to register any securities in the United States or to offer securities to the public in the United States. Any offering of securities by the Company in the United States may only be made pursuant to an exemption from registration under the U.S. Securities Act of 1933, as amended.
The issue, offer, exercise and/or sale of securities are subject to specific legal or regulatory restrictions in certain jurisdictions. The Company or Nordea Bank Abp (the “Sole Global Coordinator”) assumes no responsibility in the event there is a violation by any person of such restrictions.
The information contained in this release shall not constitute an offer to sell or a solicitation of an offer to purchase or subscribe for, nor shall there be any sale of, the securities referred to in this release in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction. Investors must neither accept any offer for, nor acquire, any securities to which this release refers, unless they do so on the basis of the information contained in the company description published by the Company.
The Company has not authorised any offer to the public of securities in the United Kingdom or in any Member State of the European Economic Area other than Finland. In the United Kingdom, public offers of relevant securities are prohibited under the Public Offers and Admissions to Trading Regulations 2024 (SI 2024/105) (the “POATRs”) unless an exemption set out in Schedule 1 to the POATRs applies. With respect to each Member State of the European Economic Area other than Finland and which applies the Prospectus Regulation (each, a “Relevant Member State”), no action has been undertaken or will be undertaken to make an offer to the public of securities requiring publication of a prospectus in any Relevant Member State. As a result, the securities may only be offered in Relevant Member States (a) to any legal entity, which fulfils the requirements of a qualified investor as defined in the Prospectus Regulation; or (b) in any other circumstances falling within Article 1(4) of the Prospectus Regulation, and in the United Kingdom only to persons who are qualified investors within the meaning of Schedule 1 to the POATRs or in other circumstances where an exemption under the POATRs applies. For the purposes of this paragraph, the expression an “offer of securities to the public” means a communication to persons in any form and by any means, presenting sufficient information on the terms of the offer and the securities to be offered, so as to enable an investor to decide to purchase or subscribe for those securities. The expression “Prospectus Regulation” means Regulation (EU) 2017/1129 of the European Parliament and of the Council, as amended.
This release is directed only at (i) persons who are outside the United Kingdom or (ii) persons who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) and (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2) of the Order (all such persons together being referred to as “relevant persons”). Any investment activity to which this release relates will only be available to and will only be engaged with, relevant persons. Any person who is not a relevant person should not act or rely on this release or any of its contents.
Full terms and conditions for the offering are included in the company description that has been prepared in connection with the offering. The company description and its Finnish translation are available on the website of Steady Energy at investors.steadyenergy.com/en/ipo and on the website of Nordea Bank Abp at www.nordea.com/fi/steadyenergy.
Any offer to subscribe for the securities referred to in this release will be made by means of a company description that has been published by the Company following a review by Nasdaq Helsinki. The company description contains detailed information about the Company and its management as well as its financial information. This release is an advertisement and not a prospectus for the purpose of the Prospectus Regulation. Investors should not acquire any securities referred to in this release except on the basis of information contained in the company description.
Certain statements in this release may be “forward-looking statements”. Forward-looking statements include statements concerning plans, assumptions, projections, objectives, targets, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, plans or intentions relating to acquisitions, the Company’s competitive strengths and weaknesses, plans or goals relating to financial position, future operations and development, the Company’s business strategy and the anticipated trends in the industry and the political and legal environment in which it operates and other information that is not historical information, investments, the initial public offering and listing, future cash flow generation, operating profit margin, financial position and liquidity. In some instances, they can be identified by the use of forward-looking terminology, including the terms “believes”, “intends”, “may”, “will” or “should” or, in each case, their negative or variations on comparable terminology.
Possible forward-looking statements in this release are based on assumptions, many of which in turn are based on assumptions. By their very nature, forward-looking statements involve inherent risks, uncertainties and assumptions, both general and specific, and the risk exists that the predictions, forecasts, projections, plans and other forward-looking statements will not be achieved. Given these risks, uncertainties and assumptions, you are cautioned not to place undue reliance on such forward-looking statements. Any forward-looking statements contained in this release speak only as at the date of this release. Save as required by law, the Company does not intend, and does not assume any obligation, to update or correct any forward-looking statement contained in this release.
The Sole Global Coordinator is acting exclusively for the Company and for no-one else in connection with any transaction mentioned in this release and will not regard any other person (whether or not a recipient of this release) as a client in relation to any such transaction and will not be responsible to any other person for providing the protections afforded to its clients, or for advising any such person on the contents of this release or in connection with any transaction referred to in this release.
The contents of this release have been prepared by and are the sole responsibility of the Company. Neither the Sole Global Coordinator nor any of its directors, officers, employees, advisers or agents accepts any responsibility or liability whatsoever for or makes any representation or warranty, express or implied, as to the truth, accuracy or completeness of the information in this release or any other information relating to the Company, its subsidiaries or associated companies (or whether any information has been omitted from this release), whether written, oral or in a visual or electronic form, and howsoever transmitted or made available or for any loss howsoever arising from any use of this release or its contents or otherwise arising in connection therewith.
Information to Distributors
Solely for the purposes of the product governance requirements contained within: (a) EU Directive 2014/65/EU on markets in financial instruments (as amended, “MiFID II”); (b) Articles 9 and 10 of the Commission Delegated Directive (EU) 2017/593 supplementing MiFID II; and (c) local implementing measures (together, the “MiFID II Product Governance Requirements”), and disclaiming all and any liability, whether arising in tort, contract or otherwise, which any “manufacturer” (for the purposes of the MiFID II Product Governance Requirements) may otherwise have with respect thereto, the new series A shares of the Company offered in the offering (the “Offer Shares”) and additional new series A shares of the Company that investors receive in connection with the offering (the “Bonus Shares”) have been subject to a product approval process, which has determined that the Offer Shares and the Bonus Shares are: (i) compatible with an end target market of retail investors and investors who meet the criteria of professional clients and eligible counterparties, each as defined in MiFID II (the “Positive Target Market Assessment”); and (ii) eligible for distribution through all distribution channels as are permitted by MiFID II. Distributors should note that: the price of the Offer Shares and the Bonus Shares may decline and investors could lose all or part of their investment; the Offer Shares and the Bonus Shares offer no guaranteed income and no capital protection; and an investment in the Offer Shares and the Bonus Shares is compatible only with investors who do not need a guaranteed income or capital protection and who (either alone or in conjunction with an appropriate financial or other adviser) are capable of evaluating the merits and risks of such an investment and who have sufficient resources to be able to bear any losses that may result therefrom. Conversely, an investment in the Offer Shares and the Bonus Shares is not compatible with investors looking for full capital protection or full repayment of the amount invested or having no risk tolerance, or investors requiring a fully guaranteed income or fully predictable return profile (the “Negative Target Market” and, together with the Positive Target Market Assessment, the “Target Market Assessment”). The Target Market Assessment is without prejudice to the requirements in any contractual, legal or regulatory selling restrictions in relation to the offering.
The Target Market Assessment does not constitute (a) an assessment of suitability or appropriateness for the purposes of MiFID II; or (b) a recommendation to any investor or group of investors to invest in, obtain, or take any other action concerning the Offer Shares and the Bonus Shares. Each distributor is responsible for its own Target Market Assessment in respect of the Offer Shares and the Bonus Shares and determining the appropriate distribution channels.