Outokumpu – Announcement regarding change in holdings
Outokumpu Corporation
Stock exchange release
August 22, 2024 at 2.00 pm EEST
Outokumpu – Announcement regarding change in holdings
Outokumpu Oyj (business identity code: 0215254-2) has on August 22, 2024 received a notification based on Chapter 9, Section 5 of the Finnish Securities Market Act. Varma Mutual Pension Insurance Company’s total holding in the shares and voting rights of Outokumpu has risen above 5% threshold and was 5.18% on August 21, 2024. Their earlier holding in the Outokumpu shares and voting rights was below minimum threshold.
| Total direct and indirect holdings of Varma Mutual Pension Insurance Company 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 | 5.18% | 5.18% | 456,874,448 | ||
| Position of previous notification (if applicable) | Below minimum threshold | Below minimum threshold | Below 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 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 | 23,688,403 | 5.18% | ||||||||
| SUBTOTAL A | 23,688,403 | 5.18% | ||||||||
| 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 33,188,820 treasury shares.
For more information:
Investors: Ulla Paajanen, SVP, Investor Relations and Strategic Advisory, tel. +358 40 763 8767
Media: Päivi Allenius, SVP – Communications and Brand, tel. +358 40 753 7374, or Outokumpu media desk +358 40 351 9840
Outokumpu Corporation