Search

Shareholders

Tecnotree has a single share series and all shares hold equal voting rights. Tecnotree’s share is quoted on the NASDAQ OMX Helsinki Ltd. Tecnotree’s trading code is TEM1V. 99.98 per cent of the company's shares are entered in the book entry securities system maintained by Euroclear Finland Ltd.

According to Article 14 of Tecnotree’s Articles of Association, a shareholder whose holding reaches or exceeds 33 1/3 per cent or 50 per cent of all the company’s shares or of the voting rights held by the shares, is obliged, at the request of other shareholders, to redeem their shares and securities entitling holders to shares, on terms specified in more detail in Article 14 of the Articles of Association. In Tecnotree Corporate Extraordinary General Meeting 9 November 2016, the General Meeting resolved to remove Article 14 in its entirety.

On 31 December 2019 Tecnotree had a total of 4,802 shareholders recorded in the book-entry securities system.

On 31 December 2019 the ten largest shareholders together owned approximately 79.46 per cent of the shares and voting rights.

On 31 December 2019, altogether 64.76 per cent of Tecnotree’s shares were in foreign ownership.

On 31 December 2019, the total number of shares owned by the members of Tecnotree’s Board of Directors and the CEO was 74,197,303 which includes the shares owned by these persons themselves, by close family members and by companies in which they hold a controlling interest. Altogether these represent 29.96 per cent of the total amount of shares and voting rights. On 31 December 2019 the total number of shares owned by the members of Tecnotree’s Management Board was 43,236 excluding those owned by the CEO.

Ownership structure by sector 31 December 2019


No. of shares %
Companies 20,919,576 8.45%
Finance houses and insurance companies 11,747,448 4.74%
Non-profit making assosiations 6,350 0.00%
Households and private persons 54,561,358 22.03%
Foreign holders 160,356,096 64.76%
Total 247,590,828 99.98%
Joint account 37,600 0.02%
Total number of shares 247,628,428 100.00%

 


 Largest shareholders 31 December 2019

The company´s ten largest shareholders No. of shares % of shares and voting rights
Fitzroy Investments Limited 74,000,000 29.88%
Euroclear Bank Sa/Nv 51,000,000 20.60%
Viking Acquisitions Corp. 29,353,295 11.85%
Hammaren & Co Oy Ab 8,803,480 3.56%
Nieminen Jorma Juhani 6,993,000 2.82%
The Orange Company Oy 6,000,000 2.42%
Mandatum Henkivakuutusosakeyhtiö 5,887,446 2.38%
Wilenius Markku Johannes 5,741,373 2.32%
Kaleva Mutual Insurance Company 5,500,000 2.22%
Saarelainen Mika Pekka 3,496,928 1.41%
Yhteensä 247,628,428 79.46%

 

 Ownership of shares 31 December 2019

Number of shares Number of shareholders % Total number of shares %
1–500 1,868 38.9% 401,833 0.16%
501–1 000 722 15.0% 595,900 0.24%
1 001–5 000 1,323 27.6% 3,440,181 1.39%
5 001–10 000 370 7.7% 2,928,436 1.18%
10 001–50 000 374 7.8% 8,527,801 3.44%
50 001–100 000 65 1.4% 4,874,162 1.97%
100 001–500 000 51 1.1% 9,766,734 3.94%
> 500 000 29 0.6% 217,055,781 87.65%
Joint account

37,600 0.02%
Total 4,802 100.0% 247,628,428 100.00%