Shareholders

Tecnotree has a single share series and all shares hold equal voting rights. Tecnotree’s share is quoted on the NASDAQ OMX Helsinki Ltd. Tecnotree’s trading code is TEM1V. 99.97 per cent of the company's shares are entered in the book entry securities system maintained by Euroclear Finland Ltd.

According to Article 14 of Tecnotree’s Articles of Association, a shareholder whose holding reaches or exceeds 33 1/3 per cent or 50 per cent of all the company’s shares or of the voting rights held by the shares, is obliged, at the request of other shareholders, to redeem their shares and securities entitling holders to shares, on terms specified in more detail in Article 14 of the Articles of Association. In Tecnotree Corporate Extraordinary General Meeting 9 November 2016, the General Meeting resolved to remove Article 14 in its entirety.

On 31 December 2016 Tecnotree had a total of 5,410 shareholders recorded in the book-entry securities system. Of these were 5,402 in direct ownership.

The ten largest shareholders together owned approximately 38.79 per cent of the shares and voting rights on 31 December 2016.

On 31 December 2016, altogether 3.88 per cent of Tecnotree’s shares were in foreign ownership, with  0.10 per cent nominee-registered.

On 31 December 2016, the total number of shares owned by the members of Tecnotree’s Board of Directors and the CEO was 5,070,407 which includes the shares owned by these persons themselves, by close family members and by companies in which they hold a controlling interest. Altogether these represent 4.17 per cent of the total amount of shares and voting rights. On 31 December 2016 the total number of shares owned by the members of Tecnotree’s Management Board was 10,000 excluding those owned by the CEO.

Ownership structure by sector 31 December 2016


No. of shares %
Companies 24,999,345 20.39%
Finance houses and insurance companies 11,635,675 9.49%
Public sector 98,659 0.08%
Non-profit making assosiations 6,350 0.01%
Households and private persons 78,500,213 64.01%
Foreign holders 7,350,586 5.99%
Total 122,590,828 99.97%
Joint account 37,600 0.03%
Total number of shares 122,628,428 100.00%
Nominee registrations 2,537,677 2.22%

 


 Largest shareholders 31 December 2016

The company´s ten largest shareholders No. of shares % of shares and voting rights
Hammaren & Co Oy Ab 8,803,480 7.18%
Wilenius Markku Johannes 7,127,000 5.81%
The Orange Company Oy 6,000,000 4.89%
Mandatum Henkivakuutusosakeyhtiö 5,740,000 4.68%
Keskinäinen Vakuutusyhtiö Kaleva 5,500,000 4.49%
Rakshit Tommi 4,667,479 3.81%
Kettunen Risto Juhani 2,870,000 2.34%
Puurtinen Jukka 2,610,047 2.13%
Sumelius Christer 2,147,937 1.75%
Anner Merja Satu Leena 2,100,000 1.71%
Total 47,565,943 38.79%

 Ownership of shares 31 December 2016

No. of shares Holders % Shares and votes %
1–500 1,780 32.93% 405,871 0.33%
501–1 000 759 14.00% 622,066 0.51%
1 001–5 000 1,516 28.02% 4,085,148 3.33%
5 001–10 000 520 9.61% 4,154,395 3.29%
10 001–50 000 600 11.09% 13,831,874 11.30%
50 001–100 000 96 1.77% 6,950,583 5.70%
100 001–500 000 108 2.00% 20,938,266 17.10%
> 500 000 31 0.57% 71,602,625 58.41%
Joint account

37,600 0.03%
Total 5,410 100.00% 122,628,428 100.00%