Sitowise: Announcement of a Change in Shareholding According to Chapter 9, Section 10 of the Finnish Securities Market Act

Sitowise Group Plc Stock Exchange Release 4 October 2024 at 12.45 p.m. (EEST)

Sitowise Group Plc (the "Company") has on 3 October 2024 received a notification in accordance with the Chapter 9, Section 10 of the Finnish Securities Market Act from Morgan Stanley, according to which Morgan Stanley & Co International Plc's holding of the shares and votes of the Company increased to 11.15 percent on 2 October 2024.

According to the notification, Morgan Stanley holds indirectly a total of 2,215,515 shares corresponding to 6.18 percent of the Company's shares and votes, and a total of 1,779,850 shares through financial instruments corresponding to 4.97 percent of the Company's shares and votes. 

The Company has one series of shares in which each share carries one vote. The total number of shares and votes is 35,845,665.

Total positions of Morgan Stanley & Co International Plc according to the notification:

% of % of shares and Total Total number of shares
shares voting rights of and voting rights of
and through financial both issuer
voting instruments (total in %
rights of B) (A +
(total B)
of A)
Resulting 6.18 4.97 11.15 35,845,665
situation on the
date on
which threshold
was crossed or
reached
Position of 3.41 0.39 3.80
previous
notification
(28 December
2023)

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

A: Shares and voting rights

Class/type Number of % of shares and voting rights
of shares shares
and
voting
rights
ISIN code Direct Indirect Direct Indirect
(if (SMA 9:5) (SMA 9:6 (SMA 9:5) (SMA 9:6 and 9:7)
possible) and 9:7)
FI4000480215 0 2,215,515 0.00% 6.18%
SUBTOTAL A 2,215,515 6.18%

B: Financial instruments according to the Finnish Securities Market Act, Chapter 9, Section 6a

Type of Expiration Exercise/ Physical Number of % of shares
financial date Conversion or shares and voting
instrument period cash and rights
settlement voting
rights
Right of At any At any Physical 1,779,850 4.97%
Recall over time time
a
securities
lending
agreement
SUBTOTAL B 1,779,850 4.97%

Information in relation to the person subject to the notification obligation:

Full chain of controlled undertakings through which the shares, voting rights or 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 of
rights both
Morgan Stanley
Morgan Stanley
International
Holdings Inc.
Morgan Stanley
International Limited
Morgan Stanley
Investments (UK)
Morgan Stanley & Co. 6.18 % 4.97% 11.15%
International plc

Sitowise Group Plc

Additional information:

Hanna Masala, CFO, Sitowise Group Plc, tel. +358 40 558 1323

Distribution:

Nasdaq Helsinki
Major media
www.sitowise.com

About Sitowise

Sitowise is a Nordic expert in the built environment and forestry with strong focus on digitality. We provide design and consulting knowhow to enable more sustainable environment and smarter urban development as well as smooth transportation. Sitowise offers services related to real estate and buildings, infrastructure, and digital solutions both in Finland and in Sweden. Global megatrends drive huge changes that require a re-evaluation of the smartness in the built environment - therefore we have set our vision to be Redefining Smartness in Cities. The Group's net sales were EUR  211 million in 2023 and the company employs more than 2,100 experts. Sitowise Group Plc is listed on Nasdaq Helsinki under the trading symbol SITOWS.