Stora Enso: Announcement with a reference to Chapter 9, paragraph 10 of the Finnish Securities Markets Act
STORA ENSO OYJ MAJOR SHAREHOLDER ANNOUNCEMENT 29 June 2016 at 14.15 EET
Stora Enso Oyj received on 28 June 2016 a notification under the Chapter 9, Section 10 of the Securities Markets Act, according to which the holdings of BlackRock Inc.'s in Stora Enso’s shares including holding through financial instruments fell below the threshold of 5% on 27 June 2016.
Total positions of BlackRock, Inc. and its funds 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 | Below 5% shares Below 5% voting rights |
Below 5% shares Below 5% voting rights | Below 5% shares Below 5% voting rights | 788 619 987 shares 237 718 379 voting rights |
| Position of previous notification (if applicable) | 4.14% shares Below 5% voting rights |
0.89% shares Below 5% voting rights |
5.03% shares Below 5% voting rights |
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 | Number of shares and voting rights | % of shares and voting rights | % of shares and voting rights |
| ISIN code (if possible) | Direct (SMA 9:5) | Indirect (SMA 9:6 and 9:7) | Direct (SMA 9:5) | Indirect (SMA 9:6 and 9:7 |
| FI0009005961 | Below 5% shares Below 5% voting rights | Below 5% shares Below 5% voting rights |
||
| SUBTOTAL A | Below 5% shares Below 5% voting rights | Below 5% shares Below 5% voting rights |
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 |
| Securities Lent | N/A | N/A | Physical | Below 5% shares Below 5% voting rights |
Below 5% shares Below 5% voting rights |
| CFD | N/A | N/A | Cash | Below 5% shares Below 5% voting rights |
Below 5% shares Below 5% voting rights |
| SUBTOTAL B | Below 5% shares Below 5% voting rights |
Below 5% shares Below 5% voting rights |
Full chain of controlled undertakings through which the voting rights and financial instruments are effectively held starting with the ultimate controlling natural person or legal entity is presented in the enclosed Annex.
For further information, please contact:
Ulla Paajanen-Sainio, SVP, Investor Relations, tel. +358 2046 21242
Stora Enso is a leading provider of renewable solutions in packaging, biomaterials, wooden constructions and paper on global markets. Our aim is to replace fossil based materials by innovating and developing new products and services based on wood and other renewable materials. We employ some 26 000 people in more than 35 countries, and our sales in 2015 were EUR 10.0 billion. Stora Enso shares are listed on Nasdaq Helsinki (STEAV, STERV) and Nasdaq Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY) on the International OTCQX over-the-counter market. storaenso.com
STORA ENSO OYJ
For further information, please contact:
Ulla Paajanen-Sainio
SVP, Investor Relations
tel. +358 2046 21242