Nixu Oyj: Announcement of a change in shareholding according to chapter 9, section 10 of the Finnish Securities Market Act

Nixu Corporation (business code 0721811-7) has today, 13 June 2023, received from DNV AS a notification pursuant to Chapter 9, Section 5 of the Finnish Securities Markets Act.

According to the notification, the ownership of DNV AS in Nixu Corporation's shares (ISIN: FI0009008387) increased above ninety (90) per cent threshold on June 12, 2023.

Nixu Corporation has one share series and each share entitles its holder to one (1) vote. The total number of shares is 7,447,219.

Total shareholding of DNV AS subject to the notification:

% of % of shares Total of Total number of shares
shares and voting both in % and voting rights of
and rights issuer
voting through
rights financial
instruments
Resulting 93.25% 2.83% 93.44% 7,447,219
situation on the
date on
which threshold
was crossed or
reached
Position of N/A N/A N/A
previous
notification
(if applicable)

Notified details of the resulting situation on the date on which the threshold was crossed:

A: Shares and voting rights

Number of % of shares and voting rights
shares
and
voting
rights 
Class/type of Direct Indirect Direct Indirect
shares ISIN (SMA 9:5) (SMA 9:6 and (SMA 9:5) (SMA 9:6 and 9:7)
code 9:7)
FI0009008387 6,942,759 93.25%
A TOTAL 6,942,759 93.25%

B: Financial Instruments according to SMA 9:6a

Type of Expiration Exercise / Physical Number of shares % of shares
financial date Conversion or and voting rights and voting
instrument Period cash rights
settlement
Option N/A N/A Cash 63,800 0.83 %
2019A
Option N/A N/A Cash 68,000 0.89 %
2019B
Option N/A N/A Cash 85,000 1.11 %
2019C
SUBTOTAL B 216,800 2.83 %

Information in relation to the person subject to the notification obligation

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 shares % of shares and voting rights Total
and voting through financial instruments in
rights both
Stiftelsen Det Norske 100 % 100 %
Veritas (Foundation)
Det Norske Veritas 100 % 100 %
Holding AS
DNV Group AS 100 % 100 %

Additional information: DNV has completed its tender offer for all issued and outstanding shares and stock options in Nixu. Trades regarding the tendered shares and stock options were executed on June 12, 2023.

Nixu Corporation

Further information:
CFO Janne Kärkkäinen, Nixu Corporation
Telephone: +358 40 529 4603, e-mail: Janne.Karkkainen@nixu.com