Ålandsbanken - Major shareholder announcements

Bank of Åland Plc: Disclosure of change in shareholdings pursuant to Chapter 9, Section 10 of the Securities Markets Act

Mariehamn, 2015-08-12 19:59 CEST (GLOBE NEWSWIRE) -- 

Bank of Åland Plc
Stock Exchange Release
August  12, 2015, 9.00 p.m.

Disclosure of change in shareholdings pursuant to Chapter 9, Section 10 of the
Securities Markets Act 

The Bank of Åland Plc (Ålandsbanken Abp) has received a notification, pursuant
to Chapter 9, Section 5 of the Finnish Securities Markets Act, according to
which the amount of shares held by Wiklöf Holding Ab in the Bank of Åland Plc
as  of August 12, 2015 has exceeded the 10 percent threshold. Wiklöf Holding Ab
acquired 30,000 Series B shares in the Bank of Åland Abp, and after this
transaction thus holds a total of 1,031,363 Series B and 507,128 Series A
shares in the Bank of Åland Abp, which corresponds to 10.13 percent of the
shares in the Bank of Åland Plc and 8.08 percent of the voting power in the
Bank of Åland Plc. 

After the transaction the Wiklöf Holding group of companies owns a total of
2,510377 shares and thus have 16.53 % of the amount of shares and 19.73 % of
the voting rights. 

The ownership of Wiklöf Holding Ab after the transaction

Shares                 Number of      Number of        Number of       Number of
                          shares         shares    voting rights   voting rights
                      (directly)   (indirectly)       (directly)    (indirectly)
--------------------------------------------------------------------------------
Series A shares          507,128      1,303,013       10,142,560      26,060,260
 (FI0009000103)                                                                 
Series B shares        1,031,363      1,207,364        1,031,363       1,207,364
(FI0009001127)                                                                  
--------------------------------------------------------------------------------
Total                  1,538,491      2,510,377       11,173,923      27,177,624
Shares               % of shares    % of shares      % of voting               %
                      (directly)   (indirectly)           rights       of voting
                                                      (directly)          rights
                                                                      (directly)
--------------------------------------------------------------------------------
Series A shares             7.83           20.1             7.83            20.1
 (FI0009000103)                                                                 
Series B shares            11.85           13.8            11.85            13.8
(FI0009001127)                                                                  
--------------------------------------------------------------------------------
Total                      10.13          16.32             8.08           19.66

For further information, please contact:

Peter Wiklöf, Managing Director and Chief Executive, tel +358 40 512 7505