HKScan Oyj

Major Shareholding Notification • Jun 25, 2019

Disclosure 373036

HKScan Oyj - Major shareholder announcements

Disclosure under chapter 9 section 10 of the Securities Markets Act

HKScan Corporation Stock Exchange Release 25.6.2019, 16:00 (EEST) Disclosure under chapter 9 section 10 of the Securities Markets Act HKScan Corporation ("HKScan" or the "Company") has received a notification under chapter 9, section 5 of the Securities Markets Act, according to which the proportion of voting rights conferred by the series A shares and series K shares in the Company held by LSO Osuuskunta on 24 June 2019 decreased below two thirds of all voting rights in HKScan. HKScan's share capital comprises 98,951,781 shares, of which 93,551,781 are series A shares and 5,400,000 are series K shares. Each series A share entitles its holder to one (1) vote and each K share to twenty (20) votes in the general meeting of the Company. Thus, the total number of votes is 201,551,781. Total positions of LSO Osuuskunta subject to the notification: +-------------------+-------------+---------------+-------------+-------------- -+ | |% of shares |% of shares and|Total of both|Total number of| | |and |voting rights |in % |shares and | | |voting rights|through |(A+B) |voting rights | | |(total |financial | |of the target| | |of A) |instruments | |company | | | |(total B) | | | +-------------------+-------------+---------------+-------------+-------------- -+ |Resulting situation|30.13% of |- |30.13% of |98,951,781 | |on the date on |shares,59.43%| |shares,59.43%|shares, | |which the |of | |of |201,551,781 | |threshold was |voting rights| |voting rights|voting | |crossed or | | | |rights. | |reached | | | | | +-------------------+-------------+---------------+-------------+-------------- -+ |Positions of |- |- |- | | |previous | | | | | |notification (if | | | | | | applicable) | | | | | +-------------------+-------------+---------------+-------------+-------------- -+ Notified details of the resulting situation on the date on which the threshold was crossed: A: Shares and voting rights: +-------------+------------------+------------+----------------+------------+ |Class/type of|Number of shares and |% of shares and | |sharesISIN |voting rights |voting rights | |code | | | +-------------+------------------+------------+----------------+------------+ | |Direct(SMA 9:5) |Indirect(SMA|Direct(SMA 9:5) |Indirect(SMA| | | |9:6 and 9:7)| |9:6 and 9:7)| +-------------+------------------+------------+----------------+------------+ |A share, |25,083,884 |- |25.35% of |- | |FI0009006608 | | |shares.12.45% of| | | | | |voting rights. | | +-------------+------------------+------------+----------------+------------+ |K share, |4,735,000 |- |4.78% of |- | |FI0009006662 |shares.94,700,000 | |shares.46.98% of| | | |voting rights. | |voting rights. | | +-------------+------------------+------------+----------------+------------+ |A in total |29,458,884 |- |30.13% of |- | | |shares.119,783,884| |shares.59.43% of| | | |voting rights. | |voting rights. | | +-------------+------------------+------------+----------------+------------+ HKScan Corporation Board of Directors For more information please contact: HKScan Media Service Desk +358 10 570 5700 or by email to: communications@hkscan.com HKScan is a Nordic meat and meals company. We employ nearly 7 200 professionals in striving to serve the world's most demanding consumers, maintaining quality throughout the full chain of operations, From Farm to Fork. HKScan produces, markets and sells high-quality, sustainably produced pork, beef, poultry and lamb products, as well as charcuterie and meals, with strong consumer brands, including HK®, Scan®, Rakvere®, Kariniemen®, Rose®, Pärsons® ja Tallegg®. Our customers are the retail, food service, industrial and export sectors, and our home market comprises Finland, Sweden, Denmark and the Baltics. We export to close to 50 countries. In 2018, HKScan had net sales of EUR 1.7 billion. DISTRIBUTION: Nasdaq Helsinki Main media www.hkscan.com