HKScan Corporation has on 27 March 2024 received a notification under Chapter 9, Section 5 of the Finnish Securities Markets Act, according to which the total holding of shares and votes of Lantmännen ek för in HKScan Corporation has decreased below the five (5) per cent threshold on 27 March 2024. 

According to the notification, on 27 March 2024, Lantmännen ek för transferred its 6,869,750 Series A shares and 665,000 Series K shares in HKScan Corporation to HKScan Corporation as part of the purchase price in a transaction where Lantmännen ek för acquired HKScan Corporation's Swedish subsidiary HKScan Sweden AB. As a result of the sale, Lantmännen ek för no longer holds any shares in HKScan Corporation.

Total position of Lantmännen ek för 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 0.00% - 0.00% 98,951,781 shares 
situation on the 201,551,781 votes
date on
which threshold
was crossed or
reached
Positions of 5.97% - 5.97% of
previous of shares 
notification  shares  10.10% of
      10.10% votes
(if applicable) of
votes

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

A: Shares and voting rights 

Class / type of Number % of
shares of shares
shares and
and voting
voting rights
rights
Direct Indirect (SMA Direct Indirect (SMA
(SMA 9:6 and 9:7) (SMA 9:6 and 9:7)
9:5) 9:5)
Series A share, 0 0 0.00 0.00
ISIN code
FI0009006308
Series K share, 0 0 0.00 0.00
ISIN code
FI0009006662
Subtotal A 0 0.00

HKScan's shares are divided into two share series as follows: 93,551,781 A shares (94.54 per cent of the total number of shares) and 5,400,000 K shares (5.46 per cent of the total number of shares). Each A share entitles to one (1) vote, and each K share entitles to twenty (20) votes.

For further information

Markku Suvanto, EVP Administration and Legal, tel. +358 10 570 6914 or by email markku.suvanto@hkscan.com
HKScan Media Service Desk, email communications@hkscan.comor tel. +358 10 570 5700

With 110 years of experience, we at HKScan make life tastier - today and tomorrow. Our strategic target is to grow into a versatile food company. Our home markets are Finland and Denmark, where around 3,600 of our professionals make responsible and locally produced food for consumers' varied food moments. Our well-known brands include HK®, Kariniemen®, Via® and Rose®. We are developing a more climate-friendly way of producing food. HKScan is a publicly listed company, and in 2023, our net sales from continuing operations totalled nearly EUR 1.2 billion. www.hkscan.com

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