Notification according to Chapter 9, Section 10 of the Finnish Securities Markets Act of change in holdings in Caverion Corporation shares: Apollo HoldCo SARL
Caverion Corporation Stock exchange release 3 April 2024 at 09:00 EET
Notification according to Chapter 9, Section 10 of the Finnish Securities Markets Act of change in holdings in Caverion Corporation shares: Apollo HoldCo SARL
Caverion Corporation has on 2 April 2024 received an announcement under Chapter 9, Section 5 of the Finnish Securities Markets Act, according to which the indirect holding of Apollo HoldCo SARL (on behalf of itself and its controlled undertakings specified herein) has exceeded the threshold of 90 percent. According to the announcement, the holding exceeded the threshold on 2 April 2024.
According to the announcement, the indirect holding of Apollo HoldCo SARL in Caverion Corporation ("Caverion") increased to 129,361,829 shares, corresponding to 93.12 percent of Caverion's shares and voting rights. Caverion has one share series, each share entitling to one vote. Caverion's registered total number of shares amounting to 138,920,092 has been used in the calculation of percentages for the announcement.
This notification relates to the stock exchange release published by Caverion on 5 March 2024 in which it was announced that Triton Investment Advisers LLP, the company managing the entities comprising Triton Fund V (together "Triton"), which indirectly control Crayfish BidCo Oy, intends to combine its portfolio companies Assemblin Group AB ("Assemblin") and Caverion by way of an internal restructuring within Triton as result of which Triton's ownership in Assemblin and Caverion will be combined under the same holding structure. The notified changes in the ultimate controlling entity and the full chain of controlled undertakings relate to the completion of the announced internal restructuring within Triton and do not affect Caverion's immediate ownership structure.
Total positions of person(s) 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 |93.12%| |93.12% |138,920,092 |
|situation on the| | | | |
|date on | | | | |
|which threshold | | | | |
|was crossed or | | | | |
|reached | | | | |
+----------------+------+-----------+---------+-----------------------+
|Position of | | | | |
|previous | | | | |
|notification | | | | |
|(if applicable) | | | | |
+----------------+------+-----------+---------+-----------------------+Notified details of the resulting situation on the date on which the threshold was crossed:
A: Shares and voting rights:
+------------+---------------+--------------+---------+------------+
|Class/type |Number of |% of shares |
|of shares |shares |and voting |
| |and voting |rights |
| |rights | |
+------------+---------------+--------------+---------+------------+
| |Direct |Indirect |Direct |Indirect |
| |(SMA 9:5) |(SMA 9:6 and |(SMA 9:5)|(SMA 9:6 and|
| | |9:7) | |9:7) |
+------------+---------------+--------------+---------+------------+
|FI4000062781|129,361,829 |129,361,829 |93.12% |93.12% |
| |(Crayfish BidCo|(Apollo HoldCo|(Crayfish|(Apollo |
| |Oy) |SARL) |BidCo Oy)|HoldCo SARL)|
+------------+---------------+--------------+---------+------------+
|SUBTOTAL A |129,361,829 |93.12% |
+------------+---------------+--------------+---------+------------+B: Financial instruments according to SMA 9:6a:
+----------+----------+----------+----------+----------+-----------+
|Type of |Expiration|Exercise/ |Physical |Number of |% of shares|
|financial |date |Conversion|or |shares and|and voting |
|instrument| |Period |cash |voting |rights |
| | | |settlement|rights | |
+----------+----------+----------+----------+----------+-----------+
|N/A |N/A |N/A |N/A |N/A |N/A |
+----------+----------+----------+----------+----------+-----------+
| |SUBTOTAL B|N/A |N/A |
+----------+----------+----------+----------+----------+-----------+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 of both
and voting through financial instruments
rights
Apollo 0.00 0.00 0.00
HoldCo SARL
Apollo BidCo 0.00 0.00 0.00
SARL
Apollo 0.00 0.00 0.00
Swedish
HoldCo AB
Assemblin 0.00 0.00 0.00
Group AB
Crayfish 0.00 0.00 0.00
HoldCo Oy
Crayfish 93.12 0.00 93.12
BidCo OyCAVERION CORPORATION
Distribution: Nasdaq Helsinki, principal media, www.caverion.com