Announcement of a change in shareholding according to Chapter 9, Section 10 of
the Finnish Securities Market Act
Musti Group plc Stock Exchange
Release 22 February 2024 at 9.00 a.m.
Musti Group plc (the “Company”) has on 20 February 2024 received a notification
in accordance with the Chapter 9, Section 5 of the Finnish Securities Markets
Act from Efanor Investimentos, SGPS S.E., according to which the combined
holding of Flybird Holding Oy and Sonae - SGPS, S.A. (“Sonae”) of the shares and
votes of the Company increased above the threshold of 10 percent on 20 February
2024.
Sonae holds a total of 4,969,294 shares rights corresponding to an ownership of
14.82 percent of the Company's shares.
Total positions of Sonae according to the notification:
% of % of shares and Total Total number of shares
shares voting rights of and voting rights of
and through financial both issuer
voting instruments (total in %
rights of B) (A +
(total B)
of A)
Resulting 14.82 - 14.82 33,535,453
situation on the
date on
which threshold
was crossed or
reached
Position of 5.67 - 5.67 33,535,453
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 Number % of shares and voting rights
of shares of
shares
and
voting
rights
ISIN code Direct Indirect Direct Indirect
(if (SMA (SMA 9:6 and 9:7) (SMA 9:5) (SMA 9:6 and 9:7)
possible) 9:5)
FI4000410758 N/A 4,969,294 N/A 14.82
SUBTOTAL A N/A 4,969,294 N/A 14.82
B: Financial instruments according to the Finnish Securities Market Act 9:6a
Type of Expiration Exercise/ Physical or Number of shares % of shares
financial date Conversion cash and voting rights and voting
instrument period settlement rights
N/A
SUBTOTAL B N/A N/A
Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held:
Name % of shares % of shares and votingrights Total of both
and voting throughfinancial instruments
rights
Efanor 0 0 0
Investimentos,
SGPS, S.E.
Sonae - SGPS, 1.69 0 1.69
S.A.
Sonae Holdings, 0 0 0
S.A.
Flybird Holding 13.13 0 13.13
Oy
Additional information:
Flybird Holding Oy has, in connection with a voluntary public tender offer for
all the shares in Musti Group Plc, acquired shares in Musti Group Plc in public
trading at a price not exceeding the offer price of the tender offer.
On 20 February 2024, Flybird Holding Oy announced the final result of the tender
offer according to which shares validly tendered and not validly withdrawn in
the tender offer during the initial offer period, together with the shares
otherwise acquired or held by the offeror, represented 42.99 per cent of all the
issued and outstanding shares in Musti Group Plc calculated on a fully diluted
basis.
For the sake of clarity, the figures in the final result announcement do not
include any shares acquired by Flybird Holding Oy on or after 20 February 2024
after the publication of the final result announcement. Shares in Musti Group
Plc that have been acquired by Flybird Holding Oy after the announcement of the
final results of the tender offer and by the end of the trading day on 20
February 2024, together with shares validly tendered and not validly withdrawn
in the tender offer during the initial offer period and with the shares
otherwise acquired or held by the offeror prior to the final results
announcement, represent 49.06 per cent of all the issued shares in Musti Group
Plc.
Additional information
Martin Svedholm
Director, Treasury and Investor Relations
tel. +358 50 579 0324, martin.svedholm@mustigroup.com
Musti in brief
Musti makes the life of pets and their owners easier, safer and more fun. We are
the leading Nordic pet care company, and we operate an omnichannel business
model to cater for the needs of pets and their owners across Finland, Sweden and
Norway. We offer a wide, curated assortment of pet products. We also provide pet
care services such as grooming, training and veterinary services in selected
locations.
Musti Group's net sales were EUR 426 million in the financial year 2023. At the
end of the financial year 2023, the company had 1,643 employees, 1.5 million
loyal customers and 342 stores.