Rovio Entertainment Corporation
Stock Exchange Release
19 December 2018 at 7:30 p.m. (EET)
Flagging notification in accordance with Chapter 9, Section 10 of the Securities Markets Act
Rovio Entertainment Corporation (the "Company") has received a notification pursuant to Chapter 9, Section 5 of the Securities Markets Act from Oivor AB. According to the notification, the holding of Oivor AB in the Company's shares and votes has risen above 30 percent threshold on 18 December 2018.
The change is due to a reorganization where the Company's shares previously owned by Trema International Holding B.V. have been resolved to be transferred to Oivor AB. Following the transfer, Trema International Holding B.V's direct ownership in the Company will decrease to zero. The beneficial owners of both, Oivor AB and Trema International Holding B.V., are Kaj Hed with 40 percent share of ownership and Camilla Hed-Wilson, Mikael Hed and Jonathan Hed, each with a 20 percent share of ownership. The beneficial owners use their decision-making powers in Oivor AB and Trema International Holding B.V. in proportion to their ownership. As the control of the Company's shares won't de facto be transferred, the Financial Supervisory Authority has granted Oivor AB an exemption from the obligation to make a takeover offer pursuant to the Securities Markets Act.
Total positions of Oivor AB:
| % of shares and voting rights (A) | % of shares and voting rights through financial instruments (B) | Total of Both in % (A + B) | Total number of shares and voting rights of issuer | |
| Resulting situation of the date on which the threshold was crossed of reached | 40.65 % | - | 40.65 % | 79,447,542 |
Notified details of the resulting situation on the date on which the threshold was crossed or reached:
A: Shares and voting rights
| Class/type of shares ISIN code | Number of shares and voting rights | % of shares and voting rights | ||
| ISIN code | Direct (SMA 9:5) | Indirect (SMA 9:6 and 9:7) | Direct (SMA 9:5) | Indirect (SMA 9:6 and 9:7) |
| FI4000266804 | 32,297,528 | - | 40.65 % | - |
| TOTAL | 32,297,528 | 40.65 % | ||
The Company has a total of 79,447,542 shares.
Rovio Entertainment Corporation
Distribution:
Nasdaq Helsinki and key media
www.rovio.com
Further information:
Mikko Setälä, Executive Vice President, Investor Relations
mikko.setala@rovio.com
tel. +358-207-888-300 (switchboard)
Investor pages: https://www.rovio.com/investors?language=en
About Rovio:
Rovio Entertainment Corporation is a global, games-first entertainment company that creates, develops and publishes mobile games, which have been downloaded over 4 billion times. The Company is best known for the global Angry Birds brand, which started as a popular mobile game in 2009, and has since evolved from games to various entertainment and consumer products in brand licensing. Today, the Company offers multiple mobile games, animations and has produced The Angry Birds Movie, which opened number one in theatres in 50 countries and the sequel which is in production. Rovio is headquartered in Finland and the company's shares are listed on the main list of NASDAQ Helsinki stock exchange with the trading code ROVIO. (www.rovio.com)