Capital Group Companies Inc's ownership below 5% in Fortum
FORTUM CORPORATION STOCK EXCHANGE RELEASE 25 MARCH 2015 at 12.30 EET
Fortum Corporation has on 25 March 2015 received an announcement under Chapter 2 Section 9 of the Securities Markets Act, according to which Capital Group Companies Inc's ("CGC") holding in Fortum is below the threshold of 5 per cent on 18 March 2015.
Neither CGC nor any of its affiliates own share of Fortum Corporation for its own accounts. Rather, the shares reported are owned by funds and accounts under the discretionary investment management of one or more of the investment management companies of Capital Group Companies Inc.
According to the notification, CGC’s holding in Fortum has decreased from 45,041,768 to 44,341,443 shares, corresponding to 4.99 per cent of Fortum's shares and voting rights. Fortum’s registered total number of shares and voting rights amounting to 888,367,045 has been used in the calculation of percentages for the announcement.
Senior Vice President, Corporate Communications
Fortum’s purpose is to create energy that improves life for present and future generations. Catering to the versatile needs of our customers, we generate, distribute and sell electricity and heat, and offer related expert services. Our operations focus on the Nordic and Baltic countries, Russia and Poland. In 2014, Fortum’s sales totalled EUR 4.75 billion and comparable operating profit was EUR 1.35 billion. We employ approximately 8,800 people. Fortum’s shares are traded on the Nasdaq Helsinki. www.fortum.com