Outokumpu – Announcement regarding change in holdings
Outokumpu Oyj
Stock exchange release
March 8, 2024 at 5.00 pm EET
Outokumpu – Announcement regarding change in holdings
Outokumpu Oyj (business identity code: 0215254-2) has on March 8, 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 fallen below 5% and was below minimum threshold on March 7, 2024. Their earlier holding in the Outokumpu shares and voting rights was 5.23%.
| 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 | Below minimum threshold | Below minimum threshold | Below minimum threshold | 456,874,448 | |
| Position of previous notification (if applicable) | 0.01% | 5.22% | 5.23% | ||
| 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 | Below minimum threshold | Below minimum threshold | ||||||||
Outokumpu has a total of 456,874,448 shares. Each share carries one vote. Outokumpu currently holds 33,188,820 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