HARVIA PLC STOCK EXCHANGE RELEASE 1 MARCH 2019 AT 2.00 P.M. EET
Harvia Plc has received on 1 March 2019 the following notification pursuant to
Chapter 9, section 5 of the Securities Markets Act ("SMA"), according to which
total the holding of Lannebo Fonder AB (Stockholm, Sweden) in Harvia Plc shares
and votes in has exceeded five (5) percent on 28 February 2019. According to the
notification, the reason for the notification was acquisition of shares or
voting rights.
Aggregate position of Lannebo Fonder AB according to notification:
+--------------------+-------------+---------------+--------+------------------+
| | |% of shares and| | |
| | |voting rights | |Total number of |
| |% of shares |through |Total of|shares and |
| |and |financial |both |voting rights of |
| |voting rights|instruments |in % |issuer |
+--------------------+-------------+---------------+--------+------------------+
|Resulting situation | | | | |
|on the date on which| | | | |
|threshold was | | | | |
|crossed | | | | |
|or reached |5.69% |- |5.69% |18,694,236 |
+--------------------+-------------+---------------+--------+------------------+
|Position of previous| | | | |
|notification | | | | |
|(if applicable) |- |- |- |- |
+--------------------+-------------+---------------+--------+------------------+
Notified details of the resulting situation following the crossing of
threshold:
A: Shares and voting rights:
+----------------------+---------------------------+---------------------------+
| |Number of shares and voting|% of shares and voting |
| |rights |rights |
+----------------------+---------+-----------------+---------+-----------------+
| |Direct |Indirect |Direct |Indirect |
|Class / type of shares|(SMA 9:5)|(SMA 9:6 and 9:7)|(SMA 9:5)|(SMA 9:6 and 9:7)|
+----------------------+---------+-----------------+---------+-----------------+
|FI4000306873 |1,063,574|- |5.69% |- |
+----------------------+---------+-----------------+---------+-----------------+
|SUBTOTAL A |1,063,574 |5.69% |
+----------------------+---------------------------+---------------------------+
HARVIA PLC
Additional information:
Ari Vesterinen, CFO
tel. +358 40 5050 440
ari.vesterinen@harvia.fi
Harvia in short
Harvia is one of the leading companies operating in the sauna and spa market
globally, as measured by revenue. Harvia's brands and product portfolio are
well-known in the market and the company's comprehensive product portfolio
strives to meet the needs of the international sauna and spa market of both
private and professional customers.
Harvia's revenue totaled EUR 61.9 million in 2018, its operating profit was EUR
9.4 million and adjusted operating profit EUR 10.9 million during the same
period. The company employs some 400 professionals in Finland, China and Hong
Kong, Romania, Austria, United States, United States, Germany and Estonia. The
company is headquartered in Muurame, Finland, adjacent to its largest sauna and
sauna component manufacturing facility.
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