Outokumpu - Announcement regarding change in holdings


Outokumpu Oyj
Stock exchange release
March 15, 2018 at 9.30 am EET

Outokumpu – Announcement regarding change in holdings

Outokumpu Oyj (business identity code: 0215254-2) has on March 14, 2018 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 risen above 5% threshold and was 5.16% on March 13, 2018. Their earlier total holding in the Outokumpu shares and voting rights was below 5%.

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 reached5.16 %0.00 %5.16 %416,374,448 
Position of previous notification (if applicable)Below minimum thresholdBelow minimum thresholdBelow minimum threshold  


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 sharesNumber 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 21,493,207 5.16% 
SUBTOTAL A21,493,2075.16% 
  
B: Financial Instruments according to SMA 9:6a 
Type of financial instrumentExpiration dateExercise/Conversion PeriodPhysical or cash settlementNumber of shares and voting rights % of shares and voting rights 
 
Contract for difference N/A N/ACash settlementN/AN/A 
   SUBTOTAL BN/AN/A 
           

Outokumpu has a total of 416,374,448 shares. Each share carries one vote. Outokumpu currently holds 3,276,864 treasury shares.

For more information:

Investors: Tommi Järvenpää, tel. +358 9 421 3466, +358 40 576 0288

Outokumpu Group


Outokumpu is the global leader in stainless steel. We aim to be the best value creator in stainless by 2020, through our competitive edge of customer orientation and efficiency. The foundation of our business is our ability to tailor stainless steel into any form and for almost any purpose. Stainless steel is sustainable, durable and designed to last forever. Our customers use it to create civilization’s basic structures and its most famous landmarks as well as products for households and various industries. Outokumpu employs 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