Plc Uutechnic Group Oyj - Major shareholder announcements

DISCLOSURE OF CHANGE IN SHAREHOLDINGS UNDER CHAPTER 9, SECTION 10 OF THE SECURITIES MARKETS ACT

Helsinki, Finland, 2015-12-29 07:15 CET (GLOBE NEWSWIRE) -- 
PLC UUTECHNIC GROUP OYJ STOCK EXCHANGE RELEASE 29 DECEMBER 2015 at 8:15

DISCLOSURE OF CHANGE IN SHAREHOLDINGS UNDER CHAPTER 9, SECTION 10 OF THE
SECURITIES MARKETS ACT 



The board of directors of Plc Uutechnic Group Oyj (previous Vaahto Group Plc
Oyj) has on 3 September 2015 announced on a rights issue. The new shares were
registered with the Trade Register on 28 December 2015. According to
information received by Plc Uutechnic Group Oyj, the decision leads to changes
in the holdings of shares and votes of Mikko Laakkonen. 

The total number of shares and voting rights of Plc Uutechnic Group Oyj is 25
963 210 

Notifications of major shareholdings made to Plc Uutechnic Group Oyj:

MIKKO LAAKKONEN, NOTIFICATION OF MAJOR SHAREHOLDINGS

1 Information on the issuer of the shares:

Plc Uutechnic Group Oyj, registered number 0520181-3

2 Reason for the notification:

Registration in the Trade Register of new shares in Plc Uutechnic Group Oyj on
28 December 2015. 



3 Full names of those with a notification obligation:

Mikko Laakkonen



4 Date of the transaction and the date when the threshold was exceeded:

The threshold was exceeded when the new shares were registered with the trade
register, on 28 December 2015. 



5 Exceeded threshold of major shareholdings

Exceeded 30 %



6 Information to be disclosed:

Shares and related voting rights upon completion of the arrangement



Position before the arrangement causing the change



Number of shares  % of shares  Number of voting rights  % of voting rights
                                                                          
       4 000 000        25,04                4 000 000               25,04



Position after the arrangement causing the change

Number of shares  % of shares  Number of voting rights  % of voting rights
                                                                          
       8 147 255        31,38                8 147 255               31,38





The parties of the financial arrangement of Uutechnic Group: Mikko Laakkonen,
Hannu Laakkonen, HML Finance Oy, Jouko Peräaho, Jonni Peräaho, Timo Lindström,
Ilona Lindström, and Risto Lindström and Uutechnic Oy have applied to the
Financial Supervisory Authority (FIN-FSA) for exemption from the obligation,
pursuant to Chapter 11, Section 19 of the Securities Markets Act, to launch a
mandatory public tender offer concerning Vaahto Group PLC Oyj’s shares. 

On 20 October 2015, the Financial Supervisory Authority granted the applicants
exemption from the obligation, pursuant to Chapter 11, Section 26 of the
Securities Markets Act, to launch a mandatory public tender offer.
Additionally, Mikko Laakkonen, Hannu Laakkonen, and HML Finance Oy have been
granted exemption from the obligation to launch a mandatory public tender
offer, which could otherwise arise from the underwriting of an issue of shares
with pre-emptive subscription rights. The exemptions apply to cases wherein
both the threshold of 30% and the 50% threshold for the obligation to launch a
mandatory public tender offer are exceeded. 





In Helsinki on 29 December 2015

VAAHTO GROUP PLC OYJ

Board of Directors




         Additional information:
         Sami Alatalo, Vice Chairman of the Board, Plc Uutechnic Group Oyj +358
40 826 2066