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Tecnotree Oyj Major Shareholding Notification 2021

Feb 11, 2021

3296_mrq_2021-02-11_dbe27260-46ca-405d-95e1-c42c5069b721.pdf

Major Shareholding Notification

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Tecnotree Corporation: Disclosure under chapter 9, section 10 of the Securities Market Act

Tecnotree Corporation Stock Exchange Release 11 February 2021, at 2:00 p.m.

Tecnotree Corporation has received an announcement from Viking Acquisitions Corp. on 11 February 2021, in accordance with the Finnish Securities Market Act Chapter 9, Section 5. According to the announcement, Viking Acquisitions Corp.'s total holding in Tecnotree Corporation shares has fallen below the level of 10 %, as result of share transactions concluded on 10 February 2021.

Person subject to notification obligation: Joseph Liemandt Shareholder: Viking Acquisitions Corp.

Viking Acquisitions Corp. has announced following details:

% of shares and
voting rights (total of
A)
% of shares and
voting rights through
financial instruments
(total of B)
Total of both in %
(A+B)
Total number of
shares and voting
rights of issuer
Resulting situation on
the date on which
threshold was
crossed or reached
9.96 N/A 9.96 274,628,428
Positions of previous
notification
12.98 N/A 12.98

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 Number of shares and Number of shares and % of shares and % of shares and
ISINcode voting rights voting rights voting rights voting rights
Direct (SMA 9:5) Indirect Direct (SMA 9:5) Indirect
(SMA 9:6 and 9:7) (SMA 9:6 and 9:7)
FI0009010227 0 27,353,295 0 9.96
SUBTOTALA 27,353,295 9.96

B: Financial instruments according to SMA 9:6a:

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

FURTHER INFORMATION

Priyesh Ranjan. CFO. tel. +971 50 955 1188

About Tecnotree

Tecnotree is the only full stack digital business management solution provider for digital service providers, with over 40 years of deep domain knowledge, proven delivery and transformation capability across the globe. Our open source technology based agile products and solutions comprise the full range (order-to-cash) of business process and subscription management for telecom and other digital service providers. Tecnotree products and platforms service over 800 million subscribers worldwide.Tecnotree is listed on Nasdaq Helsinki (TEM1V). For more information, please visit www.tecnotree.com.