2017-05-03 08:30:01 CEST

2017-05-03 08:30:01 CEST


REGULATED INFORMATION

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Outokumpu Oyj - Major shareholder announcements

Outokumpu – Announcement regarding change in holdings


Outokumpu Oyj
Stock exchange release
May 3, 2017 at 9.30 am EET



Outokumpu Oyj (business identity code: 0215254-2) has on May 2, 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 May 2, 2017.
Taking financial instruments into account, JPMorgan Chase & Co.’s earlier total
holding in Outokumpu was 5.13%. 

Total direct and indirect holdings of JPMorgan Chase & Co. 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  Below         Below minimum        Below        416,374,448
 on the date on       minimum       threshold            minimum                
 which threshold      threshold                          thresho                
 was crossed or                                         ld                      
 reached                                                                        
--------------------------------------------------------------------------------
Position of                 5.01%                0.12%     5.13%                
 previous                                                                       
 notification (if                                                               
 applicable)                                                                    
--------------------------------------------------------------------------------



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  % of shares and voting rights     
                             and voting                                         
                             rights                                             
--------------------------------------------------------------------------------
                        
                             Direct  Indirec   Direct           Indirect        
                             (SMA       t      (SMA        (SMA 9:6 and 9:7)    
                             9:5)     (SMA     9:5)                             
                                     9:6 and                                    
                                      9:7)                                      
--------------------------------------------------------------------------------
FI000902422                          Below             Below minimum threshold  
                                      minimu                                    
                                     m                                          
                                      thresh                                    
                                     old                                        
--------------------------------------------------------------------------------
SUBTOTAL A                   Below minimum         Below minimum threshold      
                               threshold                                        
--------------------------------------------------------------------------------
                                                                                
B: Financial Instruments according to SMA 9:6a                                  
--------------------------------------------------------------------------------
- 
Type of financial       Expirat  Exercis  Physica  Numbe  % of shares and voting
 instrument             ion      e/Conve  l or     r of    rights               
                         date    rsion     cash     shar                        
                                  Period   settle  es                           
                                          ment      and                         
                                                    voti                        
                                                   ng                           
                                                    righ                        
                                                   ts                           
--------------------------------------------------------------------------------
                        
Equity swap             N/A      N/A      Cash     Below  Below minimum         
                                           settle   mini   threshold            
                                          ment     mum                          
                                                    thre                        
                                                   shold                        
--------------------------------------------------------------------------------
                                          SUBTOTA  Below  Below minimum         
                                          L B       mini   threshold            
                                                   mum                          
                                                    thre                        
                                                   shold                        
                                         ---------------------------------------


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:

Investors: 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