Notification in accordance with the Finnish Securities Market Act Chapter 9 § 5: BlackRock, Inc.’s holding in Wärtsilä

Wärtsilä Corporation Stock exchange release 2 March 2018 at 3.00 pm EET

Notification in accordance with the Finnish Securities Market Act Chapter 9 § 5: BlackRock, Inc.’s holding in Wärtsilä

BlackRock, Inc. has informed Wärtsilä Corporation that its aggregate holding in Wärtsilä crossed below the 10% disclosure limit on 1 March 2018. BlackRock, Inc.’s total holding in Wärtsilä Corporation’s shares and voting rights corresponds to 9.98%.

Total position of BlackRock, Inc. and its funds subject to the notification:

% of shares and voting rights % of shares and voting rights through financial instruments % of total Total number of shares and voting rights of issuer
Resulting situation on the date on which the threshold was crossed or reached 7.13% 2.85% 9.98% 197,241,130     
Position of previous notification (if applicable) 8.72% 1.31% 10.04%

Notified details of the resulting situation on the date on which the threshold was crossed:

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)
FI0009003727   14,063,297   7.13%
SUBTOTAL A                                             14,063,297                             7.13%

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   5,595,150      2.83%   
CFD N/A N/A Cash   42,649      0.02%   
SUBTOTAL B   5,637,799      2.85%   

Wärtsilä in brief
Wärtsilä is a global leader in smart technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation, total efficiency and data analytics, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2017, Wärtsilä’s net sales totalled EUR 4.9 billion with approximately 18,000 employees. The company has operations in over 200 locations in more than 80 countries around the world. Wärtsilä is listed on Nasdaq Helsinki.
www.wartsila.com

About Us

Wärtsilä is a global leader in smart technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation, total efficiency, and data analytics, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2017, Wärtsilä's net sales totalled EUR 4.9 billion with approximately 18,000 employees. The company has operations in over 200 locations in more than 80 countries around the world. Wärtsilä is listed on Nasdaq Helsinki.

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