HARVIA PLC STOCK EXCHANGE RELEASE 1 MARCH 2019 AT 2.00 P.M. EET
Harvia Plc has received on 1 March 2019 the following notification pursuant to Chapter 9, section 5 of the Securities Markets Act ("SMA"), according to which total the holding of Lannebo Fonder AB (Stockholm, Sweden) in Harvia Plc shares and votes in has exceeded five (5) percent on 28 February 2019. According to the notification, the reason for the notification was acquisition of shares or voting rights.
Aggregate position of Lannebo Fonder AB according to notification:
| % of shares|
| % of shares and|
| Total of|
| Total number of|
voting rights of issuer
| Resulting situation|
on the date on which
threshold was crossed
| Position of previous|
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 9:6 and 9:7)
(SMA 9:6 and 9:7)
Ari Vesterinen, CFO
tel. +358 40 5050 440
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.
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