Flagging notification: Shareholding of Georg Fischer AG in Uponor has gone above the threshold of 90 per cent
November 14 2023 - 4:35AM
Flagging notification: Shareholding of Georg Fischer AG in Uponor
has gone above the threshold of 90 per cent
Uponor Corporation, Stock Exchange Release, 14 November 2023 at
12:35 pm EET
Flagging notification: Shareholding of Georg Fischer
AG in Uponor has gone above the threshold of 90
per cent
This is a notification in accordance with Chapter 9, Section 10
of the Finnish Securities Market Act. On 14 November 2023, Uponor
Corporation has received a notification of a change in shareholding
in accordance with Chapter 9, Section 5 of the Securities Market
Act.
According to the notification, holdings of Georg Fischer AG
(Schaffhausen, Switzerland) in shares of Uponor Corporation has
gone above the threshold of 90% on 13 November 2023 and is
68,192,046 shares representing 93.15% of the share capital and
votes in the company.
Georg Fischer AG commenced a voluntary recommended cash tender
offer for all issued and out-standing shares in Uponor Corporation
on 26 June 2023. Shares tendered during the offer period were
settled and the tender offer completed on 13 November 2023.The
share capital of Uponor Corporation consists of 73,206,944 shares
and each share is entitled to one vote at the general meeting of
shareholders.
|
Total positions of the entities 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 |
93.15 |
N/A |
93.15 |
73,206,944 |
|
Position of previous notification (if
applicable) |
10.02 |
N/A |
10.02 |
|
|
Notified details of the resulting situation on the date on
which the threshold was crossed or reached: |
|
A: Shares and voting rights |
|
Class/type ofsharesISIN code
|
Number of shares and voting rights |
% of shares and voting rights |
|
Direct(SMA 9:5) |
Indirect(SMA 9:6 and 9:7) |
Direct(SMA 9:5) |
Indirect(SMA 9:6 and 9:7) |
|
FI0009002158 |
68,192,046 |
N/A |
93.15% |
N/A |
|
A: SUBTOTAL |
68,192,046 |
93.15% |
Further information:Franciska JanzonSenior Vice
President, Corporate Communications and IRUponor CorporationTel.
+358 (0)20 129 2821
DISTRIBUTION:Nasdaq
HelsinkiMediawww.uponorgroup.com
Uponor in briefUponor is a leading global
provider of solutions that efficiently and effectively move water
through cities, buildings, and homes. We help customers in
residential and commercial construction, municipalities, and
utilities, be more productive – and continuously find new ways to
conserve, manage and provide water responsibly, unlocking its
potential to provide comfort, health, and efficiency. Our safe
drinking water, energy-efficient radiant heating and cooling
systems, and reliable infrastructure solutions are sold in more
than 80 countries. Uponor employs about 3,600 professionals in 26
countries in Europe and North America. In 2022, the company’s net
sales totalled approximately €1.4 billion. Uponor Corporation is
based in Finland and listed on Nasdaq Helsinki. Uponor is part of
the Georg Fischer group, located in Schaffhausen (Switzerland).
www.uponorgroup.com
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