Outokumpu – Announcement regarding change in holdings

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Outokumpu Oyj
Stock exchange release
February 22, 2024 at 11.00 am EET

Outokumpu – Announcement regarding change in holdings

Outokumpu Oyj (business identity code: 0215254-2) has on February 21, 2024 received a notification based on Chapter 9, Section 5 of the Finnish Securities Market Act. Société Générale SA’s total holding in the shares and voting rights of Outokumpu has risen above 5% and was 5.23% on February 20, 2024. Their earlier holding in the Outokumpu shares and voting rights was below minimum threshold. 

Total direct and indirect holdings of Société Générale SA 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 0.01% 5.22% 5.23% 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 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
OTC Call Option on Basket 03/01/2033 Until 03/01/2033 Cash Below minimum threshold Below minimum threshold
Contract for difference N/A N/A Cash Below minimum threshold Below minimum threshold
Convertible Bond 25/06/2025 Until 25/06/2025 Physical Below minimum threshold Below minimum threshold
OTC Call Option 03/01/2033 Until 03/01/2033 Cash Below minimum threshold Below minimum threshold
OTC Put Option 03/01/2033 Until 03/01/2033 Cash Below minimum threshold Below minimum threshold
Listed Call Warrant 03/01/2025 Until 03/01/2025 Cash Below minimum threshold Below minimum threshold
Listed Call Warrant 03/01/2033 Until 03/01/2033 Cash Below minimum threshold Below minimum threshold
Listed Call Warrant on Basket 03/01/2033 Until 03/01/2033 Cash Below minimum threshold Below minimum threshold
Listed Put  Warrant 03/01/2033 Until 03/01/2033 Cash Below minimum threshold Below minimum threshold
B TOTAL 23,863,286 5.22%

Outokumpu has a total of 456,874,448 shares. Each share carries one vote. Outokumpu currently holds 31,629,019 treasury shares.

For more information: 

Investors: Linda Häkkilä, Head of Investor Relations, tel. +358 40 071 9669 

Media: Outokumpu media desk, tel. +358 40 351 9840
 

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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