Skip to main content

HONKARAKENNE: NOTICE PURSUANT TO THE FINNISH SECURITIES MARKET ACT, CHAPTER 9, SECTION 5

Written by Customer Service on . Posted in Public Companies.

HONKARAKENNE OYJ Stock Exchange 1 June 2020 at 12:00 a.m.
HONKARAKENNE: NOTICE PURSUANT TO THE FINNISH SECURITIES MARKET ACT, CHAPTER 9, SECTION 5Honkarakenne Oyj has received the following notification pursuant to Chapter 9, Section 5 of the Finnish Securities Market Act:Saarelainen Oy’s holding of shares in Honkarakenne Oyj’s shares has exceeded 10 percent of total number of shares.1. Identity of the issuer: Honkarakenne Oyj                     
                                                        
2. Reason for the notification: An acquisition or disposal of shares or voting rights                           
                                                        
3. Details of person subject to the notification obligation:Name: Saarelainen Oy City and country of residence: Tuusula, Suomi
                  
5. Date on which the threshold was crossed or reached: 29 June 20206. Total positions of person(s) subject to the notification obligation:7. Notified details of the resulting situation on the date on which the threshold was crossed or reached:A: Shares and voting rights8. Information in relation to the person subject to the notification obligationX 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: 10. Additional information:
Saarelainen Oy’s holding of shares in Honkarakenne shares has exceeded 10 percent of total number of shares.Saarelainen Oy and certain shareholders representing the Saarelainen family signed an amended shareholder agreement on 17 February 2009. The previous shareholder agreement was signed on 21 April 1990. The parties to the agreement agreed that the shareholders will strive to exercise their voting rights unanimously at company meetings. If they are unable to reach consensus, the shareholders will vote in favour of Saarelainen Oy’s position.HONKARAKENNE OYJMarko Saarelainen
President and CEOFOR MORE INFORMATION:
Marko Saarelainen, President and CEO, tel. +358 40 542 0254, marko.saarelainen@honka.com or
Leena Aalto, Vice President, Finance – CFO, tel. +358 40 769 4590, leena.aalto@honka.comDISTRIBUTION
NASDAQ OMX Helsinki Oy
Main media
Financial supervision
www.honka.comHonkarakenne Oyj supplies high-quality, healthy and ecological log homes, holiday homes and public buildings. Its buildings are made from Finnish solid wood under the Honka® brand. The company has delivered 85,000 buildings to over 50 countries. We manufacture our home packages in Finland, our own factory is located in Karstula. In 2019, Honkarakenne Group’s consolidated net sales totalled EUR 47.5 million, of which exports accounted for 34%. www.honka.com
 

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.