2017-03-06 07:00:00 CET

2017-03-06 07:00:00 CET


REGULATED INFORMATION

Finnish English
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 8:00 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 direct holding of Saarelainen Oy in Honkarakenne shares
has fallen below 30 % of the total voting rights. The holding controlled by
Saarelainen Oy under the shareholder agreement in Honkarakenne shares has
fallen below 20 % of total shares and below 50 % 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: Saarelainen Oy
City and country of residence: Tuusula, Finland
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 and   % of    Total of both   Total number of
                        voting rights   shares    in % (7.A +       shares and  
                        (total of 7.A)   and         7.B)         voting rights 
                                        voting                      of issuer   
                                        rights                                  
                                        throug                                  
                                           h                                    
                                        financ                                  
                                         ial                                    
                                        instru                                  
                                         ments                                  
                                        (total                                  
                                          of                                    
                                         7.B)                                   
--------------------------------------------------------------------------------
Resulting situation    Direct                   Direct           6 211 419      
 on the date on which  :                        :                 shares and 11 
 threshold was                                                    913 243 votes 
 crossed or reached                                                             
                       Shares  10,34 %          Shares  10,34 %  
                       votes   27,58 %          votes   27,58 %  
                       Total:                   Total:           
                       Shares  17,22 %          Shares  17,22 %  
                       votes   46,66 %          votes   46,66 %  
--------------------------------------------------------------------------------
Position of previous   Direct                   Direct                          
 notification (if      :                        :                               
 applicable)                                                                    
                       Shares  12,32 %          Shares  12,32 %  
                       votes   30,10 %          votes   30,10 %  
                       Total:                   Total:           
                       Shares  20,59 %          Shares  20,59 %  
                       votes   50,97 %          votes   50,97 %                 
--------------------------------------------------------------------------------

 
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 voting      % of shares and  
                                         rights                 voting rights   
--------------------------------------------------------------------------------
Class/type of shares ISIN        Direct         Indirect     Direct   Indirect  
 code (if possible)             (SMA 9:5)     (SMA 9:6 ja     (SMA   (SMA 9:6 ja
                                                  9:7)        9:5)      9:7)    
--------------------------------------------------------------------------------
HONBS                        Shares     503  Shares     330  8,51 %     5,64 %  
                                        107             388                     
                             Votes      503  Votes      330  
                                        107             388  
------------------------------------------------------------
                                                            --------------------
HONAS                        Shares     139  Shares  97 182   46,35    32,38 %  
                                        100                     %               
                             Votes    2 782  Votes    1 943  
                                        000             640  
--------------------------------------------------------------------------------
A TOTAL                      Shares                          Shares             
                             :                               :                  
                             direct     642                  direct    10,34 %  
                                        297                                     
                             total    1 069                  total      17,22%  
                                        777                                     
                             Votes:                          Votes:             
                             direct   3 285                  direct    27,58 %  
                                        107                                     
                             total    5 559                  total     46,66 %  
                                        135                                     
--------------------------------------------------------------------------------

 
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   6,88 %  of               6,88 %  of    
 Saarelainen shareholder agreement                share                    share
                                                 s                        s     
                                        19,09 %  of              19,09 %  of    
                                                  votes                    votes
--------------------------------------------------------------------------------

10. Additional information:
The voting rights of direct holding of Saarelainen Oy in Honkarakenne shares
has fallen below 30 % of the total voting rights. The holding controlled by
Saarelainen Oy under the shareholder agreement in Honkarakenne shares has
fallen below 20 % of total shares and below 50 % of total voting rights. 
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