Pihlajalinna Oyj

Major Shareholding Notification • Mar 15, 2018

Disclosure 359608

Pihlajalinna Oyj - Major shareholder announcements

Pihlajalinna Plc: Flagging announcement in accordance with Chapter 9, Section 10 of the Securities Markets Act

Pihlajalinna Plc Stock exchange release 15 March 2018 at 8:30 Pihlajalinna Plc: Flagging announcement in accordance with Chapter 9, Section 10 of the Securities Markets Act Pihlajalinna Plc has on 14 March 2018 received a notification under Chapter 9, Section 5 of the Securities Market Act, according to which the holding of LähiTapiola group (LähiTapiola General Mutual Insurance Company and LähiTapiola Mutual Life Insurance Company) in Pihlajalinna Plc’s shares and votes has decreased below 25 per cent on 14 March 2018. The holding of LähiTapiola group has decreased to 23.76% of the total of Pihlajalinna's shares and votes after an issuance of new shares. LähiTapiola group owns 5,375,350 Pihlajalinna's shares. Pihlajalinna has a total of 22,620,135 shares. Each share entitles its holder to one (1) vote. Total positions of LähiTapiola group: +----------------+------+-----------+---------+----------------------+ | |% of |% of shares|Total of |Total number of shares| | |shares|and voting |both in %|and voting rights of | | |and |rights |(A+B) |issuer | | |voting|through | | | | |rights|financial | | | | |(A) |instruments| | | | | |(B) | | | +----------------+------+-----------+---------+----------------------+ |Resulting |23.76%| | |22,620,135 | |situation of the| | | | | |date on | | | | | |which the | | | | | |threshold was | | | | | |crossed or | | | | | |reached | | | | | +----------------+------+-----------+---------+----------------------+ |Position of |26.07%| | | | |previous | | | | | |notification | | | | | +----------------+------+-----------+---------+----------------------+ Notified details of the resulting situation on the date on which the threshold was crossed or reached: A: shares and voting rights +------------+-----------------+-----------------+-----------+-------------+ |Class/type |Number of shares |Number of shares |% of shares|% of shares | |of shares |and voting rights|and voting rights|and voting |and voting | |ISIN code | | |rights |rights | +------------+-----------------+-----------------+-----------+-------------+ | |Direct (SMA 9:5) |Indirect (SMA 9:6|Direct (SMA|Indirect (SMA| | | |and 9:7) |9:5) |9:6 and 9:7) | +------------+-----------------+-----------------+-----------+-------------+ |FI4000092556| 5,375,350 | | 23.76% | | +------------+-----------------+-----------------+-----------+-------------+ |SUBTOTAL A | 5,375,350 | | | | +------------+-----------------+-----------------+-----------+-------------+ Additional information +-----------+------+-----------------------------+-------------------------+ |Name |% of |% of shares and voting rights|Shares, voting rights and| | |shares|through financial instruments|financial instruments in | | |and | |total | | |voting| | | | |rights| | | +-----------+------+-----------------------------+-------------------------+ |LähiTapiola|15.39%| |3,481,641 | |General | | | | |Mutual | | | | |Insurance | | | | |Company | | | | +-----------+------+-----------------------------+-------------------------+ |LähiTapiola|8.37% | |1,893,709 | |Mutual | | | | |Life | | | | |Insurance | | | | |Company | | | | +-----------+------+-----------------------------+-------------------------+ Pihlajalinna Plc For further information, please contact: Siri Markula, Head of Communications and IR, tel. +358 40 743 2177, siri.markula@pihlajalinna.fi Distribution: Nasdaq Helsinki Key media investors.pihlajalinna.fi Pihlajalinna in brief Pihlajalinna is one of the leading private social and healthcare services providers in Finland. The company serves private individuals, businesses, insurance companies and public sector entities, such as municipalities and joint municipal authorities. In its private clinics and hospitals Pihlajalinna provides general practitioner services, specialised care, emergency and on-call services, a wide range of surgical services, occupational healthcare and dental care. In addition, the company offers innovative social and healthcare service provision models to public sector entities.