Sponda - Major shareholder announcements

Sponda Plc: Flagging notification in accordance with Chapter 9 Section 10 of the Finnish Securities Markets Act

Sponda Plc              Stock Exchange Release          8 June 2017, 13:30

Sponda Plc: Flagging notification in accordance with Chapter 9 Section 10 of the
Finnish Securities Markets Act

Sponda Plc has on 8 June 2017 received a notification pursuant to the Finnish
Securities Market Act (Section 9:5) that the holding of Polar Bidco S.à.r.l. in
Sponda Plc's shares is 11.77%.

Polar Bidco S.à r.l. (the "Offeror"), a corporation owned by funds advised by
affiliates of The Blackstone Group L.P., and Sponda Plc ("Sponda") have on June
5, 2017 entered into a combination agreement pursuant to which the Offeror will
make a voluntary recommended public tender offer to purchase all issued and
outstanding shares in Sponda (the "Tender Offer"). The Tender Offer was
announced by the Offeror on June 5, 2017. Pursuant to such announcement, the
Offeror has reserved the right to buy shares of Sponda before, during and/or
after the offer period in public trading on Nasdaq Helsinki Ltd or otherwise.
Pursuant to such share purchases, the Offeror's direct holding in Sponda has
increased to 11.77 percent.


Total position of Polar Bidco S.à r.l. as of 7 June 2017:

+------------------+------------+-----------------+-----------+----------------+
|                  |% of shares |% of shares and  |Total of   |Total number of |
|                  |and         |voting           |both in %  |shares and      |
|                  |voting      |rights through   |(7.A + 7.B)|voting          |
|                  |rights      |financial        |           |rights of issuer|
|                  |(total of   |instruments      |           |                |
|                  |7.A)        |(total of 7.B)   |           |                |
+------------------+------------+-----------------+-----------+----------------+
|Resulting         |11.77       |0.00             |11.77      |339,690,554     |
|situation         |            |                 |           |                |
|on the date on    |            |                 |           |                |
|which             |            |                 |           |                |
|threshold was     |            |                 |           |                |
|crossed or reached|            |                 |           |                |
+------------------+------------+-----------------+-----------+----------------+
|Position of       |7.50        |0.00             |7.50       |                |
|previous          |            |                 |           |                |
|notification      |            |                 |           |                |
+------------------+------------+-----------------+-----------+----------------+

Notified details of the resulting situation on the date on which the threshold
was crossed or
reached:

+---------------------+----------+-----------------+---------+-----------------+
|Shares and voting    |          |                 |         |                 |
|rights               |          |                 |         |                 |
+---------------------+----------+-----------------+---------+-----------------+
|Class/type of        |Number of shares and voting |% of shares and voting     |
|shares               |rights                      |rights                     |
|ISIN code            +----------+-----------------+---------+-----------------+
|                     |  Direct  |    Indirect     | Direct  |    Indirect     |
|                     |(SMA 9:5) |(SMA 9:6 and 9:7)|(SMA 9:5)|(SMA 9:6 and 9:7)|
+---------------------+----------+-----------------+---------+-----------------+
|FI0009006829         |39,978,703|                 |11.77    |                 |
+---------------------+----------+-----------------+---------+-----------------+
|SUBTOTAL             |39,978,703|                 |11.77    |                 |
+---------------------+----------+-----------------+---------+-----------------+



Sponda Plc



Sponda Plc is a property investment company specializing in commercial
properties in the largest cities in Finland. Sponda's business concept is to
own, lease and develop retail and office properties and shopping centres into
environments that promote the business success of its clients. The fair value of
Sponda's investment properties is approximately EUR 3.8 billion and the leasable
area is around 1.2 million m².




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