SRV GROUP PLC STOCK EXCHANGE RELEASE 30 SEPTEMBER 2019 18.50 EET
SRV Group Plc: Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10
SRV Group Plc has received an announcement from Timo Tapani Kokkila on 30 September 2019, in accordance with the Finnish Securities Market Act Chapter 9, Section 5. According to the announcement
Timo Tapani Kokkila’s direct holding in SRV Group Plc ‘s shares decreased below 5 per cent and his indirect holding through Havu Capital Oy, a company controlled by him, exceeded over 10 per cent of the share capital of SRV Group Plc as a result of share transactions concluded on 30 September 2019. Havu Capital Oy is a company wholly owned by Timo Tapani Kokkila.
Total position of Timo Tapani Kokkila subject 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 | 12.59% | - | 12.59% | 60,499,575 |
| Position of previous notification (if applicable) | 12.30% | - | 12.30% |
Notified details of the resulting situation on the date on which the threshold was crossed:
A: shares and voting rights
| Class/type of shares ISIN code (if possible) | Number of shares and voting rights | % of shares and voting rights | ||
| Direct (SMA 9:5) | Indirect (SMA 9:6 and 9:7) | Direct (SMA 9:5) | Indirect (SMA 9:6 and 9:7) | |
| FI0009015309 | 0 | 7,617,216 | 0 | 12.59% |
| SUBTOTAL A | 7,617,216 | 12.59% | ||
Information in relation to the person subject to the notification obligation and full chain of controlled undertakings through which the voting rights or the financial instruments are held:
| Name | % of shares and voting rights | % of shares and voting rights through financial instruments | Total of both |
| Timo Tapani Kokkila | - | - | - |
| Havu Capital Oy | 12.59% | - | 12.59% |
For further information, please contact:
Ilkka Pitkänen, CFO, Tel. +358 40 667 0906, ilkka.pitkanen@srv.fi
Johanna Ylitalo, Communications Manager, Tel. +358 40 510 8604, johanna.ylitalo@srv.fi
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SRV in brief
SRV is a bold developer and innovator in the construction industry. We want to offer the best customer experience as a constructor of urban city centres, while also being the most attractive employer in the industry. Our genuine cooperation and enthusiasm for our work comes across in every encounter. Sustainability is reflected in all our activities.
Established in 1987, we are a publicly listed company since 2007 in Helsinki Nasdaq stock exchange that operates in selected growth centres in Finland and Russia. Our revenue in 2018 was EUR 960 million. Over 1,000 people work for us and we employ a network of almost 4,000 subcontractors in our projects.
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