Stock Exchange Releases
On 9 October 2013, Tulikivi Corporation received a flagging announcement pursuant to Chapter 9, section 5 of the Securities Markets Act, according to which Matti Virtaala’s holding of voting rights conferred by Tulikivi Corporation shares will fall below the threshold of 5 per cent.
The flagging announcement relates to the request submitted to the company on 4 October 2013 by Matti Virtaala regarding the conversion of his holding of Tulikivi Corporation Series K shares, totalling 1,460,000 Series K shares, into Series A shares. Within three months of receiving a request, the company’s Board of Directors or a party designated by it must deal with the conversion requests presented and report them for registration in the Trade Register, as required under article 3a of the Articles of Association. The conversion of Series K to Series A shares occurs upon completion of the Trade Register entry.
The announcement states that after the conversion Matti Virtaala will hold 1,756,124 Tulikivi Corporation Series A shares. The amount of these shares will correspond to 4.73 per cent of Tulikivi Corporation’s stock and 1.60 per cent of the votes. These holdings are calculated on the basis of the number of company shares currently registered, but taking into account the change in the total number of votes after the share conversion referred to.
Heikki Vauhkonen, Managing Director
Distribution: NASDAQ OMX Helsinki
Additional information: Tulikivi Corporation, FIN-83900 Juuka, Finland, tel. +358 207 636 000, www.tulikivi.com
– Heikki Vauhkonen, Managing Director, +358 207 636 555