Orthex Corporation: Disclosure of the change in holdings under Chapter 9, Section 10 of the Finnish Securities Markets Act (Aktia Fund Management Company Ltd)
Orthex Corporation, Stock exchange release, 18 August 2025 at 2.00 p.m. EEST
On 15 August 2025, Orthex Corporation received notification that the combined holdings of the investment funds managed by Aktia Fund Management Company Ltd – namely, Investment Fund Aktia Capital and Special Investment Fund Aktia Micro Markka ("Aktia Funds") – has exceeded the five (5) percent threshold of all shares and voting rights in Orthex as of 15 August 2025.
Total positions of Aktia Funds in the company according 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 in issuer | |
| Resulting situation on the date which threshold was crossed or reached | Combined holdings Aktia Fund Management Company Ltd 5.38%, shares of holdings: Aktia Capital 4.43%, Aktia Mikro Markka 0.95% | Combined holdings Aktia Fund Management Company Ltd 5.38%, shares of holdings: Aktia Capital 4.43%, Aktia Mikro Markka 0.95% | 17,758,854 | |
| Position of previous notification (if applicable) |
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 | Direct (SMA 9:5) |
Indirect (SMA 9:6 and 9:7) |
Direct (SMA 9:5) |
Indirect (SMA 9:6 and 9:7) |
| FI4000480504 | 955,587 | 5.38% | ||
| SUBTOTAL A | 955,587 | 5.38% | ||
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held:
| Name | % of shares and voting rights | % of shares and voting rights through financial instruments | Total of both |
| Aktia Bank Plc | 0 | 0 | 0 |
| Aktia Fund Management Company Ltd | 5.38% | 0 | 955,587 |
Additional information:
Aktia Fund Management Company Ltd represents Aktia's investment funds in its own name. Since investment funds are not independent legal entities, the Fund Management Company submits flagging notifications on behalf of the funds.
The Fund Management Company exercises voting rights in relation to companies in which the investment funds hold shares, whereby the voting rights attached to the shares owned by the investment funds are aggregated.
On 4 January 2022, Aktia Bank Plc submitted a notification to the Financial Supervisory Authority stating that it is not required to aggregate its ownership and voting rights with those of the investment funds managed by the Fund Management Company, as the voting rights attached to the shares are exercised independently of the parent company.
Further enquiries:
Saara Mäkelä, CFO, Orthex Corporation
Tel. +358 (0)40 083 8782
saara.makela@orthexgroup.com
Distribution:
Nasdaq Helsinki Ltd
Main media
https:/investors.orthexgroup.com/
Orthex in brief
Orthex (ORTHEX, Nasdaq Helsinki, Finland) is a leading Nordic houseware company. Orthex offers a broad assortment of practical and durable household products with a mission to make consumers’ everyday life easier. Orthex main consumer brands are SmartStore™ in storage products, GastroMax™ in kitchenware and Orthex™ in home and garden products. Orthex aims to be the industry forerunner in sustainability by offering safe and long-lasting products and reducing its carbon footprint by increasing the share of recycled and renewable raw materials. Read more www.orthexgroup.com.
Orthex’s net sales in 2024 were 89.7 million euros. The company has customers in more than 40 countries and local sales organisations in the Nordics, Germany, France, the UK, and the Benelux.