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 26 August 2021 at 16:45 CEST
Adapteo Plc (the "Company") has received on 25 August 2021 the following notification pursuant to Chapter 9, Section 5 of the Securities Markets Act (the "SMA") from Sterling Strategic Value Fund S.A., SICAV-RAIF.
According to the notification, the holding in the Company's shares and votes of Sterling Strategic Value Fund S.A., SICAV-RAIF has fallen below the threshold of five (5) per cent on 25 August 2021. According to the notification, the reason for the notification was a disposal of shares or voting rights.
Total position of Sterling Strategic Value Fund S.A., SICAV-RAIF in the Company according to the notification:
|
% of shares and voting rights |
% 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 | 0% | 0% | 49,124,722 | |
| Position of previous notification (if applicable) | 5.0148% | 5.0148% |
Notified details of the resulting situation on the date on which the threshold was crossed:
Shares and voting rights
| Number of shares and voting rights | % of shares and voting rights | |||
| Class / type of shares | Direct (SMA 9:5) |
Indirect (SMA 9:6 and 9:7) |
Direct (SMA 9:5) |
Indirect (SMA 9:6 and 9:7) |
| FI4000383898 | 0 | 0% | ||
| SUBTOTAL A | 0 | 0% | ||
According to the notification, the 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 Company.
For additional information, please contact
Jesse Räisänen, Vice President, Treasury & Investor relations, +358 45 175 56 88, jesse.raisanen@adapteo.com
Adapteo in brief
Adapteo is a leading flexible real estate provider in Northern Europe. We build, rent out and sell adaptable buildings for schools, daycare centres, care, offices, accommodation and events. We know that our society will go through an immense change in the years to come. Whatever the future brings, we believe that adaptability is the best solution. With our buildings, we can transform, repurpose, scale up and scale down in a matter of weeks by using a modular and circular building concept. Our buildings can be used for a few days or indefinitely, always optimised for current needs. That is how we build adaptable societies.
Adapteo is listed on Nasdaq Stockholm and operates in Sweden, Finland, Norway, Denmark, Germany, and The Netherlands. In 2020, Adapteo’s Net sales were EUR 231 million.