ROBIT PLC STOCK EXCHANGE RELEASE 17 OCTOBER 2017 AT 9.00 A.M.
ANNOUNCEMENT OF A CHANGE IN SHAREHOLDING ACCORDING TO CHAPTER 9, SECTION 10 OF THE FINNISH SECURITIES MARKET ACT
Robit Plc has on 13 October 2017 received a notification pursuant to the Finnish Securities Market Act Chapter 9, Section 5 of the Finnish Securities Market Act from OP Fund Management Company Ltd, according to which the ownership of shares and votes in Robit Plc of OP-Suomi investment fund, managed by OP Fund Management Company Ltd, has exceeded the threshold of 5% following a merger of investment funds on 21 September 2017. OP-Focus special investment fund and OP-Delta investment fund were merged into OP-Suomi Arvo investment fund on 21 September 2017 and, concurrently, the name of OP-Suomi Arvo investment fund was changed into OP-Suomi investment fund. No changes in the aggregate positions of the funds managed by OP Fund Management Company Ltd have given rise to the notification obligation. OP Fund Management Company Ltd holds 9.58% of all shares and votes in Robit Plc and following the merger OP-Suomi investment fund holds 6.56%.
Total positions of OP Fund Management Company Ltd and its funds 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 | 9,58 % | - | 9,58 % | 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 | - | 2 020 700 | - | 9,58 % |
| SUB-TOTAL A | 2 020 700 | 9,58 % | ||
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 |
| OP Fund Management Company Ltd | 0,00 % | - | 0,00 % |
| OP-Pohjoismaat Plus special investment fund | 0,95 % | - | 0,95 % |
| OP-Suomi investment fund | 6,56 % | - | 6,56 % |
| OP-Suomi Pienyhtiöt investment fund | 2,08 % | - | 2,08 % |
Additional information included in the notification:
Robit Plc has been informed by OP Fund Management Company Ltd that from 13 June 2011, OP Fund Management Company Ltd's parent company, OP Cooperative, has applied in respect of OP Fund Management Company Ltd the exception provided for in section 2, subsection 4 of the Regulation of the Finnish Ministry of Finance (152/2007). From 13 June 2011, OP Cooperative does not aggregate its own holdings, the holdings of its subsidiaries and the holdings of entities within control with the shares held by any investment funds or collective investment undertakings managed by OP Fund Management Company Ltd. OP Fund Management Company Ltd uses the voting rights of the shares held by the investment funds and collective investment undertakings independently of the parent company.
ROBIT PLC
Mika Virtanen, Group CEO
Further information:
Robit Plc
Mika Virtanen, Group CEO
+358 40 832 7583
mika.virtanen@robitgroup.com
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
Key media
www.robitgroup.com