ROBIT PLC STOCK EXCHANGE RELEASE 24 MAY 2017 AT 8.20 P.M.
ANNOUNCEMENT OF A CHANGE IN SHAREHOLDING ACCORDING TO CHAPTER 9, SECTION 10 OF THE FINNISH SECURITIES MARKET ACT
Robit Plc has on 24 May 2017 received a notification from Harri Sjöholm in accordance with the Finnish Securities Market Act Chapter 9, Section 5.
According to the announcement, the total number of Robit shares owned by Harri Sjöholm and the company controlled by him, Five Alliance Oy, decreased below twenty-five (25) per cent of the shares of Robit Plc on 24 May 2017.
Total position of Harri Sjöholm and the company controlled by him, Five Alliance Oy, subject to the notification:
| % of shares and votes | % 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 | 20,93 % | - | 20,93 % | 21 083 900 |
| Position of previous notification (if applicable) | - | - | - | - |
Notified details of the resulting situation on the date on which the threshold was crossed and reached:
| A: Shares and voting rights | ||||
| Class/type of shares ISIN code | 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) | |
| FI4000150016 | 3 888 | 4 408 253 | 0,02 % | 20,91 % |
| SUB-TOTAL A | 4 412 141 | 20,93 % | ||
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:
| Name | % of shares and votes | % of shares and voting rights through financial instruments | Total number of shares and voting rights of issuer |
| Harri Sjöholm | 0,02 % | - | 3 888 |
| Five Alliance Oy | 20,91 % | - | 4 408 253 |
Additional information included in the notification:
The Company has on 24 May 2017 decided to issue 5,000,000 new shares. In connection with the issue, the largest shareholder of the Company, Five Alliance Oy has sold 2,000,000 shares. The ownership after the completion of share sale is calculated based on the new total number of shares after the issue of new shares.
ROBIT PLC
Harri Sjöholm, Chairman of the Board of Directors
Additional information:
Harri Sjöholm, Chairman of the Board of Directors
+358 400 622 092
harri.sjoholm@robit.fi
Robit is a strongly internationalized growth company selling and servicing global customers in drilling consumables for applications in mining, construction and contracting, tunneling and well drilling. The company's offering is divided into three product and service range: Top Hammer and Down-the-Hole products as well as Digital Services. Robit has 21 own sales and service points as well as active sales networks in 115 countries. The manufacturing units are located in Finland, South Korea, Australia, UK and USA.
Distribution:
Nasdaq Helsinki Ltd
Major Media
www.robitgroup.com