Lehto Group Plc: Disclosure Under Chapter 9 Section 10 of the Securities Market Act
Lehto Group Plc
Stock exchange release
31 January 2025 at 17.05 (Finnish time)
Lehto Group Plc (”Lehto”, Business ID: 2235443-2) has received a flagging notification from Keskinäinen Eläkevakuutusyhtiö Ilmarinen (“Ilmarinen”), pursuant to Chapter 9 Section 5 of th Finnish Securities Markets Act. According to the notification, the share of Ilmarinen’s ownership and votes in Lehto Group Plc has exceeded five pecent (5%) on January 31, 2025.
- Name of the notifier: Keskinäinen Eläkevakuutusyhtiö Ilmarinen
- Basis of the notification: Convertible bond conversion as shares
- Date of reaching the flagging threshold: 31 January 2025
The increase in ownership is related to conversion of Ilmarinen’s investment in Lehto’s 15 million euros convertible bond as shares in a directed share issue.
After the conversion of the convertible bond, the number of Lehto's shares is a total of 162,339,410 shares. Each share has one (1) vote.
The position of Ilmarinen according to the notification:
| % 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 Lehto Group Plc | |
| Resulting situation on the date on which threshold was crossed or reached | 7,0839 % | – | 7,0839 % | 162 339 410 |
| Position of previous notification (if applicable) | – | – | – | – |
Notified details of the resulting situation on the date on which the threshold was crossed or reached:
A: Shares and voting rights
| Class/type ofsharesISIN 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 ja 9:7) |
|
| FI4000081138 | 11 500 000 | 0 | 7,0839 % | 0 |
| SUBTOTAL A | 11 500 000 | 7,0839 % | ||
Additional information
Veli-Pekka Paloranta, CFO
+358 400 944 074