Merus Power Plc: Notification in accordance with chapter 9, section 10 of the Securities Market Act on a change in holdings – Turret Oy Ab
25 juni, 17:00
25.6.2025 18:00:01 EEST | Merus Power Oyj | Company Announcement
Merus Power has on 25 June 2025 received a notification in accordance with the Securities Market Act, according to which the holdings of shares and votes of Turret Oy Ab in Merus Power Plc have fallen below the threshold of 5% 25 June 2025. The holdings of shares and votes of Turret Oy Ab have fallen below the threshold of 5% as a result of a directed share issue carried out by Merus Power Plc.
Total position of person(s) subject to the notification obligation:
% 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 the issuer | |
Resulting situation on the date on which threshold was crossed or reached | Less than 5% | Less than 5% | 8 116 050 | |
Position of previous notification (if applicable) | 5.07% | 5.07% |
Notified details of the resulting situation on the date on which the threshold was crossed:
Number of shares and voting rights | % of shares and voting rights | |||
Class/type of shares | Direct (SMA 9:5) | Indirect | Direct | Indirect (SMA 9:6 ja 9:7) |
FI4000506902 | 387 500 | 4.77% | ||
SUBTOTAL | 387 500 | 4.77 % |
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 of both |
Paul Ehrnrooth | 38.23% of shares, | 38.23% of shares, | |
Sophia Ehrnrooth | 30.34% of shares, 15.58% of voting rights | 30.34% of shares, 15.58% of voting rights | |
Jacob Ehrnrooth | 30.34% of shares, 15.58% of voting rights | 30.34% of shares, 15.58% of voting rights |
After 25 June 2025, Turret Oy Ab holds 4.77% of the shares and votes.
Distribution:
Nasdaq Helsinki Oy
Key media
www.sijoittajat.meruspower.fi/en
Disclosure regulation
The original of this document has been made in Finnish. In case of any discrepancy, the Finnish version will prevail.
Contacts
- Aktia Alexander Corporate Finance Oy, Certified Adviser, +358 50 520 4098
- Kari Tuomala, CEO, +358 20 735 4320, kari.tuomala@meruspower.com
About Merus Power Oyj
Merus Power is a technology company driving the sustainable energy transition. We design and produce innovative electrical engineering solutions such as energy storages and power quality solutions, and services for the needs of renewable energy and industry. Through our scalable technology, we facilitate the growth of renewable energy in the electricity grids and improve the energy efficiency of society. We are a domestic specialist in innovative electrical engineering and operate in global and high-growth markets. Our personnel represent internationally renowned engineering expertise. Our net sales in 2024 was EUR 35.8 million and our stock’s trading symbol on the Nasdaq First North Growth Market Finland is MERUS.
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Merus Power Plc: Notification in accordance with chapter 9, section 10 of the Securities Market Act on a change in holdings – Turret Oy Ab
25 juni, 17:00
25.6.2025 18:00:01 EEST | Merus Power Oyj | Company Announcement
Merus Power has on 25 June 2025 received a notification in accordance with the Securities Market Act, according to which the holdings of shares and votes of Turret Oy Ab in Merus Power Plc have fallen below the threshold of 5% 25 June 2025. The holdings of shares and votes of Turret Oy Ab have fallen below the threshold of 5% as a result of a directed share issue carried out by Merus Power Plc.
Total position of person(s) subject to the notification obligation:
% 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 the issuer | |
Resulting situation on the date on which threshold was crossed or reached | Less than 5% | Less than 5% | 8 116 050 | |
Position of previous notification (if applicable) | 5.07% | 5.07% |
Notified details of the resulting situation on the date on which the threshold was crossed:
Number of shares and voting rights | % of shares and voting rights | |||
Class/type of shares | Direct (SMA 9:5) | Indirect | Direct | Indirect (SMA 9:6 ja 9:7) |
FI4000506902 | 387 500 | 4.77% | ||
SUBTOTAL | 387 500 | 4.77 % |
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 of both |
Paul Ehrnrooth | 38.23% of shares, | 38.23% of shares, | |
Sophia Ehrnrooth | 30.34% of shares, 15.58% of voting rights | 30.34% of shares, 15.58% of voting rights | |
Jacob Ehrnrooth | 30.34% of shares, 15.58% of voting rights | 30.34% of shares, 15.58% of voting rights |
After 25 June 2025, Turret Oy Ab holds 4.77% of the shares and votes.
Distribution:
Nasdaq Helsinki Oy
Key media
www.sijoittajat.meruspower.fi/en
Disclosure regulation
The original of this document has been made in Finnish. In case of any discrepancy, the Finnish version will prevail.
Contacts
- Aktia Alexander Corporate Finance Oy, Certified Adviser, +358 50 520 4098
- Kari Tuomala, CEO, +358 20 735 4320, kari.tuomala@meruspower.com
About Merus Power Oyj
Merus Power is a technology company driving the sustainable energy transition. We design and produce innovative electrical engineering solutions such as energy storages and power quality solutions, and services for the needs of renewable energy and industry. Through our scalable technology, we facilitate the growth of renewable energy in the electricity grids and improve the energy efficiency of society. We are a domestic specialist in innovative electrical engineering and operate in global and high-growth markets. Our personnel represent internationally renowned engineering expertise. Our net sales in 2024 was EUR 35.8 million and our stock’s trading symbol on the Nasdaq First North Growth Market Finland is MERUS.
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