|
|||
![]() |
|||
2016-05-12 16:30:58 CEST 2016-05-12 16:30:58 CEST REGULATED INFORMATION UPM-Kymmene - Major shareholder announcementsBlackRock's shareholding in UPM has gone below the threshold of 5 per centUPM-Kymmene Corporation Stock Exchange Release 12 May 2016 at 17:30 EET BlackRock's shareholding in UPM has gone below the threshold of 5 per cent UPM-Kymmene Corporation has on 12 May 2016 received a notification under Chapter 9, Section 5 of the Securities Markets Act, according to which BlackRock, Inc.'s holding of UPM shares and voting rights has gone below the threshold of 5 per cent on 11 May 2016. According to the notification, BlackRock, Inc.'s indirect shareholding in UPM has decreased to 26,407,100 shares, corresponding to 4.94 per cent of UPM shares and voting rights. The total number of UPM shares and voting rights owned directly or through financial instruments by BlackRock, Inc. and its funds was 5.54 per cent on 11 May 2016. UPM's registered total number of shares and voting rights amounting to 533,735,699 has been used in the calculation of percentages for the announcement. Total positions of BlackRock, Inc. and its funds subject to the notification obligation: +-----------------------+----------------+---------------------+---------------+ | |% of shares and |% of shares and |Total of both | | |voting rights |voting rights through|in % | | |(total of A) |financial instruments|(A + B) | | | |(total of B) | | +-----------------------+----------------+---------------------+---------------+ |Resulting situation on |4.94% |0.59% |5.54% | |the date on which | | | | |threshold was crossed | | | | |or reached | | | | +-----------------------+----------------+---------------------+---------------+ |Position of previous |5.09% |0.41% |5.50% | |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 |Number of |Number of shares|% of shares |% of shares | |shares |shares and |and voting |and voting |and voting | | |voting rights|rights |rights |rights | +-------------------+-------------+----------------+------------+--------------+ |ISIN code (if |Direct (SMA |Indirect (SMA |Direct (SMA |Indirect (SMA | |possible) |9:5) |9:6 and 9:7) |9:5) |9:6 and 9:7) | +-------------------+-------------+----------------+------------+--------------+ |FI0009005987 | |26,407,100 | |4.94% | +-------------------+-------------+----------------+------------+--------------+ |SUBTOTAL A | |26,407,100 | |4.94% | +-------------------+-------------+----------------+------------+--------------+ B: Financial Instruments according to SMA 9:6a +------------+------------+---------------------+-----------+----------+-------+ |Type of |Expiration |Exercise/Conversion |Physical or|Number of |% of | |financial |date |period |cash |shares and|shares | |instrument | | |settlement |voting |and | | | | | |rights |voting | | | | | | |rights | +------------+------------+---------------------+-----------+----------+-------+ |Securities |N/A |N/A |Physical |2,028,098 |0.37% | |Lent | | | | | | +------------+------------+---------------------+-----------+----------+-------+ |CFD |N/A |N/A |Cash |1,170,810 |0.21% | +------------+------------+---------------------+-----------+----------+-------+ | | | |SUBTOTAL B |3,198,908 |0.59% | +------------+------------+---------------------+-----------+----------+-------+ Full chain of controlled undertakings through which the voting rights and financial instruments are effectively held starting with the ultimate controlling natural person or legal entity is presented in the enclosed Annex. UPM-Kymmene Corporation Pirkko Harrela Executive Vice President, Stakeholder Relations UPM, Media Relations 9.00-16.00 EET tel. +358 40 588 3284 media@upm.com UPM Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Paper Asia, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,600 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - www.upm.com Follow UPM on Twitter | LinkedIn | Facebook | YouTube | Instagram [HUG#2012321] |
|||
|