A handsome Alma block indeed, 5.6 million shares at 12.00 EUR/share.
A disclosure notification is imminent when looking at the shareholder list and FIN-FSA’s flagging thresholds.
Otava as the buyer seems to be the only possibility where a disclosure threshold wouldn’t be triggered. BTW, quite a wide 30-50% non-disclosure range from FIN-FSA (Finanssivalvonta).
Only 3.6% of the shares are in nominee-registered accounts.
I.e., either a notification will come shortly, or if it doesn’t, then Otava was the buyer…
Then again, if the seller had been someone other than Varma, i.e., a larger owner such as Otava, Mariatorp, or Ilkka, this would also have triggered a downward disclosure…
Or no use speculating, the block was exactly Varma’s holding amount at the turn of the month.
The flagging thresholds are 5%, 10%, 15%, 20%, 25%, 30%, 50%, 2/3, and 90% of the company’s total number of votes or shares.
When and how is a flagging notification made and published?
A flagging notification must be made without undue delay, and no later than the next trading day after the shareholder became aware or should have become aware of a transaction that crosses a disclosure threshold.