A listed company’s shareholder has a duty to notify the listed company and the Finnish Financial Supervisory Authority (FIN-FSA) of major changes in its holdings and voting rights (flagging duty).

Pursuant to the Finnish Securities Markets Act a flagging notification must be made when a shareholder’s holdings or voting rights in a listed company reaches, exceeds, or falls below a flagging threshold. Flagging thresholds are 5%, 10%, 15%, 20%, 25%, 30%, 50%, 2/3 and 90% of the number of voting rights or shares in the listed company. After having received a flagging notification, the company must publish its contents.

Remedy’s shareholders must submit their flagging notifications by e-mail to ir@remedygames.com. Remedy has received and published the following flagging notifications:

Release date Transaction date Shareholder Threshold Holdings in the latest flagging notification
August 31, 2022 August 30, 2022 Accendo Capital SICAV RAIF Above 15% 15.23%
November 28, 2022 November 25, 2022 Tencent Holdings Limited Above 5% 5.01%

 

The information on this site is not exhaustive. Please familiarize yourself with the FIN-FSA’s notification of major holdings website for further information.