Ponsse Plc: Flagging notification in accordance with Chapter 9, Section 10 of the Securities Markets Act
Ponsse Plc has received on May 13, 2020 a notification pursuant to Chapter 9, Section 5 of the Securities Markets Act from Nordea Funds Ltd. According to the notification the holding of Nordea Funds Ltd in Ponsse’s shares has increased to 5.81 percent due to transaction made on May 8, 2020 when Nordea Fund Ltd acquired 5.7 percent (1,595,974 shares) of Ponsse Plc´s shares.
According to the notification, Nordea Funds Ltd has a total of 5.81 percent of the votes in Ponsse Plc´s shares.
Vieremä, 13 May 2020
Petri Härkönen, CFO, tel. +358 50 409 8362
NASDAQ OMX Helsinki Ltd
Ponsse Plc is a company specialising in the sales, manufacture, servicing and technology of cut-to-length method forest machines and is driven by genuine interest in its customers and their business. Ponsse develops and manufactures sustainable and innovative harvesting solutions based on customers’ needs.
The company was established by forest machine entrepreneur Einari Vidgrén in 1970, and it has been a leader in timber harvesting solutions based on the cut-to-length method ever since. Ponsse is headquartered in Vieremä, Finland. The company’s shares are quoted on the NASDAQ OMX Nordic List. This year company is celebrating its 50-year-anniversary.