Sitowise: Announcement of a Change in Shareholding According to Chapter 9, Section 10 of the Finnish Securities Market Act
Sitowise Group Plc Stock Exchange Release 28 May 2026 at 9.30.m. (EEST)
Sitowise Group Plc (the "Company") has on 27 May 2026 received a notification in accordance with the Chapter 9, Section 10 of the Finnish Securities Market Act from Bank of America Corporation, according to which Bank of America Corporation 's holding of the shares and votes of the Company increased above 5.00 percent on 26 May 2026.
According to the notification, Bank of America Corporation holds indirectly a total of 2,053 shares corresponding to 0.01 percent of the Company's shares and votes, and a total of 2,977,495 shares through financial instruments corresponding to 8.30 percent of the Company's shares and votes.
The Company has one series of shares in which each share carries one vote. The total number of shares and votes is 35,845,665.
Total positions of Bank of America Corporation subject to the notification obligation
| % of shares and voting rights (total of A) | % of shares and voting rights through financial instruments (total of B) | Total of both in % (A + B) | Total number of shares and voting rights of issuer | |
| Resulting situation on the date on which threshold was crossed or reached | 0.01 | 8.30 | 8.31 | 35,845,665 |
| Position of previous notification (if applicable) | n/a | n/a | n/a |
Notified details of the resulting situation on the date on which the threshold was crossed or reached:
A: Shares and voting rights
| Class/type of shares | Number of shares and voting rights | % of shares and voting rights | ||
| ISIN code | Direct (SMA 9:5) | Indirect (SMA 9:6 and 9:7) | Direct (SMA 9:5) | Indirect (SMA 9:6 and 9:7) |
| FI4000480215 | n/a | 2,053 | n/a | 0.01 |
| SUBTOTAL A | 2,053 | 0.01 | ||
B: Financial instruments according to the Finnish Securities Market Act, Chapter 9, Section 6a
| Type of financial instrument | Expiration date | Exercise/ Conversion period | Physical or cash settlement | Number of shares and voting rights | % of shares and voting rights |
| Rights of Use | n/a | n/a | n/a | 2,976,779 | 8.30 |
| Swaps | 30/06/2026 | n/a | Cash | 716 | 0.00 |
| SUBTOTAL B | 2,977,495 | 8.30 |
Information in relation to the person subject to the notification obligation:
Full chain of controlled undertakings through which the shares, voting rights or 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 |
| Bank of America Corporation | |||
| NB Holdings Corporation | |||
| BofAML Jersey Holdings Limited | |||
| BofAML EMEA Holdings 2 Limited | |||
| Merrill Lynch International | |||
| Bank of America Corporation | |||
| NB Holdings Corporation | |||
| Merrill Lynch International, LLC | |||
| Merrill Lynch Group Holdings, L.L.C. | |||
| BofA Securities Europe SA | 8.30 | 8.30 |
Sitowise Group Plc
Additional information:
Sanna Sormaala, CFO, Sitowise Group Plc, tel. +358 50 452 5498
Distribution:
Nasdaq Helsinki
Major media
www.sitowise.com
About Sitowise
Sitowise is a Nordic expert in technical consulting and digital solutions. Our mission is to engineer the foundation of Nordic resilience. We design infrastructure, buildings and cities that stand the test of time and change. We enhance society's operational reliability by developing critical infrastructure and ensure the sustainable use of the environment and natural resources. We operate in three business areas - real estate and buildings, infrastructure, and digital solutions - in Finland and Sweden. The Group's net sales in 2025 were EUR 189 million, and the company employs approximately 1,900 experts. Sitowise Group Plc is listed on the Nasdaq Helsinki stock exchange under the trading symbol SITOWS.