25.9.2015 10:45
Stock Exchange releases

Changes in Fingrid's ownership structure

The State Pension Fund and Elo Mutual Pension Insurance Company have decided, through an arrangement completed on 25 September 2015, to invest nearly all of their Fingrid B shares in the limited partnership company Aino Kommandiittiyhtiö. Following this arrangement, Aino Ky is made up of Pohjola Insurance Ltd, OP Life Assurance Ltd, OP Pension Fund, OP Pension Foundation, the State Pension Fund and Elo Mutual Pension Insurance Company.

As a result of the transaction, Aino Ky’s ownership in Fingrid increases to 26.4 per cent, and both the State Pension Fund’s and Elo Mutual Pension Insurance Company’s direct ownership in Fingrid Oyj decreases to 0.03 per cent.

Following the share transfers, Fingrid’s ownership structure is as follows: 

     Current
     ownership
       Previous
       ownership
The Republic of Finland 28.2% 28.2%
The National Emergency Supply Agency 24.9% 24.9%
The State Pension Fund 0.03% 12.0%
Aino Ky 26.4% 9.9%
Mutual Pension Insurance Company
Ilmarinen​
       19.9%  19.9%
Imatran Seudun Sähkö Oy​ 0.3% 0.3%
Fennia Life Insurance Company​ 0.2% 0.2%
Elo Mutual Pension Insurance Company 0.03% 4.5%
Pohjola Insurance Ltd​ 0.03% 0.03%


 

 


Further information:
Jukka Ruusunen, President & CEO, tel. +358 30 395 5140
or +358 40 593 8428
Jan Montell, Chief Financial Officer, tel. +358 30 395 5213
or +358 40 592 4419