Olvi Oyj - Major shareholder announcements

Flagging Notification in Accordance with Chapter 8 Section 10 of the Finnish Securities Markets Act

OLVI PLC                      STOCK EXCHANGE RELEASE 13 DEC 2019

FLAGGING NOTIFICATION IN ACCORDANCE WITH CHAPTER 9 SECTION 10 OF THE FINNISH SECURITIES MARKETS ACT

Olvi plc (Business ID 0170318-9) has on 13 December 2019 received a notice in accordance with the Securities Markets Act from FMR LLC.

Through a transaction concluded on 11 December 2019, the holding of entities controlled by FMR LLC has decreased to 4.83 percent of Olvi plc's Series A shares.

Olvi plc has two (2) series of shares. Olvi plc has a total of 20,722,232 shares divided into 3,732,256 Series K shares and 16,989,976 Series A shares. At the General Meeting of Shareholders, each Series K share carries 20 votes, and each Series A share carries one vote.

1. Identity of the issuer: OLVI PLC
2. Reason for the notification: A disposal of shares
3. Details of person subject to the notification obligation: FMR LLC

Total positions of person(s) subject to the notification obligation:
	% of shares and voting rights	% of shares and voting rights through financial instruments	Total of both in %	Total number of shares and voting rights of issuer
Resulting situation on the date on which threshold was crossed or reached	4.83% Shares 1.09% Voting Rights	0.00% Shares 0.00% Voting Rights	4.83% Shares 1.09% Voting Rights	20,722,232 Shares 91,635,096 Voting Rights
Position of previous notification (if applicable)	5.00% Shares 1.13% Voting Rights	0.00% Shares 0.00% Voting Rights	5.00% Shares 1.13% Voting Rights

Notified details of the resulting situation on the date on which the threshold was crossed or reached:
A: Shares and voting rights
Class/type of shares	Number of shares and voting rights		% of shares and voting rights
ISIN code	Direct (SMA 9:5)	Indirect (SMA 9:6 and 9:7)	Direct (SMA 9:5)	Indirect (SMA 9:6 and 9:7)
FI0009900401		1,001,611 Shares 1,001,611 Voting Rights		4.83% Shares 1.09% Voting Rights
SUBTOTAL A		1,001,611 Shares 1,001,611 Voting Rights		4.83% Shares 1.09% Voting Rights

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 voting rights	% of shares and voting rights through financial instruments	Total of both
FMR LLC Fidelity Management & Research Company FMR Co., Inc.	2.17% Shares 0.49% Voting Rights	0.00% Shares 0.00% Voting Rights	2.17% Shares 0.49% Voting Rights
FMR LLC Fidelity Management & Research Company Fidelity Management & Research (Japan) Limited	1.45% Shares 0.33% Voting Rights	0.00% Shares 0.00% Voting Rights	1.45% Shares 0.33% Voting Rights
FMR LLC Fidelity Management & Research Company Fidelity Management & Research (U.K.) Inc. FMR Investment Management (UK) Limited	1.21% Shares 0.27% Voting Rights	0.00% Shares 0.00% Voting Rights	1.21% Shares 0.27% Voting Rights

OLVI PLC

Further information:
Lasse Aho, Managing Director, Olvi plc
Phone +358 290 00 1050 or +358 400 203 600

DISTRIBUTION:
NASDAQ OMX Helsinki Ltd
Key media
www.olvi.fi