Sitowise Group Plc: Announcement of a change in shareholding according to
Chapter 9, Section 10 of the Finnish Securities Market Act
Stock Exchange Release 26 April 2021, at 9:00 a.m. (EET)
Sitowise Group Plc (the "Company") has received a notification in accordance
with the Chapter 9, Section 10 of the Finnish Securities Market Act from Intera
Partners Oy ("Intera"), according to which Intera's indirect holding of the
shares and votes of the Company totals to 14.6 percent and Intera's holding
through financial instruments decreased below the threshold of 5 percent. The
change was due to a share lending agreement signed by Intera Fund III Ky, a
partnership ultimately controlled by Intera, and Danske Bank A/S, Finland Branch
("Danske") in connection with the Initial Public Offering of the Company on 25
March 2021, according to which Intera has lent 2,558,750 existing shares in the
Company to Danske. Danske has on 23 April 2021 notified Intera that it will
partly exercise the over-allotment option described in the Company's offering
circular dated 12 March 2021. Danske will purchase 1,970,557 shares in the
Company from Intera in accordance with the over-allotment option and redelivers
simultaneously to Intera the shares borrowed by Danske according to the share
lending agreement. As a result, Intera's indirect holding through financial
instruments has decreased to zero, i.e. below the threshold of 5 percent, and
the total position through indirect holdings of shares and votes and through
financial instruments has fallen below the threshold of 15 percent.
Total positions of Intera according to 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 14.56% 0% 14.56% 35,165,927
situation on
the date
on which
threshold was
crossed
or reached
Position of 13.14% 7.42% 20.56%
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 % of shares and voting rights
of shares shares
and
voting
rights
ISIN code Direct Indirect Direct Indirect
(if (SMA 9:5) (SMA 9:6 (SMA 9:5) (SMA 9:6 and 9:7)
possible) and 9:7)
FI4000480215 N/A 5,121,573 N/A 14.56%
SUBTOTAL A 5,121,573 14.56%
Information in relation to the person subject to the notification obligation:
Full chain of controlled undertakings through which the shares, voting rights or
financial instruments are effectively held (starting with the ultimate
controlling natural person or legal entity):
Name % of shares % of shares and voting rights Total of both
and voting through financial instruments
rights
Intera 0% 0% 0%
Partners Oy
Intera Equity 0% 0% 0%
Partners III
Oy
Intera Fund 14.56% 0% 14.56%
III Ky
Further enquiries
Minttu Vilander, Chief Communications and Corporate Responsibility Officer,
Sitowise Group Plc, tel. +358 40 575 6660
Information about Sitowise
Sitowise is a Nordic expert in the built environment that offers sustainable
design and consulting services. Sitowise operates in various size projects to
enable more responsible and smarter urban development as well as smooth
transportation. Sitowise offers its services in the following areas: Buildings,
Infrastructure and Digital Solutions. Sitowise’s operations are primarily in
Finland and Sweden, and it also has competence centers in Estonia and Latvia
mainly serving Sitowise’s projects in Finland and Sweden. The group’s net sales
was approximately EUR 160 million in 2020 and the company employs over 1,900
experts.