Honkarakenne Oyj

Major Shareholding Notification • Jan 18, 2019

HONKARAKENNE: NOTICE PURSUANT TO THE FINNISH SECURITIES MARKET ACT, CHAPTER 9, SECTION 5

HONKARAKENNE: NOTICE PURSUANT TO THE FINNISH SECURITIES MARKET ACT, CHAPTER 9, SECTION 5

HONKARAKENNE OYJ Stock Exchange 18 January 2019 at 4:30 p.m.

HONKARAKENNE: NOTICE PURSUANT TO THE FINNISH SECURITIES MARKET ACT, CHAPTER 9, SECTION 5

Honkarakenne Oyj has received the following notification pursuant to Chapter 9, Section 5 of the Finnish Securities Market Act:

CapMan Oyj’s holding of shares in Honkarakenne shares has fallen below 5 % of total number of shares.

1. Identity of the issuer: Honkarakenne Oyj                     

2. Reason for the notification:                                           

An acquisition or disposal of shares or voting rights                           

3. Details of person subject to the notification obligation:                                                      

Name: CapMan Oyj    

City and country of residence: Helsinki, Suomi

5. Date on which the threshold was crossed or reached: 17 January 2019

6. Total positions of person(s) subject to the notification obligation:
	% of shares and voting rights (total of 7.A)	% of shares and voting rights through financial instruments (total of 7.B)	Total of both in % (7.A + 7.B)	Total number of shares and voting rights of issuer
Resulting situation on the date on which threshold was crossed or reached	Shares	4,98 %			Shares	4,98 %	6 211 419 shares 11 913 243 votes
Votes	2,60 %			Votes	2,60 %
Position of previous notification (if applicable)

7. Notified details of the resulting situation on the date on which the threshold was crossed or reached:
A: Shares and voting rights	Number of shares and voting rights	% of shares and voting rights
Clss/type of shares ISIN-kodei (if possible)	Direct (SMA 9:5)	Indirect (SMA 9:6 and 9:7)	Direct (SMA 9:5)	Indirect (SMA 9:6 and 9:7)
FI0009900104 (HONBS)	309 270			Shares 4,98 % Votes 2,60 %	N/A
N/A
A TOTAL	309 270	Shares: 4,98 % Votes: 2,60 %

8. Information in relation to the person subject to the notification obligation :
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.

10. Aditional information:

CapMan Oyj has received Honkarakenne shares when Norvestia Oyj merged with CapMan Oyj. CapMan Oyj has not previously flagged its holding in Honkarakenne Oyj.

HONKARAKENNE OYJ

Marko Saarelainen

President and CEO

FURTHER INFORMATION:

Marko Saarelainen, President and CEO, tel. +358 40 542 0254, marko.saarelainen@honka.com or

Leena Aalto, Vice President – Finance, CFO, tel. 040 769 4590, leena.aalto@honka.com

DISTRIBUTION

NASDAQ OMX Helsinki

Key media

Financial Supervisory Authority

www.honka.com

Under its Honka® brand, Honkarakenne manufactures high-quality, healthy and ecological detached houses, holiday homes and public buildings using Finnish solid wood. The company has delivered 85,000 buildings to more than 50 countries. House packages are made in Finland, the companys’s own factory is located in Karstula, Finland. In 2017, the Honkarakenne Group had net sales of MEUR 43.4, of which exports accounted for 41%. www.honka.com