Arnedo Oy, a 60%-owned subsidiary of SanomaWSOY Group's division Sanoma Corporation, has sold a part of its shareholding in Ilkka-Yhtymä Oyj, and Arnedo's holding has gone below one fifth (1/5) of Ilkka-Yhtymä's share capital. Arnedo now owns 19.98% of Ilkka-Yhtymä's share capital and 6.29% of voting rights.
The divestment is in line with SanomaWSOY's strategy to divest its non-core assets and holdings. SanomaWSOY disclosed the selling of Ilkka-Yhtymä's shares also in June 2002.
As required by the Securities Markets Act, Chapter 2, Section 9, we report the following information to the Financial Supervision and Ilkka-Yhtymä:
Complete name of the company:
Date of change in ownership:
31 October 2003
Holding in Ilkka-Yhtymä's votes and shares:
Arnedo's present shareholding:
No. of shares: 36,716
Percentage of share capital: 1.13%
Percentage of votes: 3.43%
No. of shares: 614,382
Percentage of share capital: 18.85%
Percentage of votes: 2.87%
No. of shares: 651,098
Percentage of share capital: 19.98%
Percentage of votes: 6.29%
Ilkka-Yhtymä's share capital consists of 3,259,074 shares (956,458 shares of series I and 2,302,616 shares of series II). The shares carry in total 21,431,776 votes (each I-share carries 20 votes/share and each II-share one vote/share).
Complete name and trade registration number of the shareholder:
Arnedo Oy, trade registration number 724.914, business identity code 1445643-9
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