Outokumpu Oyj
Stock exchange release
March 31, 2017 at 9.45 am EET
Outokumpu Oyj (business identity code: 0215254-2) has on March 30, 2017 received a notification based on Chapter 9, Section 5 of the Finnish Securities Market Act. JPMorgan Chase & Co.’s total holding in the shares and voting rights of Outokumpu Oyj fell below 5% threshold and was less than 5% on March 30, 2017. Taking financial instruments into account, the total shares and voting rights of Outokumpu was 5.11%. JPMorgan Chase & Co.’s earlier total holding in Outokumpu was 5.41%.
Total direct and indirect holdings of JPMorgan Chase & Co.’s according to the notification: |
|
|
% of shares and voting rights (total of A) |
% of shares and voting rights through financial instruments (total of B) |
Total of both in % (A + B) |
Total number of shares and voting rights of issuer |
|
|
Resulting situation on the date on which threshold was crossed or reached |
Below 5% threshold |
0.12% |
5.11% |
416,374,448 |
|
Position of previous notification (if applicable) |
5.41% |
0.00% |
5.41% |
|
|
Notified details of the resulting situation on the date on which the threshold was crossed or reached: |
|
A: Shares and voting rights |
|
Class/type of shares |
Number of shares and voting rights |
% of shares and voting rights |
|
|
|
|
Direct
(SMA 9:5) |
Indirect
(SMA 9:6 and 9:7) |
Direct
(SMA 9:5) |
Indirect
(SMA 9:6 and 9:7) |
|
FI000902422 |
|
Below 5% threshold |
|
Below 5% threshold |
|
SUBTOTAL A |
Below 5% threshold |
Below 5% threshold |
|
|
|
B: Financial Instruments according to SMA 9:6a |
|
Type of financial instrument |
Expiration date |
Exercise/Conversion Period |
Physical or cash settlement |
Number of shares and voting rights |
% of shares and voting rights |
|
|
Equity swap |
N/A |
N/A |
Cash settlement |
482,742 |
0.12% |
|
|
|
|
SUBTOTAL B |
482,742 |
0.12% |
|
|
|
|
|
|
|
|
|
|
|
|
Outokumpu has a total of 416,374,448 shares. Each share carries one vote. Outokumpu currently holds 4,209,560 of its own shares.
For more information:
Tommi Järvenpää, tel. +358 9 421 3466, mobile +358 40 576 0288
Outokumpu Group
Outokumpu is 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 some 10,000 professionals in more than 30 countries, with headquarters in Helsinki, Finland and shares listed in Nasdaq Helsinki.
www.outokumpu.com outokumpu.com/stainless-news choosestainless.outokumpu.com