Pursuant to Chapter 2 Section 10 of the Securities Market Act, Marimekko
Corporation (business identity code 0111316-2) hereby notifies of the receipt of
a notification, whereby, following share transactions concluded earlier today,
the holding of Muotitila Ltd (business identity code 2150336-0), a company
controlled by Mr. Mika Ihamuotila, has exceeded 1/10 of the share capital and
voting rights of Marimekko Corporation, i.e. increased to 13%.
Furthermore, Muotitila Ltd has notified that it has today agreed with Workidea
Oy on a right to acquire the remaining shares in Marimekko Corporation held by
Workidea Oy (totalling 804,000 shares) at any time prior to the end of the year
2008. If Muotitila Ltd uses its right to acquire, its holding of the shares and
voting rights of Marimekko Corporation will exceed 1/5.
Muotitila Ltd has further notified that, in connection with the above agreement,
Workidea Oy has as of today authorised Muotitila Ltd to use the voting rights
attached to the shares covered by the agreement in ordinary matters handled by
general meetings of shareholders. Based on this authorisation, Muotitila Ltd's
holding of the votes of Marimekko Corporation has today exceeded 1/5. The
authorisation will be automatically cancelled if Muotitila Ltd has not used its
right to acquire the shares by the end of the year 2008.
Pursuant to the notification the holding of Muotitila Ltd of the share capital
and voting rights of Marimekko Corporation (following today's share transactions
and agreement) is as follows:
Number Holding Holding
of shares of share of votes
capital (taking into
account the
voting
authorisation)
Muotitila Ltd 1,045,200 shares 13.0% 23.0%.
Mika Ihamuotila does not own any other shares in Marimekko Corporation (either
directly or indirectly).
The registered share capital of Marimekko Corporation is EUR 8,040,000
consisting of 8,040,000 shares, each with one (1) vote.
MARIMEKKO CORPORATION
Corporate Communications
Marja Korkeela
Tel. +358 9 758 7238
Fax +358 9 759 1676
E-mail: marja.korkeela@marimekko.fi
Distribution:
OMX Nordic Exchange Helsinki
Principal media
Marimekko's site: www.marimekko.com
NOTIFICATION PURSUANT TO CHAPTER 2 SECTION 10 OF THE SECURITIES MARKET ACT ON CHANGES OF HOLDINGS IN MARIMEKKO CORPORATION
| Source: Marimekko Oyj