Silmäasema Oyj: Notification according to chapter 9, section 5 of the Securities Market Act: Mandatum Life Insurance Company Limited ownership in Silmäasema has decreased below 5 percent
Stock Exchange Release
16 August 2019 at 11.45 a.m. EEST
Silmäasema Oyj has on 16 August 2019 received a notification under Chapter 9, Section 5 of the Securities Markets Act, according to which the holding of Mandatum Life Insurance Company Limited in Silmäasema’s shares and votes has decreased below 5 percent.
According to the notification, on 16 August 2019 Mandatum Life Insurance Company Limited’s holding in Silmäasema’s shares and votes was 0.33 percent.
Silmäasema Oyj has one series of shares in which each share carries one vote. The aggregate number of shares is 14,248,805.
Total positions of Mandatum Life Insurance Company Limited subject to the notification:
|% shares and voting rights (A)||% of shares and voting rights through financial instruments (B)||Total of both in % (A+B)||Total number of shares and voting rights of issuer|
|Resulting situation of the date on which the threshold was crossed of reached||0.33||N/A||0.33||14,248,805|
|Position of previous notification (if applicable)||6.60||N/A||6.60|
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)|
Other information provided in the notification
|8. Information in relation to the person subject to the notification obligation: |
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|
|Mandatum Henkivakuutusosakeyhtiö / unit-link||0.33||0||0.33%|
Silmäasema is a Finnish company, which offers all products and services for optical retail and eye healthcare nationwide. Silmäasema is the largest private eye clinic provider offering eye surgeries and the second largest optical retail chain in Finland. The Silmäasema chain has nearly 150 stores and 14 eye clinics in Finland as well as nine stores in Estonia. The Silmäasema chain employs close to 1,000 eye healthcare professionals. Silmäasema's Group net sales were EUR 123 million in 2018 and adjusted EBITDA was EUR 11.8 million.