Rovio Entertainment Corporation Stock Exchange Release December 21, 2020 at 5.30 p.m. EET
Flagging notification in accordance with Chapter 9, Section 10 of the Securities Markets Act
Rovio Entertainment Corporation (the “Company”) has received a notification pursuant to Chapter 9, Section 5 of the Securities Markets Act from Adventurous Solutions AB. According to the notification, the holding of Adventurous Solutions AB in the Company’s shares and votes has risen above the 5 percent threshold on 18 December 2020.
The shareholders of Oivor AB have on 18 December 2020 resolved to distribute as dividends shares in Rovio Entertainment Corporation held by Oivor AB to its shareholders. As a result, the ownership of Rovio Entertainment Corporation shares and votes of Oivor AB has decreased to less than 5 percent and the ownership of Adventurous Solutions AB (which is beneficially owned by Jonathan Hed) in Rovio Entertainment Corporation shares and votes has increased to 7.94 percent.
Total positions of Adventurous Solutions AB:
| % of shares and voting rights (A) | % of shares and voting rights through financial instruments (B) | Total number of shares and voting rights of issuer (A + B) | Total number of shares and voting rights of issuer | |
| Resulting situation of the date on which the threshold was crossed of reached | 7.94 % | – | 7.94 % | 81,328,590 |
Notified details of the resulting situation on the date on which the threshold was crossed or reached:
A: Shares and voting rights
| Class/type of shares ISIN code |
Number of shares and voting rights | % of shares and voting rights | ||
| ISIN code | Direct (SMA 9:5) |
Indirect (SMA 9:6 and 9:7) |
Direct (SMA 9:5) |
Indirect (SMA 9:6 and 9:7) |
| FI4000266804 | 6,459,500 | – | 7.94 % | – |
| TOTAL | 6,459,500 | 7.94 % | ||
Information in relation to the person subject to the notification obligation:
| Full chain of controlled undertakings through which the shares, voting rights or financial instruments are effectively held (starting with the ultimate controlling natural person or legal entity): | |||
| Name | % of shares and voting rights | % of shares and voting rights through financial instruments | Total of both |
| Jonathan Sebastian Ole Hed | 100 % | – | 100 % |
The Company has a total of 81,328,590 shares.
ROVIO ENTERTAINMENT CORPORATION
Distribution:
Nasdaq Helsinki
key media
https://investors.rovio.com/en
Further information:
Veli-Pekka Puolakanaho
tel. +358 40 485 8985
RovioIR@rovio.com
Rovio in brief
Rovio Entertainment Corporation is a global, mobile-first games company that creates, develops and publishes mobile games, which have been downloaded over 4.5 billion times so far. Rovio is best known for the global Angry Birds brand, which started as a popular mobile game in 2009, and has since evolved from games to various entertainment and consumer products in brand licensing. Today, Rovio offers multiple mobile games, animations and produced The Angry Birds Movie in 2016. Its sequel, The Angry Birds Movie 2, was released in 2019. Rovio is headquartered in Finland and the company’s shares are listed on the main list of NASDAQ Helsinki stock exchange with the trading code ROVIO. (www.rovio.com)