Notification of major shareholdings

Under the provisions of the Finnish Securities Markets Act (Chapter 2, Section 9) shareholders of listed companies have an obligation to notify both the Finnish Financial Supervision Authority and the listed company of changes in their holdings.


Shareholders of listed companies have an obligation to notify both the listed company and the Financial Supervisory Authority of changes in their holdings and voting rights (notification obligation). Listed companies have an obligation to publicly disclose the shareholder's notification.

A notification is made whenever one’s proportion of holdings or votes in any listed company reaches, exceeds or falls below a disclosure threshold. The thresholds are 5%, 10%, 15%, 20%, 25%, 30%, 50%, 2/3 and 90% of the number of voting rights or shares in a company.

Notifications of major shareholdings must be made without undue delay, but no later than on the trading day following a breach of the notification threshold.

Notifications to Teleste are made by email to investor.relations@teleste.com. Notifications to the Financial Supervisory Authority are made as per the instructions of the FSA.

Read more on the Financial Supervisory Authority: https://www.finanssivalvonta.fi/en/capital-markets/issuers-and-investors...

 

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Teleste Corporation
Investor relations
Postal address: P.O.Box 323, FI-20101 Turku, Finland
Visiting address: Telestenkatu 1, FI-20660 Littoinen, Finland
Tel.: +358 2 2605 611
investor.relations@teleste.com