Remedy Entertainment Plc: Tencent Holdings Limited's shareholding in Remedy has gone above the 10 percent threshold

Remedy Entertainment Plc     Stock Exchange Release      April 26, 2024, at 11:00 a.m. EEST

Tencent Holdings Limited’s shareholding in Remedy has gone above the 10 percent threshold
 

Remedy Entertainment Plc has on April 25, 2024, received a notification under Chapter 9, Section 5 of the Finnish Securities Markets Act according to which Tencent Holdings Limited’s indirect shareholding of Remedy shares and voting rights has gone above the 10 percent threshold on April 24, 2024.

According to the notification, Tencent Holdings Limited’s indirect shareholding in Remedy has increased to 2,005,716 shares, corresponding to 14.80 percent of Remedy’s shares and voting rights. Remedy’s registered total number of shares and voting rights amounting to 13,552,651 has been used in the calculation of percentages for the notification.

Total positions of Tencent Holdings Limited through the shareholder:

	% 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	14.80%		14.80%	13,552,651
Position of previous notification (if applicable)	5.01%		5.01%

 

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 ISIN code (if possible)	Number of shares and voting rights		% of shares and voting rights
	Direct (SMA 9:5)	Indirect (SMA 9:6 and 9:7)	Direct (SMA 9:5)	Indirect (SMA 9:6 and 9:7)
FI4000251897	2,005,716 (Image Frame Investment (HK) Ltd)	2,005,716 (Tencent Holdings Limited)	14.80% (Image Frame Investment (HK) Ltd)	14.80% (Tencent Holdings Limited)
SUBTOTAL A	2,005,716		14.80%

B: Financial Instruments according to SMA 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
Not applicable
			SUBTOTAL B

Full chain of controlled undertakings through which the shares, voting rights and/or financial instruments are effectively held starting with the ultimate controlling legal entity:

Name	% of shares and voting rights	% of shares and voting rights through financial instruments	Total of both
Tencent Holdings Limited	0.00%	0.00%	0.00%
Image Frame Investment (HK) Ltd	14.80%	0.00%	14.80%

 

More information

Veli-Pekka Puolakanaho, Head of Corporate Development and IR

Phone: +358 50 430 0936

Email: [email protected]

 

Liisa Eloranta
Senior Investor Relations Specialist
Phone:  +358 50 4334 992
[email protected]

 

 

Remedy in brief

Remedy Entertainment Plc is a pioneering, globally renowned video game company founded in 1995 and headquartered in Finland with an office in Stockholm, Sweden. Known for its story-driven and visually stunning action games, Remedy has created multiple successful, critically acclaimed franchises such as Control, Alan Wake and Max Payne. Remedy also develops its own Northlight game engine and tools technology that powers many of its games. Remedy’s shares are listed on Nasdaq Helsinki’s official list. www.remedygames.com