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 a share transaction concluded earlier today,
the holding of Workidea Oy (business identity code 0790728-9), a company
controlled by Mrs. Kirsti Paakkanen, has decreased below 1/5 of the share
capital and voting rights of Marimekko Corporation, i.e. from 20% to 10%.
Furthermore, Workidea Oy has notified that it has today granted Muotitila Ltd 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, Workidea Oy's holding of the shares and
voting rights will decrease to 0.
Workidea Oy 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, Workidea Oy's
holding of the votes of Marimekko Corporation has today decreased below 1/20.
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 Workidea Oy of the share capital and
voting rights of Marimekko Corporation following the share transactions and
agreement is as follows:
Number Holding Holding Holding
of shares of share of votes
capital (taking into
account the
voting
authorisation)
Workidea Oy 804,000 shares 10.0% 0%.
Kirsti Paakkanen 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