Savox Communications Plc | Stock Exchange Release | June 23, 2026 at 17:00:00 EEST
Savox Communications Plc: Notification pursuant to chapter 9, section 10 of the Securities Markets Act
Savox Communications Plc ("Savox") has today received a notification in accordance with Chapter 9, Section 10 of the Finnish Securities Market Act from Paul Ehrnrooth, according to which Paul Ehrnrooth's indirect holding of the shares in and votes of Savox decreased to 64.70 per cent on 23 June 2026. The change was due to a share lending agreement signed by Savox S.A., an entity controlled by Paul Ehrnrooth, and Nordea Bank Abp ("Nordea") in connection with the initial public offering of Savox on 23 June 2026, according to which Savox S.A. has on 23 June 2026 lent 699,395 existing shares in Savox to Nordea.
Total position of Savox S.A. in Savox 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 of issuer | |
| Resulting situation on the date on which threshold was crossed or reached | 64.70 | - | 64.70 | 17,711,553 |
| 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) |
| FI4000602958 | - | 11,458,861 | - | 64.70 |
| SUBTOTAL A | - | 11,458,861 | - | 64.70 |
| Information in relation to the person subject to the notification obligation | |||
| ☐ Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer. | |||
| ☒ 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: | |||
| Name | % of shares and voting rights | % of shares and voting rights through financial instruments | Total of both |
| Paul Ehrnrooth | - | - | - |
| Gadaco S.A. | - | - | - |
| Savox S.A. | 64.70 | - | 64.70 |
Further enquiries
Jerry Kettunen, CEO, tel. +358 40 044 4615
Juha Järvi, CFO, tel. +358 50 367 2286
Information about Savox
Savox is a Finnish company operating in the critical communications sector that offers a wide range of communication devices and solutions for global defence, law enforcement, fire and rescue, and industrial markets. The Company has a broad product portfolio covering tactical communication controllers, advanced hearing protection, rugged ICT devices, search and rescue systems, and next-generation intercom and vision solutions. Savox's end customers include, among others, defence forces, law enforcement authorities, fire and rescue organisations, and industrial professionals. The Company's solutions support these customers' safe and effective communication, coordination, and operation, particularly in demanding field conditions. Our revenue in 2025 was EUR 56.1 million.