Lifeline SPAC I Plc: Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10
Lifeline SPAC I Plc has on 27 January 2022 received an announcement in accordance with the Finnish Securities Market Act Chapter 9, Section 5, according to which Mandatum Life Insurance Company Limited’s direct and indirect holdings have exceeded the level of five (5) percent of all shares and voting rights in Lifeline SPAC I Plc.
According to the announcement, Mandatum Life Insurance Company Limited directly and indirectly held total 632,001 Lifeline SPAC I Plc’s Series A shares on 27 January 2022, which corresponds to 5.06 percent of all shares and voting rights in Lifeline SPAC I Plc.
Total direct and indirect position of Mandatum Life Insurance Company Limited subject to the notification:
|
|
% of shares and voting rights |
Total number of shares and voting rights of issuer |
|
Resulting situation on the date on which the threshold was crossed or reached |
5.06% |
12,500,000 |
|
Position of previous notification (if applicable) |
n/a |
|
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 voting rights |
% of shares and voting rights |
||
|
Direct (SMA 9:5) |
Indirect (SMA 9:6 and 9:7) |
Direct (SMA 9:5) |
Indirect (SMA 9:6 and 9:7) |
|
|
FI4000512496 |
0 |
632,001 |
0% |
6.32% |
|
FI4000512124 |
0 |
0 |
0% |
0% |
|
SUBTOTAL A |
632,001 |
5.06% |
||
For further information, please contact:
Tuomo Vähäpassi, CEO, Lifeline SPAC I Plc
tuomo.vahapassi@lifeline-spac1.com
+358 40 736 0676
Lifeline SPAC I in brief
Lifeline SPAC I Plc is a Finnish Special Purpose Acquisition Company founded for corporate acquisitions. We raised capital with an offering and listed on the SPAC segment of the regulated market of Nasdaq Helsinki. Our objective is to carry out an acquisition within 24-36 months from the listing. We offer investors an opportunity to invest in companies that retail investors or many institutional investors otherwise would not be able to invest in, because these kinds of investments are typically made by later-stage private equity funds. Our aim is to generate profit for shareholders and increase the value of the target company by supporting its growth and development also after the acquisition. Our primary strategic goal is to identify and merge with an unlisted technology-focused Nordic company with high growth potential.