2016-04-12 15:00:01 CEST

2016-04-12 15:00:01 CEST


SÄÄNNELTY TIETO

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Outokumpu Oyj - Major shareholder announcements

Outokumpu – Announcement regarding change in holdings


OUTOKUMPU OYJ
STOCK EXCHANGE RELEASE
April 12, 2016 at 4.00 pm EET



Outokumpu Oyj (business identity code: 0215254-2) has on April 12, 2016
received a notification based on Chapter 9, Section 5 of the Finnish Securities
Market Act. Invesco Limited’s total holding in the shares and voting rights of
Outokumpu Oyj reaches 5% threshold and was 5.00% (20,819,025 shares and votes)
on April 11, 2016. Invesco Limited’s earlier total holding in Outokumpu was
below 5%. 

Invesco Limited’s indirect holding through controlled undertakings was on April
11, 2016 5.00% of shares and voting rights of Outokumpu Oyj (20,819,025 shares
and votes). The names of the shareholders under controlled undertakings are:
Invesco Asset Management Limited and Invesco Powershares Capital Management
LLC. 

Total direct and indirect holdings of Invesco Limited according to the          
 notification:                                                                  
--------------------------------------------------------------------------------
- 
                      % of shares    % of shares and    Total of  Total number  
                      and voting      voting rights      both in   of shares and
                        rights      through financial    % (A +    voting rights
                     (total of A)   instruments (total     B)      of issuer    
                                          of B)                                 
--------------------------------------------------------------------------------
                     
Resulting situation     5.00%              N/A           5.00%     416,374,448  
 on the date on                                                                 
 which threshold                                                                
 was crossed or                                                                 
 reached                                                                        
--------------------------------------------------------------------------------
Position of          Below         Below minimum        Below                   
 previous             minimum       threshold            minimum                
 notification (if     threshold                          thresho                
 applicable)                                            ld                      
--------------------------------------------------------------------------------



Notified details of the resulting situation on the date on which the threshold  
 was crossed or reached:                                                        
--------------------------------------------------------------------------------
- 
A: Shares and voting rights                                                     
--------------------------------------------------------------------------------
- 
Class/typ  Number of shares and voting rights  % of shares and voting rights    
e of                                                                            
 shares                                                                         
--------------------------------------------------------------------------------
           
              Direct           Indirect           Direct          Indirect      
            (SMA 9:5)     (SMA 9:6 and 9:7)     (SMA 9:5)     (SMA 9:6 and 9:7) 
--------------------------------------------------------------------------------
FI0009024                          20,819,025                              5.00%
22                                                                              
--------------------------------------------------------------------------------
SUBTOTAL               20,819,025                            5.00%              
 A                                                                              
--------------------------------------------------------------------------------
                                                                                

Outokumpu has a total of 416,374,448 shares. Each share carries one vote.
Outokumpu currently holds 698,925 of its own shares. 

For more information:

Investors: Tommi Järvenpää, tel. +358 9 421 3466, mobile +358 40 576 0288

Outokumpu Group


Outokumpuis a global leader in stainless steel. We create advanced materials
that are efficient, long lasting and recyclable – thus building a world that
lasts forever. Stainless steel, invented a century ago, is an ideal material to
create lasting solutions in demanding applications from cutlery to bridges,
energy and medical equipment: it is 100% recyclable, corrosion-resistant,
maintenance-free, durable and hygienic. Outokumpu employs 11,000 professionals
in more than 30 countries, with headquarters in Espoo, Finland and shares
listed in Nasdaq Helsinki. 
www.outokumpu.comoutokumpu.com/stainless-newschoosestainless.outokumpu.com