Outokumpu – Announcement regarding change in holdings

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Outokumpu Oyj
Stock exchange release
June 10, 2024 at 3.30 pm EEST

Outokumpu Oyj (business identity code: 0215254-2) has on June 7, 2024, 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 through financial instruments of Outokumpu has fallen below 5% threshold and was below minimum threshold on June 5, 2024. The earlier holding in the Outokumpu shares and voting rights through financial instruments was 5.05%. JPMorgan Chase & Co’s total holding in the shares and voting rights of Outokumpu remained above 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

0.47 %

4.69 %

5.16 %

456,874,448

Position of previous notification (if applicable)

0.01 %

5.05 %

5.06 %

 

 

 

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

19/09/2024

19/09/2024

Cash

Below minimum threshold

Below minimum threshold

Cash-settled Equity Swap

02/01/2025

02/01/2025

Cash

Below minimum threshold

Below minimum threshold

Cash-settled Equity Swap

06/01/2025

06/01/2025

Cash

Below minimum threshold

Below minimum threshold

Cash-settled Equity Swap

16/04/2025

16/04/2025

Cash

Below minimum threshold

Below minimum threshold

Cash-settled Equity Swap

14/05/2025

14/05/2025

Cash

Below minimum threshold

Below minimum threshold

Cash-settled Equity Swap

22/05/2025

22/05/2025

Cash

Below minimum threshold

Below minimum threshold

Cash-settled Equity Swap

03/06/2025

03/06/2025

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

28/04/2026

28/04/2026

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

22/09/2028

22/09/2028

Cash

Below minimum threshold

Below minimum threshold

Cash-settled Equity Swap

06/05/2025

06/05/2025

Cash

Below minimum threshold

Below minimum threshold

Cash-settled Equity Swap

04/06/2025

04/06/2025

Cash

Below minimum threshold

Below minimum threshold

Cash-settled Equity Swap

02/07/2025

02/07/2025

Cash

Below minimum threshold

Below minimum threshold

Cash-settled Equity Swap

18/06/2025

18/06/2025

Cash

Below minimum threshold

Below minimum threshold

Cash-settled Equity Swap

08/12/2025

08/12/2025

Cash

Below minimum threshold

Below minimum threshold

Cash-settled Equity Swap

30/05/2028

30/05/2028

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 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 9 421 3840 

Outokumpu is accelerating the green transition as the global leader in sustainable stainless steel. Our business is based on the circular economy: our products are made from 95% recycled materials, which we then turn into fully recyclable stainless steel. This steel is utilized in various applications across society, including infrastructure, mobility, and household appliances. We are committed to 1.5°C target to mitigate climate change, and with up to 75% lower carbon footprint than the industry average, we support our customers to reduce their emissions. Together, we are working towards a world that lasts forever. Outokumpu Corporation employs approximately 8,500 professionals in close to 30 countries, with headquarters in Helsinki, Finland and shares listed in Nasdaq Helsinki. Read more: www.outokumpu.com 

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