Capital Group Companies Inc's ownership above 5% in Fortum
FORTUM CORPORATION STOCK EXHANGE RELEASE 7 April 2014 at 9.30 EEST
Fortum Corporation has on 5 April 2014 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 above the threshold of 5 per cent on 3 April 2014.
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 increased from 43,899,014 to 44,588,777 shares, corresponding to 5.02 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.
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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 2013, Fortum’s sales totalled EUR 6.1 billion and comparable operating profit
was EUR 1.6 billion. We employ approximately 9,500 people. Fortum’s shares are traded on the NASDAQ OMX Helsinki. www.fortum.com