Fifax Plc: Notification of Change in Holdings according to Finnish Securities Market Act Chapter 9 § 10: Etrisk Oy
Fifax Plc, Company announcement, 11 June 2024 at 14:30 EET
Fifax Plc: Notification of Change in Holdings according to Finnish Securities Market Act Chapter 9 § 10: Etrisk Oy
Fifax Plc has received a notification on June 10, 2024, stating that Etrisk Oy’s ownership of shares exceeds 5% of all shares and votes in Fifax Plc. Etrisk Oy’s ownership exceeded the notification threshold before April 19, 2024.
The notification of exceeding the ownership threshold is retroactive because on April 12, 2024, the Parliament approved a government proposal to amend the Securities Markets Act (HE 3/2024 vp), which extends the reporting requirements for significant ownership and voting rights, as well as the application of provisions related to public tender offers and obligation to make a tender offer, to include multilateral trading facilities alongside regulated markets.
Ownership percentages according to Etrisk Oy:
| % of shares and voting rights | % of shares and voting rights through financial instruments | Total of both in % | Total number of shares and voting rights of issuer | |
| Resulting situation on the date on which threshold was crossed or reached | 7.65% | 7.65% | 5750382 | |
| Position of previous notification (if applicable) | N/A | N/A | N/A |
Notified details of the resulting situation
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) | |
| FI4000496328 | 5750382 | 7.65% | ||
For more information:
Samppa Ruohtula
CEO, FIFAX Plc
+358 40 559 8812
Certified Advisor:
Aktia Alexander Corporate Finance Oy
+358 50 520 4098
Fifax in brief
Fifax’s vision is to be a forerunner in large-scale sustainable fish farming with a minimal impact on the environment, so that locally and sustainably produced fish can be enjoyed by its customers all year round.
Established in 2012, Fifax utilizes ultra-intensive Recirculating Aquaculture Systems (RAS) technology based on the principle of an almost completely closed water circulation within the facility, where the fish live in large land-based indoor tanks. Indoor tanks better safeguard against external factors, and the environmental impact and pollution from the facility is significantly lower when compared to traditional fish farming in water bodies.
Fifax Plc’s shares have been listed in Nasdaq First North Growth Market Finland.