Outokumpu – Announcement regarding change in holdings
Outokumpu Oyj
Stock exchange release
September 29, 2023 at 10.30 am EEST
Outokumpu – Announcement regarding change in holdings
Outokumpu Oyj (business identity code: 0215254-2) has on September 28, 2023, 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 has risen above 5% threshold and was 5.78% on September 27, 2023. Their earlier holding in the Outokumpu shares and voting rights was below minimum threshold.
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Total direct and indirect holdings of JPMorgan Chase & Co according to the notification: |
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% 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 |
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Resulting situation on the date on which threshold was crossed or reached |
2.17% |
3.61% |
5.78% |
456,874,448 |
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Position of previous notification (if applicable) |
Below minimum threshold |
Below minimum threshold |
Below minimum threshold |
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Notified details of the resulting situation on the date on which the threshold was crossed or reached: |
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A: Shares and voting rights |
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Class/type of shares |
Number of shares and voting rights |
% of shares and voting rights |
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Direct |
Indirect |
Direct |
Indirect |
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FI0009002422 |
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Below minimum threshold |
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Below minimum threshold |
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SUBTOTAL A |
Below minimum threshold |
Below minimum threshold |
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B: Financial Instruments according to SMA 9:6a |
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Type of financial instrument |
Expiration date |
Exercise/Conversion Period |
Physical or cash settlement |
Number of shares and voting rights |
% of shares and voting rights |
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Cash-settled Equity Swap |
28/11/2023 |
28/11/2023 |
Cash |
Below minimum threshold |
Below minimum threshold |
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Cash-settled Equity Swap |
04/01/2024 |
04/01/2024 |
Cash |
Below minimum threshold |
Below minimum threshold |
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Cash-settled Equity Swap |
23/07/2024 |
23/07/2024 |
Cash |
Below minimum threshold |
Below minimum threshold |
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Cash-settled Equity Swap |
19/09/2024 |
19/09/2024 |
Cash |
Below minimum threshold |
Below minimum threshold |
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Cash-settled Equity Swap |
02/10/2024 |
02/10/2024 |
Cash |
Below minimum threshold |
Below minimum threshold |
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Cash-settled Equity Swap |
19/11/2024 |
19/11/2024 |
Cash |
Below minimum threshold |
Below minimum threshold |
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Cash-settled Equity Swap |
17/11/2025 |
17/11/2025 |
Cash |
Below minimum threshold |
Below minimum threshold |
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Cash-settled Equity Swap |
16/10/2026 |
16/10/2026 |
Cash |
Below minimum threshold |
Below minimum threshold |
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Cash-settled Equity Swap |
30/05/2028 |
30/05/2028 |
Cash |
Below minimum threshold |
Below minimum threshold |
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Cash-settled Equity Swap |
22/9/2028 |
22/9/2028 |
Cash |
Below minimum threshold |
Below minimum threshold |
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Cash-settled Equity Swap |
n/a |
n/a |
Cash |
Below minimum threshold |
Below minimum threshold |
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Convertible Bond |
09/07/2025 |
09/07/2025 |
Physical |
Below minimum threshold |
Below minimum threshold |
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B TOTAL |
Below minimum threshold |
Below minimum threshold |
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Outokumpu has a total of 456,874,448 shares. Each share carries one vote. Outokumpu currently holds 23,041,290 treasury shares.
For more information:
Investors: Linda Häkkilä, Head of Investor Relations, tel. +358 40 071 9669
Media: Outokumpu media desk, tel. +358 9 421 3840
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 approximately 8,500 professionals in close to 30 countries, with headquarters in Helsinki, Finland and shares listed in Nasdaq Helsinki. www.outokumpu.com