1. Homepage
  2. Equities
  3. Finland
  4. Nasdaq Helsinki
  5. Orthex Oyj
  6. News
  7. Summary
    ORTHEX   FI4000480504

ORTHEX OYJ

(ORTHEX)
  Report
Delayed Nasdaq Helsinki  -  05/20 10:26:07 am EDT
6.250 EUR   +0.48%
05/19ORTHEX CORPORATION : Managers' Transactions - Oy Rosaco Ab
AQ
05/11TRANSCRIPT : Orthex Oyj, Q1 2022 Earnings Call, May 11, 2022
CI
05/11ORTHEX Q1 2022 : Sales slowed down, profitability affected by extraordinary high raw material prices
AQ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

ORTHEX CORPORATION: ANNOUNCEMENT OF A CHANGE IN SHAREHOLDING TO CHAPTER 9, SECTION 10 OF THE FINNISH SECURITIES MARKETS ACT

11/17/2021 | 03:03am EDT

Orthex Corporation, Stock exchange release, 17 November 2021 at 10.00 a.m. EET

Orthex Corporation ("Orthex" or the "Company") has today, on 17 November 2021, received a notification in accordance with Chapter 9, Section 10 of the Finnish Securities Market Act from Sponsor Partners Oy ("Sponsor"), according to which Sponsor has sold a total number of 2,057,725 of the Company's shares in an accelerated book-building process (the "Share sale"). In connection with the Share sale, Sponsor's total holding of the shares and votes of the Company has fallen below five (5) per cent.

Total positions of Sponsor in the Company 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 in issuer
Resulting situation on the date which threshold was crossed or reached 0 0 0 17,758,854
Position of previous notification (if applicable) 11.59 0 11.59

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

A: Shares and voting rights

Number of shares and voting rights % of shares and voting rights
Class/type of shares Direct(SMA 9:5) Indirect(SMA 9:6 and 9:7) Direct(SMA 9:5) Indirect(SMA 9:6 and 9:7)
FI4000480504 0 0 0 0
SUBTOTAL A 0 0


Other information provided in the notification:

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 starting with the ultimate controlling natural person or legal entity:

Name % of shares and voting rights % of shares and voting rights through financial instruments Total number of shares and voting rights in issuer
Sponsor Capital Oy 0 0 0
Sponsor Partners Oy 0 0 0
Sponsor Fund IV Ky 0 0 0


Further enquiries

Alexander Rosenlew, CEO, Orthex Corporation                
Tel. +358 (0)40 500 3826
alexander.rosenlew@orthexgroup.com

Saara Mäkelä, CFO, Orthex Corporation     
Tel. +358 (0)40 083 8782
saara.makela@orthexgroup.com


Orthex in brief

Orthex is a leading Nordic houseware producer that strives to make consumers' everyday life easier with its products that are presented under the consumer brands SmartStore(TM) in storage products, GastroMax(TM) in kitchenware and Orthex(TM) in home and plant care categories. Orthex aims to be the industry forerunner in sustainability.

Orthex's net sales in 2020 was 75.9 million euros and operating profit 12.3 million euros. The company has customers in more than 40 countries and local sales offices in Finland, Sweden, Norway, Denmark, Germany, France, and the United Kingdom. Orthex is listed on the Nasdaq Helsinki stock exchange.

https://news.cision.com/orthex-oyj/r/orthex-corporation--announcement-of-a-change-in-shareholding-to-chapter-9--section-10-of-the-finnish,c3455276

(c) 2021 Cision. All rights reserved., source Press Releases - English

All news about ORTHEX OYJ
05/19ORTHEX CORPORATION : Managers' Transactions - Oy Rosaco Ab
AQ
05/11TRANSCRIPT : Orthex Oyj, Q1 2022 Earnings Call, May 11, 2022
CI
05/11ORTHEX Q1 2022 : Sales slowed down, profitability affected by extraordinary high raw mater..
AQ
05/11Orthex Oyj Reports Earnings Results for the First Quarter Ended March 31, 2022
CI
05/04Publication of Orthex's Q1 Interim report on 11 May 2022 and invitation to the result p..
AQ
04/06Sanna Suvanto-Harsaae continues to chair the Board of Directors of Orthex Corporation
AQ
04/06Resolutions of Orthex Corporation's Annual General Meeting 2022
AQ
04/06Orthex Corporation Announces Board Changes
CI
03/24Certain Shares of Orthex Oyj are subject to a Lock-Up Agreement Ending on 24-MAR-2022.
CI
03/16Orthex Corporation's Annual Report and Sustainability Report 2021 published
AQ
More news
Financials
Sales 2022 90,1 M 95,4 M 95,4 M
Net income 2022 5,65 M 5,98 M 5,98 M
Net Debt 2022 23,5 M 24,9 M 24,9 M
P/E ratio 2022 19,4x
Yield 2022 3,14%
Capitalization 110 M 117 M 117 M
EV / Sales 2022 1,49x
EV / Sales 2023 1,33x
Nbr of Employees 294
Free-Float 77,1%
Chart ORTHEX OYJ
Duration : Period :
Orthex Oyj Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ORTHEX OYJ
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 3
Last Close Price 6,22 €
Average target price 7,50 €
Spread / Average Target 20,6%
EPS Revisions
Managers and Directors
Alexander Wilhelm Rosenlew Chief Executive Officer
Saara Mäkelä Chief Financial Officer
Sanna Mari Suvanto-Harsaae Chairman
Juuso Ilari Kivinen Independent Director
Satu M.A Huber Independent Director
Sector and Competitors
1st jan.Capi. (M$)
ORTHEX OYJ-43.66%117
DOW INC.21.23%50 064
LG CHEM, LTD.-18.37%29 340
YUNNAN ENERGY NEW MATERIAL CO., LTD.-12.50%29 080
FORMOSA PLASTICS CORPORATION-0.96%22 088
HANGZHOU FIRST APPLIED MATERIAL CO., LTD.-13.06%16 084