Outokumpu – Announcement regarding change in holdings
Outokumpu Oyj
Stock exchange release
May 12, 2021 at 2.00 pm EEST
Outokumpu – Announcement regarding change in holdings
Outokumpu Oyj (business identity code: 0215254-2) has on May 12, 2021 received a notification based on Chapter 9, Section 5 of the Finnish Securities Market Act. Solidium Oy’s total holding in the shares and voting rights of Outokumpu has fallen below 20% threshold and was 18.93% on May 12, 2021. Their position of previous notification in the Outokumpu shares and voting rights was 24.32%. Solidium Oy’s ownership in Outokumpu Oyj has been diluted on May 12, 2021 as the new shares issued in Outokumpu Oyj’s directed share issue announced on May 10, 2021 have been registered in the Finnish trade register.
| Total direct and indirect holdings of Solidium Oy 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 | 18.93% | N/A | 18.93% | 456,874,448 | |
| Position of previous notification (if applicable) | 24.32% | N/A | 24.32% | ||
|
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) |
|||||||
| FI0009002422 | 86,472,208 | N/A | 18.93% | N/A | ||||||
| SUBTOTAL A | 86,472,208 | 18.93% | ||||||||
| 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 | |||||
| N/A | N/A | N/A | N/A | N/A | N/A | |||||
| SUBTOTAL B | N/A | N/A | ||||||||
Outokumpu has a total of 456,874,448 shares. Each share carries one vote. Outokumpu currently holds 4,313,421 treasury shares.
For more information:
Outokumpu media desk, tel. +358 9 421 3840
Investors: Linda Häkkilä, Head of Investor Relations, tel. +358 400 719 669
Outokumpu Oyj
Outokumpu is the global leader in stainless steel. The foundation of our business is our ability to tailor stainless steel into any form and for almost any purpose. Stainless steel is sustainable, durable and designed to last forever. Our customers use it to create civilization’s basic structures and its most famous landmarks as well as products for households and various industries. 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