Remedy Entertainment Oyj: Remedy Entertainment Plc: Tencent Holdings Limited's shareholding in Remedy has gone above the 10 percent threshold
Remedy Entertainment Plc Stock Exchange Release April 26, 2024, at 11:00 a.m. EEST
Tencent Holdings Limited's shareholding in Remedy has gone above the 10 percent threshold
Remedy Entertainment Plc has on April 25, 2024, received a notification under Chapter 9, Section 5 of the Finnish Securities Markets Act according to which Tencent Holdings Limited's indirect shareholding of Remedy shares and voting rights has gone above the 10 percent threshold on April 24, 2024.
According to the notification, Tencent Holdings Limited's indirect shareholding in Remedy has increased to 2,005,716 shares, corresponding to 14.80 percent of Remedy's shares and voting rights. Remedy's registered total number of shares and voting rights amounting to 13,552,651 has been used in the calculation of percentages for the notification.
Total positions of Tencent Holdings Limited through the shareholder:
+----------------+----------+------------------+------+----------------------+
| |% of |% of shares and |Total |Total number of shares|
| |shares and|voting rights |of |and voting rights of |
| |voting |through financial |both |issuer |
| |rights |instruments (total|in % | |
| |(total |of B) |(A + | |
| |of A) | |B) | |
+----------------+----------+------------------+------+----------------------+
|Resulting |14.80% | |14.80%|13,552,651 |
|situation on the| | | | |
|date on | | | | |
|which threshold | | | | |
|was crossed or | | | | |
|reached | | | | |
+----------------+----------+------------------+------+----------------------+
|Position of |5.01% | |5.01% | |
|previous | | | | |
|notification | | | | |
|(if applicable) | | | | |
+----------------+----------+------------------+------+----------------------+Details of the resulting situation on the date on which the threshold was crossed or reached:
A: Shares and voting rights
+------------+----------+---------+--------------------+---------------+
|Class/type |Number of |% of shares and |
|of shares |shares and |voting rights |
|ISIN code |voting | |
|(if |rights | |
|possible) | | |
+------------+----------+---------+--------------------+---------------+
|Direct |Indirect |Direct |Indirect |
|(SMA 9:5) |(SMA 9:6 |(SMA 9:5)|(SMA 9:6 and 9:7) |
| |and 9:7) | | |
+------------+----------+---------+--------------------+---------------+
|FI4000251897|2,005,716 |2,005,716|14.80% (Image Frame |14.80% (Tencent|
| |(Image |(Tencent |Investment (HK) Ltd)|Holdings |
| |Frame |Holdings | |Limited) |
| |Investment|Limited) | | |
| |(HK) | | | |
| |Ltd) | | | |
+------------+----------+---------+--------------------+---------------+
|SUBTOTAL A |2,005,716 |14.80% |
+------------+----------+---------+--------------------+---------------+B: Financial Instruments according to SMA 9:6a
+--------------+----------+----------+-----------+-----------------+-----------+
|Type of |Expiration|Exercise/ |Physical or|Number of shares |% of shares|
|financial |date |Conversion|cash |and voting rights|and voting |
|instrument | |Period |settlement | |rights |
+--------------+----------+----------+-----------+-----------------+-----------+
|Not applicable| | | | | |
+--------------+----------+----------+-----------+-----------------+-----------+
| |SUBTOTAL B | | |
+--------------+----------+----------+-----------+-----------------+-----------+Full chain of controlled undertakings through which the shares, voting rights and/or financial instruments are effectively held starting with the ultimate controlling legal entity:
+---------------+-----------+-----------------------------+-------------+
|Name |% of shares|% of shares and voting rights|Total of both|
| |and voting |through financial instruments| |
| |rights | | |
+---------------+-----------+-----------------------------+-------------+
|Tencent |0.00% |0.00% |0.00% |
|Holdings | | | |
|Limited | | | |
+---------------+-----------+-----------------------------+-------------+
|Image Frame |14.80% |0.00% |14.80% |
|Investment (HK)| | | |
|Ltd | | | |
+---------------+-----------+-----------------------------+-------------+More information
Veli-Pekka Puolakanaho, Head of Corporate Development and IR
Phone: +358 50 430 0936
Email: veli-pekka.puolakanaho@remedygames.com
Liisa Eloranta
Senior Investor Relations Specialist
Phone: +358 50 4334 992
liisa.eloranta@remedygames.comRemedy in brief
Remedy Entertainment Plc is a pioneering, globally renowned video game company founded in 1995 and headquartered in Finland with an office in Stockholm, Sweden. Known for its story-driven and visually stunning action games, Remedy has created multiple successful, critically acclaimed franchises such as Control, Alan Wake and Max Payne. Remedy also develops its own Northlight game engine and tools technology that powers many of its games. Remedy's shares are listed on Nasdaq Helsinki's official list. www.remedygames.com