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Harvia Oyj
Harvia Plc: Disclosure under chapter 9, section 10 of the securities market act (GlobeNewswire)

2019-02-28 18:00

HARVIA PLC STOCK EXCHANGE RELEASE 28 FEBRUARY 2019 AT 7.00 P.M. EET

 

Harvia Plc ("Harvia") has received on 28 February 2019 the following notification pursuant to Chapter 9, section 5 of the Securities Markets Act ("SMA"), according to which CapMan Buyout X Fund B Ky has sold 678,207 shares in Harvia in an accelerated book-building process (the "Share Sale"). In connection with the Share Sale, CapMan Buyout X Fund B Ky's direct holding in Harvia's shares and votes has decreased below 5 percent. Following the Share Sale, CapMan Buyout X Fund B Ky holds 679,882 shares in Harvia.

 

Aggregate position of CapMan Buyout X Fund B Ky according to 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
3.64% - 3.64% 18,694,236
Position of previous
notification (if applicable)
7.27% - 7.27% -


Notified details of the resulting situation following the crossing of threshold:  

 

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)
FI4000306873 679,882 - 3.64% -
SUBTOTAL A 679,882 - 3.64% -

 

HARVIA PLC


 

Additional information:

Ari Vesterinen, CFO
tel. +358 40 5050 440
ari.vesterinen@harvia.fi

 

Harvia in short
Harvia is one of the leading companies operating in the sauna and spa market globally, as measured by revenue. Harvia's brands and product portfolio are well-known in the market and the company's comprehensive product portfolio strives to meet the needs of the international sauna and spa market of both private and professional customers.

Harvia's revenue totaled EUR 61.9 million in 2018, its operating profit was EUR 9.4 million and adjusted operating profit EUR 10.9 million during the same period. The company employs some 400 professionals in Finland, China and Hong Kong, Romania, Austria, United States, United States, Germany and Estonia. The company is headquartered in Muurame, Finland, adjacent to its largest sauna and sauna component manufacturing facility.




This announcement is distributed by West Corporation on behalf of West Corporation clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Harvia Oyj via Globenewswire


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