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 17 April 2023 at 11.00am
Musti Group plc (the “Company”) has on 14 April 2023 received a notification in accordance with the Chapter 9, Section 5 of the Finnish Securities Markets Act from Varma Mutual Pension Insurance Company (”Varma”), according to which Varma’s holding of the shares and votes of the Company increased above the threshold of 5 percent on 14 April 2023.
Varma holds a total of 1,907,020 shares corresponding to an ownership of 5.69 percent of the Company’s shares and votes.
Total positions of Varma 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 | 5.69 | N/A | 5.69 | 33,535,453 |
| Position of previous notification (if applicable) | - | N/A | - | N/A |
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 | 1,907,020 | N/A | 5.69 | N/A |
| SUBTOTAL A | 1,907,020 | 5.69 | ||
B: Financial instruments according to the Finnish Securities Market Act 9:6a
| Type of financial instrument | Expiration date | Exercise/ Conversion period | Physical or cash settlement | Number of shares and voting rights | % of shares and voting rights |
| N/A | |||||
| SUBTOTAL B |
Additional information
Essi Nikitin
Head of Investor Relations and Communications
Tel. +358 50 5811 455
Musti 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 391 million in the financial year 2022. At the end of the financial year 2022, the company had 1,587 employees, 1.5 million loyal customers and 335 stores.