Outokumpu – Announcement regarding change in holdings

Outokumpu Oyj
Stock exchange release
March 31, 2017 at 9.45 am EET

 

Outokumpu Oyj (business identity code: 0215254-2) has on March 30, 2017 received a notification based on Chapter 9, Section 5 of the Finnish Securities Market Act. JPMorgan Chase & Co.’s total holding in the shares and voting rights of Outokumpu Oyj fell below 5% threshold and was less than 5% on March 30, 2017. Taking financial instruments into account, the total shares and voting rights of Outokumpu was 5.11%. JPMorgan Chase & Co.’s earlier total holding in Outokumpu was 5.41%.  
 

Total direct and indirect holdings of JPMorgan Chase & Co.’s 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% threshold 0.12% 5.11% 416,374,448  
Position of previous notification (if applicable) 5.41% 0.00% 5.41%    

  

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)
 
FI000902422   Below 5% threshold   Below 5% threshold  
SUBTOTAL A Below 5% threshold Below 5% threshold  
   
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  
 
Equity swap  N/A  N/A Cash settlement 482,742 0.12%  
      SUBTOTAL B 482,742 0.12%  
                       

Outokumpu has a total of 416,374,448 shares. Each share carries one vote. Outokumpu currently holds 4,209,560 of its own shares.

For more information:

Tommi Järvenpää, tel. +358 9 421 3466, mobile +358 40 576 0288

 Outokumpu Group




Outokumpu is a global leader in stainless steel. We create advanced materials that are efficient, long lasting and recyclable – thus building a world that lasts forever. Stainless steel, invented a century ago, is an ideal material to create lasting solutions in demanding applications from cutlery to bridges, energy and medical equipment: it is 100% recyclable, corrosion-resistant, maintenance-free, durable and hygienic. Outokumpu employs some 10,000 professionals in more than 30 countries, with headquarters in Helsinki, Finland and shares listed in Nasdaq Helsinki. 
www.outokumpu.com      outokumpu.com/stainless-news      choosestainless.outokumpu.com