Notification on a change in ownership

Sponda Plc       
Stock Exchange Release        
1 April 2016, 9.45 am

Notification on a change in ownership

Sponda Plc (“Sponda” or the “Company”) has, on 31 March 2016, received a notification pursuant to the Finnish Securities Market Act (Section 9:5) regarding the change in the ownership of Forum Fastighets Ab (“Forum Fastighets”). Sponda has completed the rights offering announced on 29 February 2016 (“Offering”). In the Offering, Forum Fastighets subscribed for 37,219,116 new shares in the Company pursuant to the additional subscription commitment it had granted as well as 15,961,747 new shares in the Company with acquired subscription rights. In addition, Forum Fastighets has, on 31 March 2016, acquired the entire capital stock of Oy Palsk Ab, Sponda’s largest shareholder prior to the Offering, and the 42,163,745 shares owned by Oy Palsk Ab will be transferred to the ownership of Forum Fastighets group. As a result, as from 1 April 2016, Forum Fastighet’s holding in shares of Sponda Plc has risen above 25%, and its current holding in Sponda Plc’s shares is 28.07%. Föreningen Konstsamfundet r.f. owns approximately 66% of Forum Fastighets.

Target company: Sponda Plc
Date of change in share holdings: 1 April 2016
Number of shares prior to the change in share holdings: 0 shares
Number of shares after the change in share holdings: 95,344,608 shares
Proportion of shares: 28.07% 
Proportion of voting rights: 28.07%

Sponda Plc

Sponda Plc is a property investment company specializing in commercialproperties in the largest cities in Finland. Sponda’s business concept is toown, lease and develop retail and office properties and shopping centres intoenvironments that promote the business success of its clients. The fair value of Sponda’s investment properties is approximately EUR 3.7 billion and the leasable area is around 1.2 million m².