Sitowise Group Plc Stock Exchange Release 11 September 2024 at 12.15 p.m. (EEST)

Sitowise Group Plc (the "Company") has on 10 September 2024 received a notification in accordance with the Chapter 9, Section 10 of the Finnish Securities Market Act from Paradigm Capital Value Fund SICAV, according to which Paradigm Capital Value Fund SICAV's direct holding of the shares and votes of the Company increased above 15.00 percent on 10 September 2024.

According to the notification, Paradigm Capital Value Fund SICAV holds a total of 5,385,642 shares corresponding to 15.02 percent of the Company's shares and votes. 

The Company has one series of shares in which each share carries one vote. The total number of shares and votes is 35,845,665.

Total positions of Paradigm Capital Value Fund SICAV according to the notification:

% of % of shares and Total Total
shares voting rights of number of
and through financial both shares
voting instruments (total in % and voting
rights of B) (A + rights of
(total B) issuer
of A)
Resulting situation 15.02 0 15.02 35,845,665
on the date on which
threshold was
crossed or reached
Position of previous 10.00 0 10.00
notification 28
September 2023
(information added
by the
Company)

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

A: Shares and voting rights

Class/type Number of % of shares and voting rights
of shares shares
and
voting
rights
ISIN code Direct Indirect Direct Indirect
(if (SMA 9:5) (SMA 9:6 (SMA 9:5) (SMA 9:6 and 9:7)
possible) and 9:7)
FI4000480215 5,385,642 0 15.02 0
SUBTOTAL A 5,385,642 15.02

B: Financial instruments according to the Finnish Securities Market Act, Chapter 9, Section 6a

Type of Expiration Exercise/ Physical or Number of shares % of shares
financial date Conversion cash and voting rights and voting
instrument period settlement rights
N/A N/A N/A N/A N/A N/A
SUBTOTAL B N/A N/A

Information in relation to the person subject to the notification obligation:

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.

Sitowise Group Plc

Additional information:

Hanna Masala, CFO, Sitowise Group Plc, tel. +358 40 558 1323

Distribution:

Nasdaq Helsinki
Major media
www.sitowise.com

About Sitowise

Sitowise is a Nordic expert in the built environment and forestry with strong focus on digitality. We provide design and consulting knowhow to enable more sustainable environment and smarter urban development as well as smooth transportation. Sitowise offers services related to real estate and buildings, infrastructure, and digital solutions both in Finland and in Sweden. Global megatrends drive huge changes that require a re-evaluation of the smartness in the built environment - therefore we have set our vision to be Redefining Smartness in Cities. The Group's net sales were EUR  211 million in 2023 and the company employs more than 2,100 experts. Sitowise Group Plc is listed on Nasdaq Helsinki under the trading symbol SITOWS.