Jolla urgently looking for new ownership

General
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JollaLeader

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Current board members:

  • Samuli Simojoki, Independent member and chairman of the board
  • Alexander Ayvazov (representative of Rostelecom)
  • Alexander Kolesnikov (representative of Rostelecom),
  • Boris Krasnovsky (Russian private investor)
  • Alessandro Mondini Branzi (Independent board member)
  • Gregor Rudolf Zetsche (Representative of Daimler)
  • Sami Pienimäki (Jolla)

Executives:

  • CEO Sami Pienimäki
  • VP Sales Petteri Paasila
  • CTO Marko Saukko
  • CFO Harri Kairento

The company’s largest owner, but not the majority owner, is indirectly Rostelecom. Rostelecom is a Russian listed company in which the Russian State owns about 45%. Jolla has for some time been looking a shareholding structure that would provide a balanced ownership structure and significantly reduce Russian ownership. In the current situation, Jolla is looking for a shareholding structure entirely without Russian ownership.

This is the latest official statement from Jolla in this forum regarding russian shares. My interpretation is that russian state owns 45% of Rostelecom, not Rostelecom 45% of Jolla.
Explicit numbers about Rostelecom’s share of Jolla are not given.

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