Seized: 53 shares in JFT Parts Rotors Oy, Oulu

Sale in a nationwide online auction on the website www.huutokaupat.com in accordance with Chapter 5, Section 76 of the Enforcement Code, during the period 4 May 2026 - 22 May 2026.

Details of the asset for sale

53 shares in JFT Parts Rotors Oy (business ID 2264164-2). There are no paper share certificates or interim certificates and the shares are not numbered.

Under section 3 of the company’s current articles, the company’s field of activity is the sale of technical products, and it may also operate as an investment, development and finance company and provide office and administrative services, leasing, brokerage and trade as well as training and consultancy in management, investment activities, administration and marketing. The company’s activities also include ownership, management, purchase, sale and rental of domestic and foreign real estate, housing, holiday and timeshare units, shares and rights, and construction, project management, renovation, earthworks and excavation activities including heating, water, ventilation and electrical renovation works.

The company may engage in securities trading; real estate brokerage; engineering and property management services; property and cleaning services; traditional and electronic publishing and printing; advertising and media brokerage; tele- and network marketing; computer and data-processing services related to automated data processing as well as programming and IT design services; accommodation and catering; transport and charter services; temporary employment services; production, brokerage and trade in art, investment and collector’s items and related training and consultancy. In addition the company may trade in construction materials, prefabricated building components, construction machinery, electrical supplies, computers, IT equipment and accessories and software, office machines and supplies, vehicles, machines, equipment, metals and metal products, consumer and entertainment electronics, optical and photographic products, timber and forest industry products, furniture and interior products, lighting, textiles, clothing, footwear, leather, rubber, plastic and glass products, chemicals, alcoholic beverages and wines, foodstuffs and natural products; and related import, export, agency and trading activities, wholesale and retail trade, repair and maintenance as well as related training and consultancy.

According to information given to the enforcement officer, the company’s actual business is the manufacture of spare parts for eccentric screw pumps.

Material information affecting the sale value

The total number of shares in the company is 240. The company itself holds 70 shares. The total number of shares outstanding is 170.

The most important facts affecting the sale value are shown in the sales brochure and its attachments (financial statements, extract from the trade register and articles of association). The company’s liabilities and debts are shown on the balance sheet. At the time of preparing the sales brochure the company has no debts in enforcement proceedings. The sale covers shares that give the owner the right to participate in decision‑making at the general meeting and to receive dividends.

Buyers are urged to familiarise themselves carefully with the lot, the sales brochure and the documents attached to the sales brochure before making an offer.

Other information

In an enforcement sale the shares transfer to the buyer by a decision of the enforcement officer, which evidences that ownership belongs to the buyer of the enforcement sale. The buyer may, by the sales decision, assert ownership of the shares and notify the company of the acquisition in the manner prescribed in Chapter 3, Section 16 of the Companies Act (624/2006). According to Chapter 3, Section 16 of the Companies Act, if the company’s shares are not in the book‑entry system, the company must without delay enter into the shareholders’ register the acquisition notified to the company by the transferee and any other change notified to the company that concerns the shareholders’ register. Before entry in the shareholders’ register, the transferee and payment of transfer tax must present reliable evidence to the company.

Shares are sold subject to a redemption clause.

Under section 8 of the company’s current articles, a shareholder and the company have the right to redeem a share transferred from another owner than the company. The primary right of redemption belongs to the shareholders. If several shareholders wish to exercise their redemption right, the shares are divided among those who wish to redeem in proportion to their existing holdings. If the shares cannot be divided evenly, the remaining shares are allocated by lot among those wishing to redeem. The company has the right to redeem if none of the shareholders redeem the shares transferred. Otherwise, redemption is subject to the provisions of the Companies Act.

The asset is seized and sold by a free sale conducted by the enforcement officer, observing as applicable the general auction terms laid down in the Enforcement Code. The sales brochure is indicative and is not a comprehensive description of the lot.