Outokumpu – Announcement regarding change in holdings

Outokumpu Oyj
Stock exchange release        
May 12, 2021 at 2.00 pm EEST

Outokumpu – Announcement regarding change in holdings

Outokumpu Oyj (business identity code: 0215254-2) has on May 12, 2021 received a notification based on Chapter 9, Section 5 of the Finnish Securities Market Act. Solidium Oy’s total holding in the shares and voting rights of Outokumpu has fallen below 20% threshold and was 18.93% on May 12, 2021. Their position of previous notification in the Outokumpu shares and voting rights was 24.32%. Solidium Oy’s ownership in Outokumpu Oyj has been diluted on May 12, 2021 as the new shares issued in Outokumpu Oyj’s directed share issue announced on May 10, 2021 have been registered in the Finnish trade register.

Total direct and indirect holdings of Solidium Oy 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 18.93% N/A 18.93% 456,874,448
Position of previous notification (if applicable) 24.32% N/A 24.32%  
 

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  86,472,208 N/A  18.93% N/A
SUBTOTAL A 86,472,208  18.93%
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
N/A  N/A  N/A N/A N/A N/A
SUBTOTAL B N/A N/A

Outokumpu has a total of 456,874,448 shares. Each share carries one vote. Outokumpu currently holds 4,313,421 treasury shares.

For more information:

Outokumpu media desk, tel. +358 9 421 3840

Investors: Linda Häkkilä, Head of Investor Relations, tel. +358 400 719 669

Outokumpu Oyj