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Notification pursuant to the Finnish Securities Act Chapter 9, Section 10 regarding change in holdings and voting rights

Aspocomp Group Plc, Company Announcement, August 19, 2020 at 11:35 a.m.

Aspocomp Group Plc (business ID 1547801-5) received on August 19, 2020 a notification of major shareholding, pursuant to the Chapter 9, Section 5 of the Finnish Securities Markets Act from Mr. Kyösti Kakkonen, as a result of the implementation of changes to the transparency directive in the Finnish Securities Market Act. According to the notification Kyösti Kakkonen’s holdings and voting rights in Aspocomp Group Plc exceeded 15 percent threshold on August 18, 2020.

According to the notification Kyösti Kakkonen's holdings in Aspocomp Group Plc amounted to 1,130,000 shares on August 18, 2020, which corresponded to 16.51 percent of the total amount of shares and votes in Aspocomp Group Plc.

Total positions of Kyösti Kakkonen subject to the notification:

  % of shares and voting rights % of shares and voting rights through financial instruments (total of B) Total of both in % (A+B) Total number of shares and voting rights of issuer
Resulting situation on the date on which threshold was crossed or reached 16.51%   6,841,440
Position of previous notification (if applicable) 14.70%    

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 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)
FI0009008080  1,130,000 0 16.51%
 SUBTOTAL A  1,130,000 16.51%

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

Name % of
% of shares
and voting
rights through
Joensuun Kauppa ja Kone Oy 16.51%*  1,130,000 shares

Additional information:

*Kakkonen-Yhtiöt Oy's owns 100 percent of Joensuu Kauppa ja Kone Oy. Mr. Kyösti Kakkonen owns 55.30 percent of Kakkonen-Yhtiöt Oy. 

At the date of this release, the total number of shares in Aspocomp Group Plc amounts to 6,841,440 shares. Aspocomp has one series of shares and each share entitles to one voting right.

For further information, please contact Mikko Montonen, President and CEO,
tel. +358 20 775 6860, mikko.montonen(at)


Mikko Montonen
President and CEO

Aspocomp – heart of your technology

A printed circuit board (PCB) is used for electrical interconnection and as a component assembly platform in electronic devices. Aspocomp provides PCB technology design, testing and logistics services over the entire lifecycle of a product. The company’s own production and extensive international partner network guarantee cost-effectiveness and reliable deliveries.

Aspocomp’s customers are companies that design and manufacture telecommunication systems and equipment, automotive and industrial electronics, and systems for testing semiconductor components for security technology. The company has customers around the world and most of its net sales are generated by exports.

Aspocomp is headquartered in Espoo and its plant is in Oulu, one of Finland’s major technology hubs.

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