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Basware: Flagging notification in accordance with Chapter 9 Section 10 of the Finnish Securities Markets Act

Basware Corporation has received on October 22, 2020 the following notification pursuant to Chapter 9, Section 5 of the Finnish Securities Market Act from Lannebo Fonder AB according to which their total holding of shares in Basware Corporation has increased above five (5) percent on October 21, 2020.

Basware Corporation has one series of shares in which each share carries one vote. The total number of shares and votes is 14,420,936.
The holding of Lannebo Fonder AB according to the notification:

% of % of Total of
shares and shares and voting rights both in %
voting through financial
rights instruments
Resulting 7.47945% 0% 7.47945%
situation on the
date on
which threshold
was crossed or
Position of N/A N/A N/A
notification (if

Notified details of the resulting situation following the crossing of the threshold:

A: Shares and voting rights

Number of % of shares and voting rights
Class/type Direct Indirect Direct Indirect (SMA 9:6 and 9:7)
of shares: (SMA 9:5) (SMA 9:6 (SMA 9:5)
and 9:7)
FI0009008403 1,078,606 0 7.47945% 0%
Subtotal 1,078,606 7.47945%

For more information, please contact:
Ben Selby, Head of Investor Relations, Basware Corporation
Tel. +358 50 305 8077,

Nasdaq Helsinki
Main media

About Basware:

Basware offers the largest open business network in the world and is the global leader in providing networked purchase-to-pay solutions and e-invoicing services. Our technology empowers organisations with 100% spend visibility by enabling the capture of all financial data across procurement, finance, accounts payable and accounts receivable functions. Basware is a global company doing business in more than 100 countries and is traded on the Helsinki exchange (BAS1V: HE). Find out more at

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