Outokumpu – Announcement regarding change in holdings
OUTOKUMPU OYJ
STOCK EXCHANGE RELEASE
January 12, 2016 at 9.45 am EET
Outokumpu Oyj (business identity code: 0215254-2) has on January 11, 2016 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 exceeds 5% threshold and increases to 5.41% (22,537,483 shares and votes) on January 8, 2016. JPMorgan Chase & Co.’s earlier total holding in Outokumpu was below 5%.
JPMorgan Chase & Co.’s indirect holding through controlled undertakings was on January 8, 2016 5.41% of shares and voting rights of Outokumpu Oyj (22,537,483 shares and votes). The names of the shareholders under controlled undertakings are: JPMorgan Chase & Co, JPMorgan Asset Management Holdings Inc., J.P. Morgan Investment Management Inc., JPMorgan Asset Management International Limited, JPMorgan Asset Management Holdings (UK) Limited, JPMorgan Asset Management (UK) Limited, JPMorgan Asset Management (Asia) Inc., JPMorgan Asset Management (Taiwan) Limited and JPMorgan Chase Bank, National Association.
| 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 | 5.41 % | 0.00 % | 5.41 % | 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 | 22,537,483 | 5.41 % | ||||||||
| SUBTOTAL A | 22,537,483 | 5.41 % | ||||||||
| 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 | |||||
| Contract for difference | N/A | N/A | Cash settlement | 5,590 | 0.00 % | |||||
| SUBTOTAL B | 5,590 | 0.00 % | ||||||||
Outokumpu has a total of 416,374,448 shares. Each share carries one vote. Outokumpu currently holds 885,140 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 more than 12 000 professionals in more than 30 countries, with headquarters in Espoo, Finland and shares listed in Nasdaq Helsinki. www.outokumpu.com