2016-10-06 08:00:01 CEST
2016-10-06 08:00:01 CEST
REGULATED INFORMATION
Cramo Oyj - Major shareholder announcements
Notification pursuant to Chapter 9, section 5 of the Securities Markets Act
Vantaa, Finland, 2016-10-06 08:00 CEST (GLOBE NEWSWIRE) -- Cramo Plc Stock
Exchange Release 6 October 2016, at 9.00 am Finnish time (EET)
Notification pursuant to Chapter 9, section 5 of the Securities Markets Act
Cramo Plc has received on 5 October 2016 the following notification pursuant to
Chapter 9, section 5 of the Securities Markets Act ("SMA") from Massachusetts
Mutual Life Insurance Company, MassMutual Holding LLC and MM Asset Management
Holding LLC of Springfield, Massachusetts, USA, according to which their total
holding of shares in Cramo Plc has decreased below five (5) percent on 3
October 2016. According to the notification, the reasons for the notification
were a disposal of shares or voting rights and the removal of Barings entities
from the chain of controlled undertakings in due to the sale of shares.
Aggregate position of Massachusetts Mutual Life Insurance Company, MassMutual
Holding LLC and MM Asset Management Holding LLC according to the notification:
% of shares % of shares and Total of both Total number
and voting in % of
voting rights through shares and
rights financial voting
instruments rights of
issuer
--------------------------------------------------------------------------------
Resulting 4.89% – 4.89% 44,690,554
situation
on the date on
which
threshold was
crossed or
reached
--------------------------------------------------------------------------------
Position of 5.48% – 5.48%
previous
notification
(if
applicable)*
--------------------------------------------------------------------------------
* According to the latest notification provided to the company on 28 August
2015 the amount of the shares and voting rights has been 5.081%.
Notified details of the resulting situation following the crossing of the
threshold:
A: Shares and voting rights
Number of shares and voting rights % of shares and voting rights
--------------------------------------------------------------------------------
Class/type of Direct Indirect Direct Indirect
shares (SMA 9:5) (SMA 9:6 and 9:7) (SMA 9:5) (SMA 9:6 and 9:7)
--------------------------------------------------------------------------------
FI0009900476 2,185,577 – 4.89% –
--------------------------------------------------------------------------------
SUBTOTAL A 2,185,577 4.89%
--------------------------------------------------------------------------------
Information in relation to the person subject to the notification obligation as
contained in the notification:
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 shares and Total of both
voting voting
rights rights through
financial
instruments
--------------------------------------------------------------------------------
Massachusetts Mutual 4.89% – 4.89%
Life Insurance
Company
--------------------------------------------------------------------------------
MassMutual Holdings 4.89% – 4.89%
LLC
--------------------------------------------------------------------------------
MM Asset Management 4.89% – 4.89%
LLC
--------------------------------------------------------------------------------
Additional information contained in the notification:
The complete chain of controlled undertakings is the following (the above
section contains the entities which are below the 5% threshold):
Massachusetts Mutual Life Insurance Company
MassMutual Holdings LLC
MM Asset Management LLC
Oppenheimer Acquisition
OppenheimerFunds, Inc.
OFI Global Institutional, Inc.
OFI Global Trust Company
OppenheimerFunds, Inc., and OFI Global Institutional, Inc. are investment
managers that independently exercise their respective voting powers on behalf
of the clients and investment funds whose assets they are managing.
--------------------------------------------------------------------------------
CRAMO PLC
Leif Gustafsson
President and CEO
Further information:
Mr Mattias Rådström, SVP, Communication, Marketing and Investor Relations, tel:
+46 70 868 7045
Distribution:
Nasdaq Helsinki Ltd.
Major media
www.cramo.com
Cramo is Europe’s second largest rental services company specialising in
construction machinery and equipment rental and rental-related services as well
as the rental of modular space. Cramo operates in fifteen countries and in
about 330 depots. With a group staff around 2.500, Cramo's consolidated sales
in 2015 was EUR 668 million. Cramo shares are listed on the Nasdaq Helsinki
Ltd.
Read more: www.cramo.com, www.twitter.com/cramogroup
© 2024 Nasdaq, Inc. All Rights Reserved |