Outokumpu Oyj - Major shareholder announcements

Outokumpu – Announcement regarding change in holdings

OUTOKUMPU OYJ
STOCK EXCHANGE RELEASE
April 14, 2016 at 2.00 pm EET


Outokumpu Oyj (business identity code: 0215254-2) has on April 14, 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 fell below 5% threshold and was less than 5% (20,723,625 shares
and votes) on April 13, 2016. Invesco Limited’s earlier total holding in
Outokumpu was 5.00%. 

Invesco Limited’s indirect holding through controlled undertakings was on April
13, 2016 below minimum threshold 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  Below 5%      N/A                  Below 5%     416,374,448
 on the date on       threshold                          thresho                
 which threshold                                        ld                      
 was crossed or                                                                 
 reached                                                                        
--------------------------------------------------------------------------------
Position of          5.00%         N/A                  5.00%                   
 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/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                          20,723,625               Below 5% threshold  
22                                                                              
--------------------------------------------------------------------------------
SUBTOTAL               20,723,625                     Below 5% threshold        
 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

Attachments:

Invesco_Limited_flagging_14042016_ENG.pdf