On 6 March 2014, Pohjola Bank plc received an announcement of disclosure of shareholdings under Chapter 9, Section 5 of the Securities Markets Act from OP-Pohjola Group Central Cooperative that the shareholding of OP-Pohjola Group Central Cooperative exceeds ? of the total votes conferred by Pohjola Bank plc shares. OP-Pohjola Group Central Cooperative alone holds 47.22% of Pohjola Bank plc's shares and 66.72% of the votes. Together with controlled corporations' holdings, OP-Pohjola Group Central Cooperative holds 47.28% of Pohjola Bank plc shares and 66.75% of the votes.
The acceptances by those who have issued their acceptance of the bid by 5 March 2014 would increase the total shareholding of OP-Pohjola Group Central Cooperative in Pohjola Bank plc to 75.00% of all Pohjola Bank plc shares and the votes conferred by the shares to 86.35% of all the votes, if the bid were completed.
Offeror's existing shares and votes:
Number of shares: 150,876,239.
Proportion of all shares: 47.22%.
Number of votes: 393,440,763.
Proportion of votes: 66.72%.
Offeror's and its controlled corporations' shares and votes:
Number of shares: 151,067,551.
Proportion of all shares: 47.28%.
Number of votes: 393,632,075.
Proportion of votes: 66.75%.
The number of Pohjola Bank plc's registered shares totals 319,551,415 which represent a total of 589,717,611 votes.