EAB Group Plc: Flagging notification in accordance with Chapter 9, Section 10 of the Securities Markets Act

EAB Group Plc, Stock Exchange Release, 11 September 2020, 6:10 p.m. (EET)

EAB Group Plc: Flagging notification in accordance with Chapter 9, Section 10 of the Securities Markets Act

EAB Group Plc has on 11 September 2020 received a notification pursuant to Chapter 9, Section 5 of the Finnish Securities Markets Act from Kyösti Kakkonen. According to the notification, the ownership of Joensuun Kauppa ja Kone Ltd controlled by Kyösti Kakkonen to shares and voting rights in EAB Group Plc has increased above 10%.

Through share transactions concluded on 11 September 2020, the total holding of Joensuun kauppa ja Kone Ltd amounts to 1,484,400 shares representing 10.72% of the shares and voting rights of the Company.

EAB Group Plc has a total of 13,843,272 shares. There is only one class of shares, each share entitling one vote.

Total position of Joensuun Kauppa ja Kone Ltd according to the notification:

% of % of shares Total of Total number of shares
shares and voting both in % and voting rights of
and rights issuer
voting through
rights financial
instruments
Resulting 10,72 10.72 10.72 13,843,272
situation on the
date on
which threshold
was crossed or
reached
Position of
previous
notification
(if applicable)

Notified details of the resulting situation on the date on which the threshold was crossed or reached:

A: Shares
and voting
rights
Class/type Number of % of
shares shares
and and
voting voting
rights rights
ISIN code Direct Indirect (SMA Direct Indirect (SMA 9:6 and 9:7)
(if (SMA 9:5) 9:6 and 9:7) (SMA
possible) 9:5)
FI4000157441 1,484,400 10.72
SUBTOTAL A 1,484,400 10.72

Information about notifier:

Name % of % of shares Total number of shares, voting
shares and voting rights and financial
and rights instruments
voting through
rights financial
instruments
Kyösti 0 0
Kakkonen
Kakkonen 0 0
Yhtiöt
Ltd
Joensuun 10.72 10.72 1,484,400
Kauppa
ja
Kone Ltd

According to the notification, Kyösti Kakkonen holds 55.3% of Kakkonen Yhtiöt Ltd's shares, which in turn holds 100% of Joensuun Kauppa ja Kone Ltd's share.

EAB GROUP PLC

Further information:

Roman Cherkasov, CFO
[phone]
[e-mail]

Pia Hidén, Head of legal, compliance and risk management
[phone]
[e-mail]

Elite Alfred Berg offers responsible investment and asset management services for private investors, institutions and professional investors. Elite Alfred Berg is the marketing name of the EAB Group. The Group's parent company EAB Group Plc's shares are listed on the Nasdaq Helsinki stock exchange. The Group companies include EAB Asset Management Ltd, which offers asset management activities, and EAB Fund Management Ltd, which acts as a fund company and authorised alternative investment fund manager. The Group's customer base consists of individuals and corporations that are served nationwide in 13 different locations. The Group employs 86 investment professionals, and more than 20 tied agents provide its services. On behalf of its clients, the Group manages assets of EUR 3 billion. Explore EAB Group's services at www.eabgroup.fi.

DISTRIBUTION:
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The main news media
www.eabgroup.fi

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