NOTIFICATION OF A CHANGE IN OWNERSHIP INTEREST UNDER CHAPTER 2, SECTION 10 OF THE FINNISH SECURITIES MARKET ACT
STOCKMANN plc
Major shareholders announcements
14.8.2009 at 18.45
NOTIFICATION OF A CHANGE IN OWNERSHIP INTEREST UNDER CHAPTER 2, SECTION 10
OF THE FINNISH SECURITIES MARKET ACT
Based on a transaction completed and an announcement received by Stockmann
Plc ("Stockmann" or the "Company") today, Stockmann anounces that the
holdings of HTT Holding Oy Ab, a subsidiary of Hartwall Capital Oy ("HTT
Holding"), will exceed the flagging threshold of 1/20 (5%) and that
possible future holdings will exceed the flagging threshold of 1/10 (10%).
The change is a result of the transaction notified earlier today by
Stockmann.
A. Identity of the issuer of the shares:
Stockmann Plc, corporate ID 0114162-2
B. Reason for the notification:
Based on the authorisation granted by the annual general meeting of
shareholders on 18 March 2008, the Company's Board of Directors offered
today a directed issue to HTT Holding, whereby a total of 2,433,537 new
Series A shares and a total of 3,215,293 new Series B shares were issued
(the "Directed Issue"). The new shares represent approximately 8.39 per
cent of all shares issued and outstanding in the Company and the votes
attached to such shares after the Directed Issue. As a consequence of the
Directed Issue, the holdings of HTT Holding will exceed 1/20 (5%) of all
the shares and votes in Stockmann. Prior to today's transaction, Hartwall
Capital Oy owns 336,000 Series B shares in the Company. Hartwall Capital
Oy is not a party to the transaction announced today.
C. Full name of person subject to the notification obligation:
HTT Holding Oy Ab, corporate ID 0758027-1
Hartwall Capital Oy (corporate ID 0711984-8, the parent company of the
group)
D. Date of the transaction and date on which the threshold is exceeded:
14 August 2009
E. Threshold that is exceeded:
Exceeded 1/20 (5%) and, the possible future ownership over 1/10 (10%)
F. Notified details:
Exact share of Stockmann plc's shares and voting rights attached to them
Resulting holdings after the Directed Issue
| Number of | Number of | Share of | Share of |
| shares | voting | share | voting |
| A+B | rights, A+B | capital, per | rights, per |
| | | cent | cent |
| Hartwall | 0+336,000 | 0+336,000 | 0.50 | 0.10 |
Capital Oy
| HTT Holding | 2,433,537 | 24,335,370 | 8.39 | 8.39 |
| | Oy | +3,215,293 | +3,215,293 |
| Total | 5,984,830 | 27,886,663 | 8.89 | 8.49 |
After the registration of the Directed Issue, the total number of shares
in the Company is 67,352,166 shares (29,015,586 Series A shares and
38,336,580 Series B shares).
G. Additional information
In addition, HTT Holding has undertaken to subscribe for any Offer Shares
that remain unsubscribed for in the Rights Offering announced earlier
today, excluding such shares in respect of which certain shareholders of
the Company have provided a commitment to subscribe for their pro rata
share of the Rights Offering. If HTT Holding's commitment is exercised in
full, HTT Holding's holdings in Stockmann would increase to 11.27 per cent
of the shares and to 10.66 per cent of the voting rights after the
registration of the shares to be issued in the Rights Offering in the
Trade Register and, correspondingly, HTT Holding's and Hartwall Capital
Oy's aggregate holdings would increase to 11.75 per cent of the shares and
10.76 per cent of the voting rights.
HTT Holding's undertakings are based on an agreement signed today with
Stockmann relating to the Directed Issue and the Rights Offering to be
ended on or about 29 September 2009.
STOCKMANN plc
Hannu Penttilä
CEO
DISTRIBUTION
Nasdaq OMX Helsinki Ltd
Principal media
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