Spinnova Plc: Notification of Change in Holdings according to Chapter 9, Section 10 of the Finnish Securities Markets Act (Maki.vc Fund I Ky)

SPINNOVA PLC, COMPANY RELEASE, 5 JUNE 2024 at 1:00 p.m. EEST

Spinnova Plc: Notification of Change in Holdings according to Chapter 9, Section 10 of the Finnish Securities Markets Act (Maki.vc Fund I Ky)

 

Spinnova Plc (the “Company”) has received a notification on 5 June 2024, according to Chapter 9, Section 5 of the Securities Markets Act, stating that Maki.vc Fund I Ky’s ownership of shares exceeds 5% of all shares and votes in Spinnova Plc. Maki.vc Fund I Ky’s ownership exceeded the notification threshold before 19 April 2024.

The notification of exceeding the ownership threshold is retroactive because of an amendment to the Securities Markets Act (HE 3/2024 vp), which came into force on 19 April 2024. The amendment extends the reporting requirements for significant ownership and voting rights, as well as the application of provisions related to public tender offers and obligation to make a tender offer, to include multilateral trading facilities such as First North Growth Market Finland alongside regulated markets.

 

Total positions of person(s) subject to the notification obligation:

 

% of shares and voting rights
(total of 7.A)

% of shares and voting rights through financial instruments
(total of 7.B)

Total of both in % (7.A + 7.B)

Total number of shares and voting rights of issuer

Resulting situation on the date on which threshold was crossed or reached

6.77

0

6.77

52 265 435

 

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

Direct

Indirect

Direct

Indirect

FI4000507595

3 540 300

6.77

SUBTOTAL A

3 540 300

 

6.77

 

Spinnova Plc

For further information, please contact:
ir@spinnova.fi

Certified advisor:
Aktia Alexander Corporate Finance Oy
Tel. +358 50 520 4098

Distribution:
Nasdaq Helsinki
Key media

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Spinnova transforms the way textiles are manufactured globally. Based in Finland, Spinnova has developed breakthrough patented technology for making textile fibre out of wood or waste, such as leather, textile or agricultural waste, without harmful chemicals.

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Spinnova has received awards from e.g. the Fast Company, ISPO, Scandinavian Outdoor, ANDAM, Monocle and Marie Claire UK.

Spinnova’s shares (SPINN) are listed on the Nasdaq First North Growth Market Finland.

SPINNOVA® home: www.spinnova.com
Corporate & IR site: www.spinnovagroup.com