Shareholders
Get to know L&T's shareholders and ownership distribution.
Major shareholders
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Shareholder structure
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Distribution of share capital
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Shareholding of Board of Directors
| Board Member | Shareholding 31 December 2021 | Shareholding 31 December 2022 | Shareholding 31 December 2023 | Shareholding 31 December 2024 |
|---|---|---|---|---|
| Jukka Leinonen | 8,994 | 37,351 | 39,665 | 42,861 |
| Sakari Lassila | 19,860 | 21,427 | 22,969 | 25,115 |
| Teemu Kangas-Kärki | 4,768 | 5,943 | 7,100 | 8,698 |
| Laura Lares | 6,091 | 7,266 | 8,423 | 10,021 |
| Juuso Maijala | - | - | - | 60 961 |
| Anni Ronkainen | - | - | 1.157 | 2.755 |
| Pasi Tolppanen | 2 150 | 3 325 | 4 482 | 6,080 |
| Total | 45,982 | 80,606 | 83,796 | 156,491 |
Shareholding of Group Executive Board
| Group Executive Board Member | Shareholding 31 December 2021 | Shareholding 31 December 2022 | Shareholding 31 December 2023 | Shareholding 31 December 2024 |
|---|---|---|---|---|
| Eero Hautaniemi | 35,853 | 46,827 | 46,827 | 54,881 |
| Jorma Mikkonen | 5,849 | 7,107 | 7,107 | 8,236 |
| Antti Niitynpää | 0 | 1,107 | 1,107 | 3,057 |
| Hilppa Rautpalo | 500 | 1,758 | 1,758 | 4,287 |
| Juha Saarinen | - | - | - | - |
| Edward Skärström | - | - | - | 1,129 |
| Joni Sorsanen | - | - | - | 10,000 |
| Antti Tervo | 8,200 | 10,856 | 10,856 | 12,806 |
| Total | 72,082 | 95,064 | 95,064 | 94,396 |

Transactions of Managers
As of 3 July 2016, Lassila & Tikanoja Plc managers and their close associates as referred to in the Market Abuse Regulation ((EU) No 596/2014, “MAR”) must report any business transactions in accordance with the guidelines presented below. The reporting obligation applies to any transactions involving financial instruments issued by L&T (or related to L&T).
In accordance with MAR, notifications must be made immediately, and no later than three (3) working days from the transaction date. However, we kindly ask you to make the notifications to L&T and the Finnish Financial Supervisory Authority no later than two (2) working days from the transaction date.