Outokumpu – Announcement regarding change in holdings
Outokumpu Oyj
Stock exchange release
February 19, 2020 at 5.00 pm EET
Outokumpu – Announcement regarding change in holdings
Outokumpu Oyj (business identity code: 0215254-2) has on February 19, 2020 received a notification based on Chapter 9, Section 5 of the Finnish Securities Market Act. Société Générale SA’s total holding in the shares and voting rights of Outokumpu has risen above 5% threshold and was 5.39% on February 17, 2020. Their earlier holding in the Outokumpu shares and voting rights was below minimum threshold.
| Total direct and indirect holdings of Société Générale SA 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 | 0.88% | 4.51% | 5.39% | 416,374,448 | |
| 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 | 3,668,873 | 0 | 0.88% | 0% | ||||||
| SUBTOTAL A | 3,668,873 | 0.88% | ||||||||
| 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 | |||||
| OTC Call Option on Basket | 03/01/2033 | Until 03/01/2033 | Cash | 8,617,583 | 2.07% | |||||
| Contract For Difference | N/A | N/A | Cash | 336,726 | 0.08% | |||||
| OTC Put Option | 03/01/2025 | Until 03/01/2025 | Cash | 600,000 | 0.14% | |||||
| Listed Call Warrant | 03/01/2033 | Until 03/01/2033 | Cash | 8,608,707 | 2.07% | |||||
| Listed Put Warrant | 03/01/2025 | Until 03/01/2025 | Cash | 200,000 | 0.05% | |||||
| Listed Put Warrant | 03/01/2025 | Until 03/01/2025 | Cash | 200,000 | 0.05% | |||||
| Listed Put Warrant | 03/01/2025 | Until 03/01/2025 | Cash | 200,000 | 0.05% | |||||
| Listed Put Warrant | 03/01/2033 | Until 03/01/2033 | Cash | 12,801 | 0.00% | |||||
| SUBTOTAL B | 18,775,817 | 4.51% | ||||||||
Outokumpu has a total of 416,374,448 shares. Each share carries one vote. Outokumpu currently holds 4,599,733 treasury shares.
For more information:
Reeta Kaukiainen, EVP – Communications and IR, tel. +358 50 522 0924
Outokumpu Oyj