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Kamux Corporation, Stock Exchange Release / Flagging Release, 20.8.2024 at 11:30
ESPOO, Finland, Aug. 20, 2024 /PRNewswire/ -- Kamux Corporation has received on August 20, 2024 the following notification pursuant to Chapter 9, Section 5 of the Securities Markets Act ("SMA"), according to which the total holding of Saray Value Fund SPC, managed by Saray Capital (DIFC) Limited (Dubai, UAE), in Kamux Corporation shares and votes has increased above five (5) percent on August 16, 2024. According to the notification, the reason for the notification was acquisition of shares or voting rights.
Total positions of Saray Value Fund SPC 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 | 6.00 % | 2,402,646 |
| Position of previous notification | N/A | |
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 | | |
| ISIN-code | | |
| FI4000206750 | | |
| Direct (SMA 9:5) | 2,402,646 | 6.00 % |
| Indirect (SMA 9:6 and 9:7) | 0 | 0 % |
| A TOTAL | 2,402,646 | 6.00 % |
For further information, please contact:
Head of Communications & IR, Katariina Hietaranta, tel. +358 50 5576765
Kamux Corporation
Communications
Kamux is a retail chain specialized in preowned cars and related integrated services that has grown rapidly. Kamux combines online shopping with an extensive showroom network to provide its customers with a great service experience anytime, anywhere. In addition to digital channels, the company has a total of 74 car showrooms in Finland, Sweden and Germany. Since its founding in Hämeenlinna, Finland, in 2003 the company has sold over 500,000 used cars, 68,257 of which were sold in 2023. Kamux's revenue in 2023 was EUR 1,002 million and its average number of employees was 885 in terms of full-time equivalent employees. Kamux Corporation is listed on Nasdaq Helsinki Ltd. For more information, please visit www.kamux.com
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