Lassila & Tikanoja Oyj

Major Shareholding Notification • Dec 2, 2020

Disclosure 389242

Lassila & Tikanoja - Major shareholder announcements

Lassila & Tikanoja plc: Announcement of a change in shareholding according to Chapter 9, Section 10 of the Finnish Securities Market Act

Lassila & Tikanoja plc

Stock exchange release

2 December 2020 4:00 pm

Lassila & Tikanoja plc: Announcement of a change in shareholding according to Chapter 9, Section 10 of the Finnish Securities Market Act

Lassila & Tikanoja received a notification from Nordea Funds Ltd. on 2 December 2020, according to which its holding in Lassila & Tikanoja decreased below 5 percent on 30 November 2020. Nordea Funds’ direct holding in Lassila & Tikanoja decreased to 1,939,514 shares and 1,976,124 votes, which is 4.99% of Lassila & Tikanoja’s total shares and 5.09% of total voting rights.

Total positions of Nordea Funds Ltd./ Investeringsforeningen Nordea Invest:

	** % of shares and voting rights**	% of shares and voting rights through financial instruments	Total of both in %	Total number of shares and voting rights of issuer
Resulting situation on the date on which threshold was crossed or reached	Shares: 4.99889% Votes: 5.09325%		Shares: 4.99889% Votes: 5.09325%	38 798 874
Position of previous notification (if applicable)	Shares: 5.01839% Votes: 5.11275%		Shares: 5.01839% Votes: 5.11275%

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 shares, ISIN code	Number of shares and voting rights	% of shares and voting rights
	Direct (SMA 9:5)	Indirect (SMA 9:6 and 9:7)	Direct (SMA 9:5)	Indirect (SMA 9:6 and 9:7)
FI0009010854	Shares: 1,939,514.00 Votes: 1,976,124.00		Shares: 4.99889% Votes: 5.09325%
SUBTOTAL A	Shares: 1,939,514.00 Votes: 1,976,124.00	Shares: 4.99889% Votes: 5.09325%

**

B: Financial Instrumentes according to SMA 9:6a:**

Type of financial instrument	Expiration date	Exercise / Conversion Period	Physical or cash settlement	Number of shares and voting rights	% of shares and voting rights
	-	-	-	-	-
SUBTOTAL B	-	-	-

LASSILA & TIKANOJA PLC

Eero Hautaniemi

President and CEO

Additional information:

Eero Hautaniemi, President and CEO, tel. +358 10 636 2810

Valtteri Palin, CFO, tel. +358 40 734 7749

Lassila & Tikanoja is a service company that makes circular economy a reality. Together with our customers, we keep materials, properties and factories in productive use for as long as possible and we enhance the use of raw materials and energy. We help our customers maintain the value of their properties and materials while protecting the environment. We achieve this by delivering responsible and sustainable service solutions that make the daily lives of our customers easier. With operations in Finland, Sweden and Russia, L&T employs 8,200 people. Net sales in 2019 amounted to EUR 784.3 million. L&T is listed on Nasdaq Helsinki.

Distribution:

Nasdaq Helsinki

Major media

www.lt.fi/en