- Business description
- Sales and net sales
- Result analysis
- Financing, cash flow and balance sheet
- Shareholders' equity of parent company
- Segment information
- Geographical areas
- Personnel
- Share and price analysis
- Shareholders
- Current authorisations
- Restructuring proceedings
- Non-Financial Information (Bookkeeping Act 3a)
- Risks and short-term uncertainty factors
- Management, auditors and corporate governance
- Events after the end of period
- Prospects in 2021
- Proposal concerning the result
- Key financial indicators and key figures per share
- Calculation of key indicators
Shareholders
Tecnotree has a single share series and all shares hold equal voting rights. Tecnotree’s share is quoted on the NASDAQ OMX Helsinki Ltd. Tecnotree’s trading code is TEM1V. 99.98 per cent of the company's shares are entered in the book entry securities system maintained by Euroclear Finland Ltd.
According to Article 14 of Tecnotree’s Articles of Association, a shareholder whose holding reaches or exceeds 33 1/3 per cent or 50 per cent of all the company’s shares or of the voting rights held by the shares, is obliged, at the request of other shareholders, to redeem their shares and securities entitling holders to shares, on terms specified in more detail in Article 14 of the Articles of Association. In Tecnotree Corporate Extraordinary General Meeting 9 November 2016, the General Meeting resolved to remove Article 14 in its entirety.
On 31 December 2020 Tecnotree had a total of 7,660 shareholders recorded in the book-entry securities system.
On 31 December 2020 the ten largest shareholders together owned approximately 76.8 per cent of the shares and voting rights.
On 31 December 2020, altogether 63.7 per cent of Tecnotree’s shares were in foreign ownership.
On 31 December 2020, the total number of shares owned by the members of Tecnotree’s Board of Directors and the CEO was 93,126,992 which includes the shares owned by these persons themselves, by close family members and by companies in which they hold a controlling interest. Altogether these represent 33.9 per cent of the total amount of shares and voting rights. On 31 December 2020 the total number of shares owned by the members of Tecnotree’s Management Board was 955,556 excluding those owned by the CEO.
| Ownership structure by sector | ||
| Number of shares | % | |
| Companies | 31,461,161 | 11.5 % |
| Finance houses and insurance companies | 11,811,833 | 4.3 % |
| Non-profit making assosiations | 6,360 | 0.0 % |
| Households and private persons | 56,271,102 | 20.5 % |
| Foreign holders | 175,040,372 | 63.7 % |
| Total | 274,590,828 | 100 % |
| Joint account | 37,600 | 0.0 % |
| Total number of shares | 274,628,428 | 100 % |
| Largest shareholders | ||
| The company´s ten largest shareholders | No. of shares | % of shares and voting rights |
| Fitzroy Investments Limited | 74,000,000 | 26.9 % |
| Euroclear Bank Sa/Nv | 51,221,000 | 18.7 % |
| Viking Acquisitions Corp. | 29,353,295 | 10.7 % |
| Hammaren & Co Oy Ab | 14,197,303 | 5.2 % |
| Nieminen Jorma Juhani | 10,941,667 | 4.0 % |
| The Orange Company Oy | 8,803,480 | 3.2 % |
| Mandatum Henkivakuutusosakeyhtiö | 6,000,000 | 2.2 % |
| Wilenius Markku Johannes | 5,500,000 | 2.0 % |
| Kaleva Mutual Insurance Company | 5,397,870 | 2.0 % |
| Saarelainen Mika Pekka | 5,363,248 | 2.0 % |
| Total | 210,777,863 | 76.8 % |
| Ownership of shares | ||||
| Number of shares | Number of shareholders | % | Total number of shares | % |
| 1–500 | 3,059 | 39.9 % | 624,376 | 0.2 % |
| 501–1 000 | 1,222 | 16.0 % | 1,005,726 | 0.4 % |
| 1 001–5 000 | 2,125 | 27.7 % | 5,506,177 | 2.0 % |
| 5 001–10 000 | 559 | 7.3 % | 4,323,817 | 1.6 % |
| 10 001–50 000 | 546 | 7.1 % | 11,419,733 | 4.2 % |
| 50 001–100 000 | 68 | 0.9 % | 5,119,567 | 1.9 % |
| 100 001–500 000 | 50 | 0.7 % | 8,985,247 | 3.3 % |
| > 500 000 | 31 | 0.4 % | 237,606,185 | 86.5 % |
| Joint account | 37,600 | 0.0 % | ||
| Total | 7,660 | 100 % | 274,628,428 | 100 % |