Flagging Notices

Shareholders of listed companies have an obligation to notify both the Finnish Financial Supervisory Authority (FSA) and the listed company of changes in their holdings and voting rights. Listed companies have an obligation to publicly disclose the shareholder’s notification.
Under the provisions of the Securities Markets Act, changes in holdings must be disclosed when the holding reaches, exceeds or falls below 5, 10, 15, 20, 25, 30, 50 or 90 per cent or two thirds of the voting rights or the numbers of shares of the company.