Betolar Plc
Company Announcement
29 August 2024 at 2:50 p.m. EEST
Betolar Plc: Notification of Change in Holdings according to Chapter 9, Section 10 of the Finnish Securities Markets Act (Nidoco AB)
Betolar Plc has received a notification on 29 August 2024, according to Chapter 9, Section 5 of the Finnish Securities Markets Act, stating that Nidoco AB’s ownership of shares exceeds 20% of all shares and votes in Betolar Plc.
Ownership percentages according to the notification:
|
|
% 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 |
21.98 |
|
21.98 |
21,567,570 |
|
Position of previous notification (if applicable) |
13.26 |
|
13.26 |
|
Notified details of the resulting situation on the date on which the threshold was crossed or reached:
|
Class/type of shares (ISIN code) |
Number of shares and voting rights |
% of shares and voting rights |
||
|
Direct |
Indirect |
Direct |
Indirect |
|
|
FI4000512587 |
4,740,226 |
|
21.98 |
|
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:
|
Name |
%-of shares and voting rights |
%-of shares and voting rights through financial instruments |
Total of both |
|
Virala Oy Ab |
|
|
|
|
Atine Group Oy |
|
|
|
|
Nidoco AB |
21.98 |
|
4,740,226 |
More information
Tuija Kalpala, President and CEO, Betolar Plc, tel. +358 50 567 6608, tuija.kalpala@betolar.com
Certified Adviser
Aktia Alexander Corporate Finance Oy, tel. +358 50 520 4098
About Betolar Plc
Betolar Plc is a pioneering Finnish materials technology company driving the green transition in mining and construction. Betolar’s mission is to help reduce CO₂ emissions and the use of virgin natural resources.
Betolar develops low-carbon and waste-free solutions for the mining and metals industries, and its Geoprime® solution produces i.a. the world’s lowest-emission hollow-core slabs. Betolar’s AI-powered Data Platform turns industrial side streams into value, accelerates solution development and builds global markets for side streams.
Betolar was founded in 2016 and is domiciled in Kannonkoski, Finland. Betolar is listed on the Nasdaq First North Growth Market. For more information, visit www.betolar.com.