Announcement of a change in shareholding according to Chapter 9, Section 10 of the Finnish Securities Market Act
Announcement of a change in shareholding according to Chapter 9, Section 10 of the Finnish Securities Market Act
Musti Group plc Stock Exchange Release 11 March 2022, at 4 pm
Musti Group plc (the "Company") has received a notification in accordance with Chapter 9, Section 10 of the Finnish Securities Market Act, according to which the total direct and indirect holdings of Ameriprise Financial, Inc. have on 9 March 2022 decreased below 5 percent of the Company's shares and votes.
According to the notification, the shares are held in portfolios and funds managed on a discretionary basis by Threadneedle Asset Management Limited, and the shares are held through certain nominee companies.
Total positions of Ameriprise Financial, Inc. according to the notification:
| % of shares and voting rights (total of A) |
% of shares and voting rights through financial instruments (total of B) | Total of both in % (A + B) |
Total number of shares and voting rights of issuer | |
| Resulting situation on the date on which threshold was crossed or reached | Less than 5% | 0.00% | Less than 5% | 33,535,453 |
| Position of previous notification (if applicable) | 5.01% | 0.00% | 5.01% |
Notified details of the resulting situation on the date on which the threshold was crossed or reached:
A: Shares and voting rights
| Class/type of shares | Number of shares and voting rights | % of shares and voting rights | ||
| ISIN code (if possible) | Direct (SMA 9:5) |
Indirect (SMA 9:6 and 9:7) |
Direct (SMA 9:5) |
Indirect (SMA 9:6 and 9:7) |
| FI4000410758 | 5,334 | 1,639,436 | 0.02% | 4.88% |
| SUBTOTAL A | 1,644,770 | 4.90% | ||
Information in relation to the person subject to the notification obligation:
| Full chain of controlled undertakings through which the shares, voting rights or financial instruments are effectively held (starting with the ultimate controlling natural person orlegal entity): | |||
| Name | % of shares and voting rights | % of shares and voting rights through financial instruments | Total of both |
| Ameriprise Financial, Inc. | |||
| TAM UK International Holdings Limited | |||
| Threadneedle Asset Management Oversight Limited | |||
| Ameriprise International Holdings GmbH | |||
| Threadneedle Asset Management Holdings Sarl | |||
| Threadneedle Holdings Limited | |||
| TAM UK Holdings Limited | |||
| Threadneedle Asset Management Holdings Limited | |||
| TC Financing Limited | |||
| Threadneedle Asset Management Limited | 4.90% | 4.90% | |
Additional information
Toni Rannikko, CFO, Musti Group plc, tel. +358 40 078 8812, [email protected]
Musti Group in brief
Musti makes the life of pets and their owners easier, safer and more fun. We are the leading Nordic pet care company, and we operate an omnichannel business model to cater for the needs of pets and their owners across Finland, Sweden and Norway. We offer a wide, curated assortment of pet products. We also provide pet care services such as grooming, training and veterinary services in selected locations.
Musti Group’s net sales were EUR 341 million in the financial year 2021. At the end of the financial year 2021, the company had 1,397 employees, 1.3 million loyal customers and 312 stores.