Fondia Plc

Company release

31.5.2024 at 3.00 p.m. EEST

Fondia Plc has received on May 31, 2024 a notification pursuant to Chapter 9, Section 5 of the Finnish Securities Markets Act concerning substantial voting rights (hereinafter "the flagging"), according to which the number of shares controlled by Timo Lappi in Fondia Plc exceeds 15 per cent of all shares.

The flagging obligation applies to companies traded on the First North Growth Market Finland in a staggered transitional period following the amendment to the Act of April 19, 2024 (Act 163/2024 on amending the Securities Market Act). The flagging has been made in accordance with the transitional provisions applicable in connection with the amendment of the law and concerns the holdings in force at the time of the entry into force of the amendment on April 19, 2024.

Total positions of person subject to the notification obligations

% of % of shares Total of Total number of shares
shares and voting both in % and voting rights of
and rights issuer
voting through
rights financial
instruments
Resulting 16.60% - 16.60% 656,250
situation on
the date
on which
threshold was
reached

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

A: Shares and voting rights

Class/type of Number of % of shares and voting rights
sharesISIN shares and
code voting
rights
Direct(SMA Indirect(SMA Direct(SMA Indirect(SMA 9:6 ja 9:7)
9:5) 9:6 ja 9:7) 9:5)
FI4000232913 - 656, 250 - 16,60%

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 % of shares and voting rights Total of both
and voting through financial instruments
rights
Timo Lappi 0.00% - -
Sijoittamo 0.00% - -
Oy
Placereri 16.60% - 656,250
AB

Further information:

The person subject to the notification obligation holds the shares through his controlling companies listed in the table above.

Fondia Plc

Contact details:

Group CEO Harri Savolainen, tel. +358 40 502 1919

Fondia in brief

Fondia solves the legal needs of companies by combining the best services from internal legal departments and law firms. Fondia operates in Finland, Sweden, Estonia, and Lithuania, and the Group's net sales in 2023 were EUR 26.1 million. Fondia employs over 190 people. 

Aktia Alexander Corporate Finance Ltd acts as Fondia Plc's Certified Adviser.

www.fondia.com   (https://investors.fondia.com/fi/en/releases-and-publications/releases)

Distribution: 

Nasdaq Helsinki Ltd 
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