Adapteo Plc: Flagging notification in accordance with Chapter 9, Section 10 of the Securities Markets Act
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Adapteo Plc Regulatory press release 24 January 2020 at 17:00 p.m. CET
Adapteo Plc (the “Company”) has on 23 January 2020 received a notification pursuant to Chapter 9, Section 5 of the Securities Markets Act from Nordea Funds Ltd.
According to the notification, the holding of Nordea Funds Ltd in the Company’s shares and votes has fallen below 5 per cent on 22 January 2020. Nordea Funds Ltd holds a total of 2,171,702 shares and 2,224,910 voting rights corresponding to an ownership of 4.86 percent in Adapteo’s shares and 4.98 percent in votes.
Adapteo has a total of 44,682,697 shares. Each share entitles its holder to one (1) vote.
Total position of Nordea Funds Ltd according to the notification:
| % of shares and voting rights (total of A) | % of shares and voting rights through financial instruments (total of B) | Total of both in % (A + B) | Total number of shares and voting rights of issuer | |
| Resulting situation on the date on which threshold was crossed or reached | Shares: less than 5% Voting rights: less than 5% | 0.00 | Shares: less than 5% Voting rights: less than 5% | 44,682,697 |
| 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 of shares | Number of shares and voting rights | Number of shares and voting rights | % of shares and voting rights | % of shares and voting rights |
| ISIN code (if possible) | Direct (SMA 9:5) | Indirect (SMA 9:6 and 9:7) | Direct (SMA 9:5) | Indirect (SMA 9:6 and 9:7) |
| FI4000383898 | 2,171,702 shares, 2,224,910 voting rights | - | 4.86% shares, 4.98% voting rights | - |
| SUBTOTAL A | 2,171,702 shares, 2,224,910 voting rights | 2,171,702 shares, 2,224,910 voting rights |
B: Financial Instruments according to SMA 9:6a
| Type of financial instrument | Expiration date | Exercise/Conversion period | Physical or cash settlement | Number of shares and voting rights | % of shares and voting rights |
| SUBTOTAL B |
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.
For additional information, please contact
Niklas Alm, Interim SVP Investor Relations, +46 708244088, niklas.alm@adapteo.com
Adapteo in brief
Adapteo is a leading Northern European provider of modular space solutions. We operate in Sweden, Finland, Norway, Denmark and Germany. Adapteo is a new brand with over 30 years of experience, born from the acquisition of Nordic Modular Group and the demerger from Cramo. We offer premium modular space solutions to schools, daycare centers, offices, accommodation and events for temporary and permanent needs. In 2018, Adapteo’s pro forma net sales were EUR 221 million. Pro forma net sales include the modular space business of Cramo Plc and acquired Nordic Modular Group’s net sales for full year.
A changing society needs adaptable space. At Adapteo, we make sure everyone has the right kind of space, so that people can grow, and societies can move ahead. We create flexible modular spaces that are good for the planet and great for the future. Adapteo is listed on Nasdaq Stockholm.
Space to grow