Outokumpu – Announcement regarding change in holdings
Outokumpu Oyj
Stock exchange release
September 25, 2023 at 13.00 pm EEST
Outokumpu – Announcement regarding change in holdings
Outokumpu Oyj (business identity code: 0215254-2) has on September 22, 2023, 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 September 21, 2023. Their earlier holding in the Outokumpu shares and voting rights was 5.29%.
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Total direct and indirect holdings of JPMorgan Chase & Co according to the notification: |
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% 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 |
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Resulting situation on the date on which threshold was crossed or reached |
Below minimum threshold | Below minimum threshold | Below minimum threshold |
456,874,448 |
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Position of previous notification (if applicable) |
1.56% |
3.73% |
5.29% |
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Notified details of the resulting situation on the date on which the threshold was crossed or reached: |
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A: Shares and voting rights |
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Class/type of shares |
Number of shares and voting rights |
% of shares and voting rights |
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Direct |
Indirect |
Direct |
Indirect |
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FI0009002422 |
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Below minimum threshold |
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Below minimum threshold |
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SUBTOTAL A |
Below minimum threshold | Below minimum threshold | |||||||
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B: Financial Instruments according to SMA 9:6a |
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Type of financial instrument |
Expiration date |
Exercise/Conversion Period |
Physical or cash settlement |
Number of shares and voting rights |
% of shares and voting rights |
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Cash-settled Equity Swap |
28/11/2023 |
28/11/2023 |
Cash |
Below minimum threshold |
Below minimum threshold |
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Cash-settled Equity Swap |
04/01/2024 |
04/01/2024 |
Cash |
Below minimum threshold |
Below minimum threshold |
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Cash-settled Equity Swap |
23/07/2024 |
23/07/2024 |
Cash |
Below minimum threshold |
Below minimum threshold |
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Cash-settled Equity Swap |
14/08/2024 |
14/08/2024 |
Cash |
Below minimum threshold |
Below minimum threshold |
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Cash-settled Equity Swap |
19/09/2024 |
19/09/2024 |
Cash |
Below minimum threshold |
Below minimum threshold |
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Cash-settled Equity Swap |
02/10/2024 |
02/10/2024 |
Cash |
Below minimum threshold |
Below minimum threshold |
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Cash-settled Equity Swap |
04/11/2024 |
04/11/2024 |
Cash |
Below minimum threshold |
Below minimum threshold |
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Cash-settled Equity Swap |
19/11/2024 |
19/11/2024 |
Cash |
Below minimum threshold |
Below minimum threshold |
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Cash-settled Equity Swap |
17/11/2025 |
17/11/2025 |
Cash |
Below minimum threshold |
Below minimum threshold |
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Cash-settled Equity Swap |
16/10/2026 |
16/10/2026 |
Cash |
Below minimum threshold |
Below minimum threshold |
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Cash-settled Equity Swap |
30/05/2028 |
30/05/2028 |
Cash |
Below minimum threshold |
Below minimum threshold |
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Cash-settled Equity Swap |
22/9/2028 |
22/9/2028 |
Cash |
Below minimum threshold |
Below minimum threshold |
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Cash-settled Equity Swap |
n/a |
n/a |
Cash |
Below minimum threshold |
Below minimum threshold |
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Convertible Bond |
09/07/2025 |
09/07/2025 |
Physical |
Below minimum threshold |
Below minimum threshold |
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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 23,041,290 treasury shares.
For more information:
Investors: Linda Häkkilä, Head of Investor Relations, tel. +358 40 071 9669
Media: Outokumpu media desk, tel. +358 9 421 3840