Correction: Notification in accordance with the Finnish Securities Market Act Chapter 9, §5 and §6: Wipunen Varainhallinta Ltd’s holding in Endomines Finland Plc
Endomines Finland Plc – Stock Exchange Release, Flagging Notification – 30/12/2024, at 14:00 EET
Correction: Notification in accordance with the Finnish Securities Market Act Chapter 9, §5 and §6: Wipunen Varainhallinta Ltd’s holding in Endomines Finland Plc
Endomines Finland Plc republishes the flagging notification published on December 20, 2024. Endomines has received a correction notice stating that the flagging notification received by Endomines on December 20, 2024, contained incorrect information regarding the ownership of Wipunen Varainhallinta Ltd. Heikki Herlin’s share of the company is not 100 %; instead, Ilkka Herlin owns 95.24 % of the shares and 98.4 % of the votes of the company. The ownership information has been corrected in the notification below, and no other changes have been made. The corrected notification is in full below.
Notification in accordance with the Finnish Securities Market Act Chapter 9, §5 and §6: Wipunen Varainhallinta Ltd’s holding in Endomines Finland Plc
Wipunen Varainhallinta Ltd has notified Endomines Finland Plc, that it’s holding of Endomines' shares and votes exceeded the 10 % flagging disclosure limit on 20 January 2024.
Wipunen Varainhallinta Ltd’s share according to the notification:
| % shares and votes | % of shares and votes through financial instruments (total of 7.B) | Total % of shares and votes (7.A + 7.B) | Total number of shares and votes | |
| Resulting situation on the date on which the threshold was crossed or reached | 13.47 | 13.47 | 1,459,095 | |
| Position of previous notification (if applicable) | n/a | n/a | n/a | n/a |
Notified details of the resulting situation on the date on which the threshold was crossed:
Shares and votes
Class / type of shares ISIN-code | Number of shares and votes | % of shares and votes | ||
Direct (SMA 9:5) | Indirect (SMA 9:6 and 9:7) | Direct (SMA 9:5) | Indirect (SMA 9:6 and 9:7) | |
| FI4000508023 | 1,459,095 | 13.47 | ||
| SUBTOTAL | 1,459,095 | 13.47 | ||
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 |
| n/a | n/a | n/a | n/a | n/a | n/a |
The controlled undertakings through which the shares, voting rights and financial instruments are effectively held:
| Name | % of shares and votes | % of shares and votes through financial instruments | Total of both |
| Ilkka Herlin | 95.24 % of the shares and 98.4 % of the votes | n/a | 95.24 % of the shares and 98.4 % of the votes |
Further information
Minni Lempinen
CFO, Endomines Finland Oyj
minni.lempinen@endomines.com
+358 40 769 3483
Endomines Finland Plc is a Finnish forerunner in sustainable mining. Our operations are focused on gold production and exploration in the Karelian Gold Line in Eastern Finland. We also own the rights to seven gold deposits in the US. We produce gold for the jewellery and electronics industries and create value by turning natural resources into wealth, and we also create value by transforming natural resources into wealth, an investment that can withstand the volatility of global politics. Our vision is to develop the Karelian gold line into one of the most important and sustainable gold-producing regions in the world. Endomines is listed on the OMX Helsinki main list (PAMPALO). www.endomines.com.