Announcement of a change in shareholding according to Chapter 9, Section 10 of the Finnish Securities Market Act
Musti Group plc Stock Exchange Release 17 August 2020 at 9.00 a.m.
Announcement of a change in shareholding according to Chapter 9, Section 10 of the Finnish Securities Market Act
Musti Group plc (the “Company”) has on 14 August 2020 received a notification in accordance with the Chapter 9, Section 5 of the Finnish Securities Markets Act from FMR LLC (”FMR LLC”), according to which FMR LLC’s and the controlled undertakings’ holding of the shares and votes of the Company increased above the threshold of 5 percent on 13 August 2020.
FMR LLC and the controlled undertakings hold a total of 2,904,848 shares corresponding to an ownership of 8.66 percent of the Company’s shares.
Total positions of FMR LCC and the controlled undertakings according 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 | 8.66 | N/A | 8.66 | 33,535,453 |
| Position of previous notification (if applicable) | N/A | N/A | N/A | N/A |
Notified details of the resulting situation on the date on which the threshold was crossed or reached:
A: Shares and voting rights
| Class/type of shares | Number of shares and voting rights | % of shares and voting rights | ||
| ISIN code | Direct (SMA 9:5) |
Indirect (SMA 9:6 and 9:7) |
Direct (SMA 9:5) |
Indirect (SMA 9:6 and 9:7) |
| FI4000410758 | N/A | 2,904,848 shares2,889,148 Voting Rights | N/A | 8.66% Shares8.61% Voting Rights |
| SUBTOTAL A | 2,904,848 Shares2,889,148 Voting Rights | 8.66% Shares8.61% Voting Rights | ||
B: Financial instruments according to the Finnish Securities Market Act 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 |
| N/A | |||||
| SUBTOTAL B |
Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held:
| Name | % of shares and voting rights | % of shares and votingrights throughfinancial instruments | Total of both |
| FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | 6.05% Shares6.05% Voting Rights | 0.00% Shares0.00% Voting Rights | 6.05% Shares6.05% Voting Rights |
| FIAM LLC | 0.15% Shares0.11% Voting Rights | 0.00% Shares0.00% Voting Rights | 0.15% Shares0.11% Voting Rights |
| Fidelity Institutional Asset Management Trust Company | 0.32% Shares0.31% Voting Rights | 0.00% Shares0.00% Voting Rights | 0.32% Shares0.31% Voting Rights |
| FMR Investment Management (UK)Limited | 2.13% Shares2.13% Voting Rights | 0.00% Shares0.00% Voting Rights | 2.13% Shares2.13% Voting Rights |
Additional information
Robert Berglund
CFO, Musti Group plc,
tel. +358 50 534 8657, robert.berglund@mustigroup.com
Distribution:
Nasdaq Helsinki
Main media
www.mustigroup.com
Musti in brief
Musti makes the life of pets and their owners easier, safer and more fun. We are the leading Nordic pet care company and we operate an omnichannel business model to cater for the needs of pets and their owners across Finland, Sweden and Norway. We offer a wide, curated assortment of pet products. We also provide pet care services such as grooming, training and veterinary services in selected locations.
Musti Group’s net sales were EUR 247 million in the financial year 2019. At the end of the financial year 2019, the company had 1,100 employees, over one million loyal customers and 277 stores.
