TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

 | Source: Powerflute Oyj Powerflute Oyj

 

For filings with the FSA include the annex
For filings with issuer exclude the annex

 

  

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

 

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:  
Powerflute Oyj

 

2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights NO
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached NO
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments NO
An event changing the breakdown of voting rights  
NO
Other (please specify):  Bestinver Gestión S.A., SGIIC shall exercise the voting rights attached to the assets of UIS SICAV, a SICAV under its investment management, as of May 15th, 2012. YES
     

  

3. Full name of person(s) subject to the notification obligation: BESTINVER GESTION S.A., SGIIC
4. Full name of shareholder(s) (if different from 3.): See Annex attached (investment institutions and pension funds represented by Bestinver Gestión S.A. SGIIC)
5. Date of the transaction and date on which the threshold is crossed or reached: 15.05.12
6. Date on which issuer notified:  
7. Threshold(s) that is/are crossed or reached: 10%

  

8. Notified details:
A: Voting rights attached to shares
Class/type of
shares

if possible using
the ISIN
CODE
 
 
FI0009015291
 		 Situation previous
to the triggering
transaction		 Resulting situation after the triggering transaction
Number
of
Shares
 
 
 
 		 Number
of
Voting
Rights
 
 
28.726.775		 Number
of shares		 Number of voting
rights		 % of  voting rights
Direct
 
 
 		 Direct
 
 
 		 Indirect
 
 
29.632.863		 Direct
 
 
 		 Indirect
 
 
10,22%
       
               

  

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial
instrument		 Expiration
date		 Exercise/
Conversion
Period		 Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.
 		 % of voting
rights
         

 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial
instrument		 Exercise
price		 Expiration
date		 Exercise/
Conversion
period		 Number of voting
rights instrument
refers to		 % of voting rights
 
          Nominal Delta
 
   

  

Total (A+B+C)
 
Number of voting rights Percentage of voting rights
29.632.863 10,22%

 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
 
Bestinver Gestión S.A. SGIIC is a Spanish fund management company. As a fund management company it exercises the voting rights attached to the shares property of the investment institutions it manages and represents. Additionally, Bestinver Gestión S.A. SGIIC has been granted a power of attorney to exercise the voting rights attached to the shares under the property of the pension funds managed by Bestinver Pensiones EGFP, S.A.
 
Please find attached the Annex with detail of the holdings of each investment and pension fund. Please notice that Bestinver Internacional F.I. and Bestinfond F.I. have a holding equal to 3,93% and 2,75% of Powerflute Oyj, respectively.
 

  

Proxy Voting:
10. Name of the proxy holder:  
11. Number of voting rights proxy holder will cease to hold:  
12. Date on which proxy holder will cease to hold voting rights:  

  

13. Additional information:  
14. Contact name: Elena Morris Sanz
15. Contact telephone number: +34 91 595 91 58

 

Attachments