Flaggings

Shareholder notifications of changes in their holding

Under the provisions of the Finnish Securities Markets Act (Chapter 9, Section 5 and 6), shareholders of listed companies have an obligation to notify both the Finnish Financial Supervision Authority and the listed company of changes in their holdings.

Known shareholders' agreements

Hiab is not aware of any shareholders' agreement regarding the Hiab shares or voting rights.

Which circumstances require a notification?

A flagging notification is made whenever one’s proportion of holdings or votes in any listed company reaches, exceeds or falls below a flagging threshold. The thresholds are 5%, 10%, 15%, 20%, 25%, 30%, 50%, 2/3 and 90% of the number of voting rights or shares in a company.

More information available on FIN-FSA website.