HKScan Corporation Stock Exchange Release 25.6.2019, 16:00 (EEST)
Disclosure under chapter 9 section 10 of the Securities Markets Act
HKScan Corporation ("HKScan" or the "Company") has received a notification under chapter 9, section 5 of the Securities Markets Act, according to which the proportion of voting rights conferred by the series A shares and series K shares in the Company held by LSO Osuuskunta on 24 June 2019 decreased below two thirds of all voting rights in HKScan.
HKScan's share capital comprises 98,951,781 shares, of which 93,551,781 are series A shares and 5,400,000 are series K shares. Each series A share entitles its holder to one (1) vote and each K share to twenty (20) votes in the general meeting of the Company. Thus, the total number of votes is 201,551,781.
Total positions of LSO Osuuskunta subject to the notification:
|% of shares and voting rights (total of A)||% of shares and voting rights through financial instruments (total B)||Total of both in % (A+B)||Total number of shares and voting rights of the target company|
|Resulting situation on the date on which the threshold was crossed or reached||30.13% of shares,59.43% of voting rights||-||30.13% of shares,59.43% of voting rights||98,951,781 shares, 201,551,781 voting rights.|
|Positions of previous notification (if applicable)||-||-||-|
Notified details of the resulting situation on the date on which the threshold was crossed:
A: Shares and voting rights:
|Class/type of sharesISIN 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)|
|A share, FI0009006608||25,083,884||-||25.35% of shares.12.45% of voting rights.||-|
|K share, FI0009006662||4,735,000 shares.94,700,000 voting rights.||-||4.78% of shares.46.98% of voting rights.||-|
|A in total||29,458,884 shares.119,783,884 voting rights.||-||30.13% of shares.59.43% of voting rights.||-|
Board of Directors
For more information please contact: HKScan Media Service Desk +358 10 570 5700 or by email to: email@example.com
HKScan is a Nordic meat and meals company. We employ nearly 7 200 professionals in striving to serve the world's most demanding consumers, maintaining quality throughout the full chain of operations, From Farm to Fork. HKScan produces, markets and sells high-quality, sustainably produced pork, beef, poultry and lamb products, as well as charcuterie and meals, with strong consumer brands, including HK®, Scan®, Rakvere®, Kariniemen®, Rose®, Pärsons® ja Tallegg®. Our customers are the retail, food service, industrial and export sectors, and our home market comprises Finland, Sweden, Denmark and the Baltics. We export to close to 50 countries. In 2018, HKScan had net sales of EUR 1.7 billion.