Outokumpu – Announcement regarding change in holdings
OUTOKUMPU OYJ
STOCK EXCHANGE RELEASE
April 12, 2016 at 4.00 pm EET
Outokumpu Oyj (business identity code: 0215254-2) has on April 12, 2016 received a notification based on Chapter 9, Section 5 of the Finnish Securities Market Act. Invesco Limited’s total holding in the shares and voting rights of Outokumpu Oyj reaches 5% threshold and was 5.00% (20,819,025 shares and votes) on April 11, 2016. Invesco Limited’s earlier total holding in Outokumpu was below 5%.
Invesco Limited’s indirect holding through controlled undertakings was on April 11, 2016 5.00% of shares and voting rights of Outokumpu Oyj (20,819,025 shares and votes). The names of the shareholders under controlled undertakings are: Invesco Asset Management Limited and Invesco Powershares Capital Management LLC.
Total direct and indirect holdings of Invesco Limited 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 | 5.00% | N/A | 5.00% | 416,374,448 | |
Position of previous notification (if applicable) | Below minimum threshold | Below minimum threshold | Below minimum threshold |
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 | 20,819,025 | 5.00% | ||||
SUBTOTAL A | 20,819,025 | 5.00% | ||||
Outokumpu has a total of 416,374,448 shares. Each share carries one vote. Outokumpu currently holds 698,925 of its own shares.
For more information:
Investors: 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 11,000 professionals in more than 30 countries, with headquarters in Espoo, Finland and shares listed in Nasdaq Helsinki.
www.outokumpu.com outokumpu.com/stainless-news choosestainless.outokumpu.com