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LandFinland
ListaFirst North Finland
SektorHandel & varor
IndustriSällanköpsvaror
Duell är ett importbolag. Bolagets egna och importerade produkter säljs genom ett distributionsnätverk som täcker de europeiska marknaderna. Duells utbud av importerade produkter inkluderar utrustning, tillbehör och reservdelar för motorcyklar, snöskoter. båtliv, cykling, ATV/UTV, mopeder och skotrar. Bolaget grundades 1983 och dess huvudkontor ligger i Mustasaari, Finland.
2024-05-29 09:52:41

29.5.2024 10:52:39 EEST | Duell Oyj | Company Announcement

Duell Corporation (“Duell“ or the “Company”) has on May 28, 2024, received a notification in accordance with the Chapter 9, Section 5 of the Finnish Securities Markets Act, according to which Universal-Investment-Gesellschaft mit beschränkter Haftung’s holding of the shares and votes in the Company exceeds the 5 percent threshold. Universal-Investment-Gesellschaft mit beschränkter Haftung’s ownership exceeded the notification threshold before April 19, 2024.

The notification is announced retroactively because on April 12, 2024, the Finnish Parliament approved a government proposal to amend the Securities Markets Act (HE 3/2024 vp), which extends the reporting requirements for significant ownership and voting rights, as well as the application of provisions related to public tender offers and obligation to make a tender offer, to include multilateral trading facilities alongside regulated markets.

Total positions of Universal-Investment-Gesellschaft mit beschränkter Haftung in the Company according to the notification:

 

% 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

6.59

0.00

6.59

1,038,546,116

Position of previous notification (if applicable)

n/a

n/a

n/a

n/a

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

A: Shares and voting rights

 

Number of shares and voting rights

 

% of shares and voting rights

Class/type of shares

Direct (SMA 9:5)

Indirect (SMA 9:6 and 9:7)

Direct (SMA 9:5)

Indirect (SMA 9:6 and 9:7)

FI4000513072

 

68,443,649

 

6.59

SUBTOTAL A

68,443,649

6.59

Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held:

Name

% of share and voting rights

% of shares and voting rights through financial instruments

Total of both

Universal-Investment GmbH

 

 

 

Universal-Investment-Luxembourg S.A.

6.59

0.00

6.59

For additional information, please contact

Pellervo Hämäläinen, Communications and IR Manager
Duell Corporation
+358 40 674 5257
pellervo.hamalainen@duell.eu

Certified Advisor

Oaklins Merasco Oy
+358 9 312 9670

Duell Corporation (Duell) is an import and wholesale company based in Mustasaari, Finland, established in 1983. Duell imports, manufactures, and sells products through an extensive distribution network in Europe covering approximately 8,500 dealers. The range of products includes approximately 150,000 items under more than 550 brands. The assortment covers spare parts and accessories for motorcycling, bicycling, ATVs/UTVs, mopeds and scooters, snowmobiling, and boating. Logistics centres are in Finland, Sweden, Netherlands, France, and the UK. Duell’s net sales in 2023 was EUR 119 million and it employs over 200 people. Duell’s shares are listed on the Nasdaq First North Growth Market Finland marketplace. www.duell.eu