Outokumpu – Announcement regarding change in holdings
Outokumpu Oyj
Stock exchange release
February 19, 2024 at 11.00 am EET
Outokumpu – Announcement regarding change in holdings
Outokumpu Oyj (business identity code: 0215254-2) has on February 16, 2024, 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 has fallen below 5% threshold and was below minimum threshold on February 15, 2024. Their earlier holding in the Outokumpu shares and voting rights was 5.04%.
| Total direct and indirect holdings of JPMorgan Chase & Co 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 minimum threshold | Below minimum threshold | Below minimum threshold | 456,874,448 | |
| Position of previous notification (if applicable) | 1.04% | 4.00% | 5.04% | ||
| 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) |
|||||||
| FI0009002422 | Below minimum threshold | Below minimum threshold | ||||||||
| SUBTOTAL A | Below minimum threshold | Below minimum 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 | |||||
| Cash-settled Equity Swap | 19/09/2024 | 19/09/2024 | Cash | Below minimum threshold | Below minimum threshold | |||||
| Cash-settled Equity Swap | 28/11/2024 | 28/11/2024 | Cash | Below minimum threshold | Below minimum threshold | |||||
| Cash-settled Equity Swap | 02/01/2025 | 02/01/2025 | Cash | Below minimum threshold | Below minimum threshold | |||||
| Cash-settled Equity Swap | 06/01/2025 | 06/01/2025 | Cash | Below minimum threshold | Below minimum threshold | |||||
| Cash-settled Equity Swap | 22/01/2025 | 22/01/2025 | Cash | Below minimum threshold | Below minimum threshold | |||||
| Cash-settled Equity Swap | 05/03/2025 | 05/03/2025 | Cash | Below minimum threshold | Below minimum threshold | |||||
| Cash-settled Equity Swap | 22/05/2025 | 22/05/2025 | Cash | Below minimum threshold | Below minimum threshold | |||||
| Cash-settled Equity Swap | 15/08/2025 | 15/08/2025 | Cash | Below minimum threshold | Below minimum threshold | |||||
| Cash-settled Equity Swap | 17/11/2025 | 17/11/2025 | Cash | Below minimum threshold | Below minimum threshold | |||||
| Cash-settled Equity Swap | 28/04/2026 | 28/04/2026 | Cash | Below minimum threshold | Below minimum threshold | |||||
| Cash-settled Equity Swap | 30/05/2028 | 30/05/2028 | Cash | Below minimum threshold | Below minimum threshold | |||||
| Cash-settled Equity Swap | 22/9/2028 | 22/9/2028 | Cash | Below minimum threshold | Below minimum threshold | |||||
| Cash-settled Equity Swap | n/a | n/a | Cash | Below minimum threshold | Below minimum threshold | |||||
| Convertible Bond | 09/07/2025 | 09/07/2025 | Physical | Below minimum threshold | Below minimum threshold | |||||
| B TOTAL | Below minimum threshold | Below minimum threshold | ||||||||
Outokumpu has a total of 456,874,448 shares. Each share carries one vote. Outokumpu currently holds 32,043,249 treasury shares.
For more information:
Investors: Linda Häkkilä, Head of Investor Relations, tel. +358 40 071 9669
Media: Outokumpu media desk, tel. +358 40 351 9840