Honkarakenne Oyj - Major shareholder announcements

HONKARAKENNE: NOTICE PURSUANT TO THE FINNISH SECURITIES MARKET ACT, CHAPTER 9, SECTION 5

HONKARAKENNE OYJ Stock Exchange Release 6 March 2017 at 11:45 a.m.
HONKARAKENNE: NOTICE PURSUANT TO THE FINNISH SECURITIES MARKET ACT, CHAPTER 9,
SECTION 5 
Honkarakenne Oyj has received the following notification pursuant to Chapter 9,
Section 5 of the Finnish Securities Market Act: 
The voting rights of Sointu Sinikka Saarelainen’s holding in Honkarakenne
shares has fallen below 5 % of total voting rights. 
1. Identity of the issuer: Honkarakenne Oyj
2. Reason for the notification: 
An event changing the breakdown of shares or voting rights
3. Details of person subject to the notification obligation:
Name: Sointu Sinikka Saarelainen
City and country of residence: Järvenpää, Suomi
5. Date on which the threshold was crossed or reached: 3 March 2017
6. Total positions of person(s) subject to the notification obligation:         
--------------------------------------------------------------------------------
- 
                         % of shares     % of    Total of both   Total number of
                          and voting    shares   in % (7.A +       shares and   
                            rights       and         7.B)       voting rights of
                        (total of 7.A)  voting                       issuer     
                                        rights                                  
                                        throug                                  
                                           h                                    
                                        financ                                  
                                         ial                                    
                                        instru                                  
                                         ments                                  
                                        (total                                  
                                          of                                    
                                         7.B)                                   
--------------------------------------------------------------------------------
Resulting situation on  Shares  Below           Shares  Below   6211419 shares  
 the date on which               5%                      5%      and 11913243   
 threshold was crossed                                           votes          
 or reached                                                                     
                        votes   Below           votes   Below                   
                                 5%                      5%                     
--------------------------------------------------------------------------------
Position of previous    Shares  Below           Shares  Below                   
 notification (if                5%                      5%                     
 applicable)                                                                    
                        votes   5,3 %           votes   5,3 %                   

 
7. Notified details of the resulting situation on the date on which the         
 threshold was crossed or reached:                                              
--------------------------------------------------------------------------------
- 
A: Shares and voting rights        Number of shares and   % of shares and voting
                                       voting rights              rights        
--------------------------------------------------------------------------------
Class/type of shares ISIN code        Direct      Indire   Direct     Indirect  
 (if possible)                       (SMA 9:5)      ct     (SMA     (SMA 9:6 and
                                                   (SMA    9:5)         9:7)    
                                                   9:6                          
                                                   and                          
                                                   9:7)                         
--------------------------------------------------------------------------------
HONBS                             Shares     200           Below                
                                                             5%                 
                                  Votes      200                                
--------------------------------------------------------------------------------
HONAS                             Shares   29020           Below                
                                                             5%                 
                                  Votes   580400                                
--------------------------------------------------------------------------------
A TOTAL                           Shares   29220          Shares:  Below 5%     
                                  :                                             
                                  Votes:  580600           Votes:  Below 5%     
--------------------------------------------------------------------------------

 
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   % of    Total of both 
                                         voting rights   shares                 
                                                          and                   
                                                         voting                 
                                                         rights                 
                                                         throug                 
                                                            h                   
                                                         financ                 
                                                          ial                   
                                                         instru                 
                                                          ments                 
--------------------------------------------------------------------------------
Saarelainen Oy                          10,34 %  of              10,34 %  of    
                                                  share                    share
                                                 s                        s     
                                        27,58 %  of              27,58 %  of    
                                                  votes                    votes
--------------------------------------------------------------------------------
Saarelainen family members included in                                          
 Saarelainen shareholder agreement                                              
                                         6,88 %  of               6,88 %  of    
                                                  share                    share
                                                 s                        s     
                                        19,09 %  of              19,09 %  of    
                                                  votes                    votes
--------------------------------------------------------------------------------
of which Sointu Sinikka Saarelainen       Below  of                Below  of    
                                             5%   share               5%   share
                                                 s                        s     
                                          Below  of                Below  of    
                                             5%   votes               5%   votes
--------------------------------------------------------------------------------

 
10. Additional information:
Saarelainen Oy and certain shareholders representing the Saarelainen family
signed an amended shareholder agreement on 17 February 2009. The previous
shareholder agreement was signed on 21 April 1990. The parties to the agreement
agreed that the shareholders will strive to exercise their voting rights
unanimously at company meetings. If they are unable to reach consensus, the
shareholders will vote in favour of Saarelainen Oy's position. 
HONKARAKENNE OYJ 
Marko Saarelainen 
President and CEO
 
 
FURTHER INFORMATION: 
Marko Saarelainen, President and CEO, tel. +358 40 542 0254,
marko.saarelainen@honka.com 
 
 
DISTRIBUTION
NASDAQ OMX Helsinki
Key media
Financial Supervisory Authority
www.honka.com