Flaggings

Shareholder notifications of changes in their holding

Under the provisions of the Finnish Securities Markets Act (Chapter 9, Section 5 and 6), shareholders of listed companies have an obligation to notify both the Finnish Financial Supervision Authority and the listed company of changes in their holdings.

Which circumstances require a notification?

A flagging notification is made whenever one’s proportion of holdings or votes in any listed company reaches, exceeds or falls below a flagging threshold. The thresholds are 5%, 10%, 15%, 20%, 25%, 30%, 50%, 2/3 and 90% of the number of voting rights or shares in a company.

Notifications of changes in holdings must be made without undue delay by email to ir@kalmarglobal.com

More information available on FIN-FSA website.