Nixu Oyj: Announcement of a change in shareholding according to chapter 9, section 10 of the Finnish Securities Market Act

Nixu Corporation, Stock exchange release on June 13, 2023, at 4.00 p.m. EEST

Nixu Corporation (business code 0721811-7) has today, 13 June 2023, received from DNV AS a notification pursuant to Chapter 9, Section 5 of the Finnish Securities Markets Act.

According to the notification, the ownership of DNV AS in Nixu Corporation’s shares (ISIN: FI0009008387) increased above ninety (90) per cent threshold on June 12, 2023.

Nixu Corporation has one share series and each share entitles its holder to one (1) vote. The total number of shares is 7,447,219.

Total shareholding of DNV AS subject to the notification:

% of shares and voting rights % of shares and voting rights through financial instruments Total of both in % Total number of shares and voting rights of issuer
Resulting situation on the date on which threshold was crossed or reached 93.25% 2.83% 93.44% 7,447,219
Position of previous notification (if applicable) N/A N/A N/A

Notified details of the resulting situation on the date on which the threshold was crossed:

A: Shares and voting rights

Number of shares and voting rights  % of shares and voting rights
Class/type of shares ISIN code Direct
(SMA 9:5)
Indirect
(SMA 9:6 and 9:7)
Direct
(SMA 9:5)
Indirect
(SMA 9:6 and 9:7)
FI0009008387 6,942,759 93.25%
A TOTAL 6,942,759 93.25%

B: Financial Instruments according to SMA 9:6a

Type of financial instrument Expiration date Exercise / Conversion Period Physical or cash settlement Number of shares and voting rights % of shares and voting rights
Option 2019A N/A N/A Cash 63,800 0.83 %
Option 2019B N/A N/A Cash 68,000 0.89 %
Option 2019C N/A N/A Cash 85,000 1.11 %
SUBTOTAL B 216,800 2.83 %

Information in relation to the person subject to the notification obligation

Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity:

Name % of shares and voting rights % of shares and voting rights through financial instruments Total in both
Stiftelsen Det Norske Veritas (Foundation) 100 % 100 %
Det Norske Veritas Holding AS 100 % 100 %
DNV Group AS 100 % 100 %

Additional information: DNV has completed its tender offer for all issued and outstanding shares and stock options in Nixu. Trades regarding the tendered shares and stock options were executed on June 12, 2023.

Nixu Corporation

Further information:
CFO Janne Kärkkäinen, Nixu Corporation
Telephone: +358 40 529 4603, e-mail: Janne.Karkkainen@nixu.com