Notification procedure

Notifications of major shareholdings to be made to listed company and FIN-FSA

Notifications of major shareholdings must be made without undue delay, but no later than on the trading day following a breach of the notification threshold.

The notification should be sent to the company and to FIN-FSA.

The notification submitted to FIN-FSA should be sent to the registry office by e-mail, at the address kirjaamo(at)

The notification should be made in writing on the notification form. The notification should specify the existing proportions of holdings and voting rights, the financial instruments1 and the combined amount of the existing proportions of holdings and voting rights and financial instruments.

Notification to be disclosed by listed company

The listed company must disclose the information provided in the notification without undue delay.

If a shareholder's notification is incomplete, the company may supplement it, provided that this does not cause any unreasonable delay or inconvenience. In such a case, however, the company should indicate the details it has added.

If the target company does not provide all the information required in the notification form, the company should also mention this when disclosing the notification. Any other information provided in the notification must also be disclosed at the same time.


1 Financial instruments carrying entitlement to acquire shares already issued or leading to a similar economic effect.

Contact information

  • ​Mr Ville Kajala, Senior Policy Advisor
    tel. +358 9 183 5226
  • Ms Marianne Demecs, Market Supervisor
    tel. +358 9 183 5366
  • Mr Ismo Raussi, Market Supervisor
    tel. +358 9 183 5231


17 August 2017

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