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 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 416,374,448  
Position of previous notification (if applicable) 5.01% 0.12% 5.13%    

  

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)
 
FI000902422   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  
 
Equity swap  N/A  N/A Cash settlement Below minimum threshold Below minimum threshold  
      SUBTOTAL B Below minimum threshold Below minimum threshold  


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