Outokumpu – Announcement regarding change in holdings

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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.

 

Total direct and indirect holdings of JPMorgan Chase & Co 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

2.17%

3.61%

5.78%

456,874,448

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)

FI0009002422

 

Below minimum threshold

 

Below minimum threshold

SUBTOTAL A

Below minimum threshold

Below minimum 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

Cash-settled Equity Swap

28/11/2023

28/11/2023

Cash

Below minimum threshold

Below minimum threshold

Cash-settled Equity Swap

04/01/2024

04/01/2024

Cash

Below minimum threshold

Below minimum threshold

Cash-settled Equity Swap

23/07/2024

23/07/2024

Cash

Below minimum threshold

Below minimum threshold

Cash-settled Equity Swap

19/09/2024

19/09/2024

Cash

Below minimum threshold

Below minimum threshold

Cash-settled Equity Swap

02/10/2024

02/10/2024

Cash

Below minimum threshold

Below minimum threshold

Cash-settled Equity Swap

19/11/2024

19/11/2024

Cash

Below minimum threshold

Below minimum threshold

Cash-settled Equity Swap

17/11/2025

17/11/2025

Cash

Below minimum threshold

Below minimum threshold

Cash-settled Equity Swap

16/10/2026

16/10/2026

Cash

Below minimum threshold

Below minimum threshold

Cash-settled Equity Swap

30/05/2028

30/05/2028

Cash

Below minimum threshold

Below minimum threshold

Cash-settled Equity Swap

22/9/2028

22/9/2028

Cash

Below minimum threshold

Below minimum threshold

Cash-settled Equity Swap

n/a

n/a

Cash

Below minimum threshold

Below minimum threshold

Convertible Bond

09/07/2025

09/07/2025

Physical

Below minimum threshold

Below minimum threshold

 

 

 

B TOTAL

Below minimum threshold

Below minimum threshold

 

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

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