Company Information

Name Powerflute Oyj
Registration number FI-2048890-4
Country of incorporation Finland
Registered address PO Box 57
FI-70101 Kuopio
Finland
Main country of operation Finland

Information on shares

The company’s shares are traded in the form of depositary interests on the AIM market of the London Stock Exchange.

Date of Admission to AIM 11 May 2007
ISIN FI 0009015291 (Trading Symbol – POW1V)
Number of shares in issue 290,650,374 shares (excluding shares held in treasury)
Number of shares held in treasury 5,700,000 shares
Number of AIM securities in issue 296,350,374 shares
Registrar for depositary interests Capita IRG Trustees Limited
The Registry
34 Beckenham Road
Beckenham
Kent BR3 4TU

There are no restrictions on the transfer of the company’s AIM securities.

The registered office of the company is in a member state of the European Economic Area other than the United Kingdom and its shares are traded on AIM, which is not a regulated market for the purpose of the City Code on Takeovers and Mergers (the “Takeover Code”). Accordingly, the company is not subject to the Takeover Code and there is no equivalent applicable legislation in the company’s country of incorporation. The company has voluntarily adopted certain provisions of the Takeover Code and these have been incorporated into its Articles of Association.

Articles of Association

The company’s Articles of Association can be found below:

Articles of Association (English)

Articles of Association (Finnish)

Rights of shareholders

Shareholders should note that the rights of shareholders in a company incorporated in Finland may be different from the rights of shareholders in a UK incorporated company.

Major shareholders

The major shareholders in the company as at 31 March 2016 were as follows:

%
Henderson Global Investors 16.6
Dermot F Smurfit 15.6
Miton Group plc 14.1
Bacchantes Limited 12.7
Close Asset Management Holdings Limited 4.7
Majedie Asset Management 3.7
River & Mercantile Asset Management 3.1

Bacchantes Limited is a company controlled by Sir Michael Smurfit.

The percentage of AIM securities not in public hands, including shares held by directors, related parties and substantial shareholders (with shareholdings in excess of 10%), was 63.2%.