KH Group Plc: Flagging notification in accordance with Chapter 9 Section 5 of the Finnish Securities Markets Act: Mikko Laakkonen’s holding in KH Group has crossed the threshold of 10 %, direct and indirect holding 15.04 % in total
KH Group Plc
Stock exchange release 21 August 2024 at 4:30 pm EEST
KH Group Plc: Flagging notification in accordance with Chapter 9 Section 5 of the Finnish Securities Markets Act: Mikko Laakkonen’s holding in KH Group has crossed the threshold of 10 %, direct and indirect holding 15.04 % in total
KH Group Plc has received on 21 August 2024 the following notification from Mikko Laakkonen, pursuant to Chapter 9, Section 5 of the Finnish Securities Market Act, according to which Mikko Laakkonen’s total holding of shares in KH Group Plc has crossed the threshold of ten percent (10 %) on 19 August 2024.
Mikko Laakkonen’s ownership of KH Group Plc's shares and votes 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 | 10.06 | - | 10.06 | 58 078 895 |
| Position of previous notification (if applicable) | 6.12 | - | 6.12 |
Notified details of the resulting situation on the date on which the threshold was crossed:
A: Shares and voting rights
| Class/type of shares ISIN code | Number of shares and voting rights | % of shares and voting rights | ||
| Direct (SMA 9:5) | Indirect (SMA 9:6 and 9:7) | Direct (SMA 9:5) | Indirect (SMA 9:6 and 9:7) | |
| FI0009008924 | 5 840 371 | 2 897 265 | 10.06 | 4.99 |
| SUBTOTAL A | 8 737 636 | 15.04 | ||
Information about the party under the flagging obligation and about the entire chain of controlled undertakings through which shares, votings rights or financial instruments are effectively held.
| Name | % of shares and voting rights | % of shares and voting rights throug financial instruments | Total shares, voting rights and financial instruments. |
| Mikko Laakkonen | 10.06 | 0 | 10.06 |
| ML Stable Oy | 4.99 | 0 | 4.99 |
KH GROUP PLC
FURTHER INFORMATION:
CEO Ville Nikulainen, tel. +358 400 459 343
DISTRIBUTION:
Nasdaq Helsinki Ltd
Major media
KH Group Plc is a Nordic conglomerate operating in business areas of KH-Koneet, Indoor Group and Nordic Rescue Group. We are a leading supplier of construction and earth-moving equipment, furniture and interior decoration retailer as well as rescue vehicle manufacturer. The objective of our strategy is to create an industrial group around the business of KH-Koneet. KH Group’s share is listed on Nasdaq Helsinki.
