Mandatum plc: Disclosure Under Chapter 9 Section 5 of the Securities Market Act (Altor Fund Manager AB)

Stock exchange releases / Flagging notification releases - 15.2.2024 at 11:20 AM EET

Mandatum Plc, Stock exchange release, 15 February at 11:20 am EET

Mandatum plc (Business ID 3355142-3) has received a notification, pursuant to Chapter 9, Section 5 of the Finnish Securities Markets Act, that Altor Fund Manager AB’s (organization number 556962-9149, Sweden) and its funds’ direct or indirect holding of the shares and votes in Mandatum plc directly or through financial instruments has exceeded the threshold of 15% on 15 February 2024.

 

Total positions of Altor Fund Manager AB, and its funds subject to the notification:

 

 

% of shares and voting rights (total of A)

% of shares and voting rights through financial instruments (total of B)

Total of both in % (A+B)

Total number of shares and voting rights of issuer

Resulting situation on the date on which threshold was crossed or reached

9.98%

6.63%

16.62%

501,796,752

Positions of previous notification (if applicable)

7.97%

 

7.97%

 

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)

FI4000552526

50,100,000 (Altor In-vest 8 AS)

50,100,000 (Altor Fund Manager AB)

9.98% (Altor Invest 8 AS)

9.98% (Altor Fund Manager AB)

SUBTOTAL A

50,100,000

9.98%

 

B: Financial instruments according to SMA 9:6a

 

Type of financial instrument

Expiration date

Exercise/Conversion Period

Physical or cash settlement

Number of shares and voting rights

% of shares and voting rights

Swap

13.2.2025

13.2.2025

Physical settlement

33,278,580

6.63%

 

 

 

 

 

 

 

 

 

SUBTOTAL B

33,278,580

6.63%

 

Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity:

 

Name

% of shares and voting rights

% of shares and voting rights through financial instruments

Total of both

Altor Fund Manager AB

0.00

0.00

0.00

Altor Fund VI (No. 1) AB

0.00

0.00

0.00

Altor Fund VI (No. 2) AB

0.00

0.00

0.00

Altor Invest 8 AS

9.98

6.63

16.62

 

 

Additional information

Physical settlement option of the financial instrument notified herein is conditional upon Altor Invest 8 AS obtaining requisite owner control clearances.

Altor Invest 8 AS will have no voting rights in relation to the shares underlying the financial instruments until physical settlement.

 

 

 

Additional information
Investor enquiries:

Lotta Borgström
VP, Investor Relations
Tel. +358 50 022 1027
lotta.borgstrom(a)mandatum.fi

Media enquiries:
Niina Riihelä
SVP, Communications, brand and sustainability
Tel. +358 40 728 1548
niina.riihela(a)mandatum.fi  

 

Mandatum in brief 

 

Mandatum is a major financial services provider that combines expertise in wealth management and life insurance. Mandatum offers customers a wide array of services covering asset and wealth management, savings and investment, compensation and rewards, pension plans and personal risk insurance. Mandatum offers services to corporate customers, retail customers as well as institutional and wealth management customers.  At the center of Mandatum's success are highly skilled personnel, strong brand, and investment track record. mandatum.fi/en/group  

 

Distribution:

Nasdaq Helsinki

Financial Supervisory Authority

The principal media

www.mandatum.fi