Ramirent Plc Stock Exchange Release July 25, 2019 at 1.00 pm EEST
Disclosure under Chapter 9, Section 10 of the Securities Market Act of change in Loxam S.A.S.’ holdings in Ramirent Plc’s shares
Ramirent Plc (Business ID 0977135-4) has on July 25, 2019 received a notification under Chapter 9, Section 5 of the Finnish Securities Markets Act from Loxam S.A.S. according to which Loxam S.A.S.’ holding of shares and votes in Ramirent Plc has on July 24, 2019 exceeded the threshold of 90 percent.
According to the notification, Loxam S.A.S. held altogether 109,355,966 Ramirent Plc’s shares on July 24, 2019, which represents 95.47 percent of Ramirent Plc’s shares and votes. Loxam S.A.S. has on June 19, 2019 commenced a voluntary recommended public cash tender offer to purchase all of the issued and outstanding shares in Ramirent Plc. The shares tendered in the tender offer represent 96.25 percent of all the outstanding shares in Ramirent Plc, which is equal to 95.47 percent of all shares in Ramirent Plc.
According to the notification, the 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 is as follows:
| Name | % of shares and voting rights | % of shares and voting rights through financial instruments | Total of both |
| Gerard Deprez, DPZ Partners SAS and certain family members of the Deprez family | |||
| Loxam S.A.S. | 95.47% | 95.47% |
According to the notification, Gerard Deprez, DPZ Partners SAS (a holding company controlled by Gerard Deprez) and certain family members of the Deprez family hold together 84.50 percent of shares and votes in Loxam S.A.S.
Ramirent Plc has a total of 114,545,669 shares. The company has only one class of shares and each share entitles to one vote.
For further information, please contact:
Franciska Janzon, SVP, Marketing, Communications, IR, Ramirent Plc, tel. +358 20 750 2859.
Ramirent is a leading service company offering equipment rental for construction and other industries. Our mission is to help our customers gear up on safety and efficiency by delivering great equipment and smooth service with a smile. We have around 2,900 co-workers at 294 customer centers across 9 countries in northern and eastern Europe. In 2018, Ramirent Group net sales reached a total of EUR 712 million. Ramirent is listed on the Nasdaq Helsinki Ltd (RAMI). Ramirent – Gear Up. Equipment rental at your service
Distribution: Nasdaq Helsinki Ltd, the main media, www.ramirent.com