Kesko Corporation: Disclosure in compliance with Chapter 9, Section 10 of the Finnish Securities Markets Act (24.4.2024)
April 26, 2024 at 06:37 am EDT
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Published: 2024-04-26 12:30:00 CEST
Kesko Oyj
Major shareholder announcements
Kesko Corporation: Disclosure in compliance with Chapter 9, Section 10 of the Finnish Securities Markets Act (24.4.2024)
KESKO CORPORATION STOCK EXCHANGE RELEASE 26.4.2024 AT 13.30
Kesko Corporation has on 25 April 2024 received a notification pursuant to Chapter 9, Section 10 of the Finnish Securities Markets Act from BlackRock, Inc.
According to the notification, on 24 April 2024, BlackRock, Inc.'s holding in Kesko Corporation, including holding through financial instruments,fell below the threshold of five (5) per cent of shares.
According to the notification of BlackRock, Inc.:
% 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
Below 5% shares
Below 5% voting rights
Below 5% shares
Below 5% voting rights
Below 5% shares
Below 5% voting rights
400,079,008 shares
1,542,611,260 voting rights
Position of previous notification (if applicable)
5.00% shares
Below 5% voting rights
0.01% shares
Below 5% voting rights
5.02% shares
Below 5% voting rights
------------------------
A: Shares and voting rights
Class/type of
shares
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)
FI0009000202
Below 5% shares
Below 5% voting rights
Below 5% shares
Below 5% voting rights
SUBTOTAL A
Below 5% shares
Below 5% voting rights
Below 5% shares
Below 5% voting rights
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
American Depositary Receipt (US4925311080)
N/A
N/A
Physical
Below 5% shares
Below 5% voting rights
Below 5% shares
Below 5% voting rights
Securities Lent
N/A
N/A
Physical
Below 5% shares
Below 5% voting rights
Below 5% shares
Below 5% voting rights
CFD
N/A
N/A
Cash
Below 5% shares
Below 5% voting rights
Below 5% shares
Below 5% voting rights
SUBTOTAL B
Below 5% shares
Below 5% voting rights
Below 5% shares
Below 5% voting rights
Kesko Corporation's share capital is divided into A shares and B shares. The total number of shares is 400,079,008 of which 126,948,028 (31.7%) are A shares and 273,130,980 (68.3%) are B shares. The total amount of own shares held by the company is 2,113,471.
The 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 is presented in the enclosed attachment.
Further informationis available from Lasse Luukkainen, Group General Counsel, tel. +358 105 322 818.
Kesko Corporation
DISTRIBUTION
Nasdaq Helsinki Ltd
Main news media www.kesko.fi
This news release was distributed by Company News System, www.nasdaqomxnordic.com/news/marketnotices
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Disclaimer
Kesko Oyj published this content on
26 April 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
26 April 2024 10:36:40 UTC.
Kesko Oyj is the leading wholesaler and retailer in Finland. Net sales break down by family of products as follows:
- grocery and convenience goods (53.8%; K-retailer; No. 2 in Finland): owned 1,208 supermarkets and stores under the names K-citymarket, K-supermarket, K-Market, Neste K., etc.;
- building, home improvement, DIY and gardening products (35.6%): building materials, interior design materials, gardening products, household appliances, furniture, etc. distributed via 483 outlets primarily under the Onninen, K-rauta, K-Bygg, Byggmakker, Byggarnas Partner and Carlsen Fritzøe brands;
- automotive (10.6%; K-Auto): cars (Volkswagen, Audi, Seat, CUPRA, Porsche, Bentley and MAN brands), spare parts and original accessories marketed through 49 outlets in Finland. The group also offers leisure and sports goods (owned 62 stores under the Intersport and Budget Sport names).
Net sales are distributed geographically as follows: Finland (82.4%), Nordic countries (13.7%), Baltic countries (1.1%) and other (2.8%).
KESKO OYJ 
