Nordic Lights Group Corporation: Notification of holdings pursuant to the articles of association

Nordic Lights Group Corporation Company release          April 21, 2023 at 1:00 p.m. EEST

 

Notification of holdings pursuant to the articles of association of Nordic Lights Group Corporation

 

Nordic Lights Group Corporation (“Nordic Lights” or the “Company”) has yesterday, on 20 April 2023, received a notification from Sponsor Fund IV Ky (“Sponsor”) in accordance with section 10 of Nordic Lights’ articles of association, according to which Sponsor’s direct holding of shares and votes of the Company decreased to 0.00 percent on 20 April 2023.

 

The change was due to the fact that Sponsor has disposed all its shareholdings in the Company to Montana BidCo Oy in the public tender offer. The completion trades for the public tender offer were carried out yesterday.

 

Total positions of Sponsor in the Company according to the notification:

 

	% of shares and voting rights	% of shares and voting rights through financial instruments	Total of both in %
Holdings on the date on which threshold was crossed or reached	0%	N/A	0%
Holdings according to previous notification (if applicable)	N/A	N/A	N/A

 

Full chain of controlled undertakings through which the voting rights are effectively held starting with the ultimate controlling natural person or legal entity:

 

Name and business ID	% of shares and voting rights	Total shares and voting rights	Total of shares, voting rights and financial instruments
Sponsor Capital Oy, 0761246-4	0 %	0	0
Sponsor Partners Oy, 2600113-2	0 %	0	0
Sponsor Fund IV Ky, 2646944-8	0 %	0	0

 

Further enquiries:

 

Tom Nordström, Chief Executive Officer, Nordic Lights Group Corporation

Tel. +358 400 909005

tom.nordstrom@nordiclights.com

 

Certified Adviser:

Oaklins Merasco Ltd

Tel. +358 9 612 9670

 

About Nordic Lights

 

Nordic Lights, based in Pietarsaari, Finland, has paved its way as a global premium supplier of high-quality lighting solutions for heavy-duty equipment in several demanding industrial sectors. Nordic Lights’ mission is to enable the safe and efficient use of equipment. With three decades of experience Nordic Lights works with the most demanding manufacturers of machinery from design to production and aftermarket support. Nordic Lights’ revenue in 2022 was EUR 82 million. The company employs around 300 employees globally. Nordic Lights’ share is listed on Nasdaq Helsinki’s First North marketplace. www.nordiclights.com