Outokumpu – Announcement regarding change in holdings
Outokumpu Corporation
Stock exchange release
April 17, 2025 at 2.00 pm EEST
Outokumpu – Announcement regarding change in holdings
Outokumpu Corporation (business identity code: 0215254-2) has on April 16, 2025, received a notification based on Chapter 9, Section 5 of the Finnish Securities Market Act. The Goldman Sachs Group, Inc’s total holding in the shares and voting rights of Outokumpu has fallen below 5% threshold and was below minimum threshold on April 15, 2025. Their earlier holding in the Outokumpu shares and voting rights was 5.20%.
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Total direct and indirect holdings of The Goldman Sachs Group, Inc 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 |
Below minimum threshold |
Below minimum threshold |
Below minimum threshold |
456,874,448 |
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Position of previous notification (if applicable) |
0.49% |
4.71% |
5.20% |
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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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Securities Lending |
open |
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Physical |
Below minimum threshold |
Below minimum threshold |
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Convertible Bond |
09/07/2025 |
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Physical |
Below minimum threshold |
Below minimum threshold |
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Swap |
13/03/2028 |
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Cash |
Below minimum threshold |
Below minimum threshold |
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|
Swap |
09/07/2027 |
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Cash |
Below minimum threshold |
Below minimum threshold |
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|
Swap |
27/03/2028 |
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Cash |
Below minimum threshold |
Below minimum threshold |
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Call Option |
08/10/2029 |
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Cash |
Below minimum threshold |
Below minimum threshold |
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|
Swap |
04/02/2028 |
|
Cash |
Below minimum threshold |
Below minimum threshold |
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|
Swap |
14/07/2025 |
|
Cash |
Below minimum threshold |
Below minimum threshold |
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|
Swap |
14/02/2028 |
|
Cash |
Below minimum threshold |
Below minimum threshold |
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|
Swap |
03/04/2035 |
|
Cash |
Below minimum threshold |
Below minimum threshold |
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|
Swap |
04/04/2028 |
|
Cash |
Below minimum threshold |
Below minimum threshold |
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|
Swap |
03/04/2035 |
|
Cash |
Below minimum threshold |
Below minimum threshold |
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|
Swap |
13/12/2027 |
|
Cash |
Below minimum threshold |
Below minimum threshold |
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|
Swap |
28/02/2028 |
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Cash |
Below minimum threshold |
Below minimum threshold |
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|
Call Option |
25/03/2027 |
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Cash |
Below minimum threshold |
Below minimum threshold |
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|
Swap |
10/04/2028 |
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Cash |
Below minimum threshold |
Below minimum threshold |
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|
Call Option |
02/12/2026 |
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Cash |
Below minimum threshold |
Below minimum threshold |
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Swap |
13/03/2028 |
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Cash |
Below minimum threshold |
Below minimum threshold |
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|
Swap |
13/12/2034 |
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Cash |
Below minimum threshold |
Below minimum threshold |
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Call Option |
17/01/2031 |
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Cash |
Below minimum threshold |
Below minimum threshold |
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Swap |
04/04/2035 |
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Cash |
Below minimum threshold |
Below minimum threshold |
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Call Option |
29/04/2027 |
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Cash |
Below minimum threshold |
Below minimum threshold |
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Swap |
13/12/2027 |
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Cash |
Below minimum threshold |
Below minimum threshold |
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Swap |
13/12/2027 |
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Cash |
Below minimum threshold |
Below minimum threshold |
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|
Swap |
07/03/2029 |
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Cash |
Below minimum threshold |
Below minimum threshold |
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|
Swap |
30/04/2026 |
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Cash |
Below minimum threshold |
Below minimum threshold |
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|
Swap |
06/03/2028 |
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Cash |
Below minimum threshold |
Below minimum threshold |
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|
Swap |
15/01/2030 |
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Cash |
Below minimum threshold |
Below minimum threshold |
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Swap |
04/04/2035 |
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Cash |
Below minimum threshold |
Below minimum threshold |
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Swap |
08/12/2025 |
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Cash |
Below minimum threshold |
Below minimum threshold |
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Swap |
14/05/2025 |
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Cash |
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 32,644,616 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 8,700 professionals in close to 30 countries, with headquarters in Helsinki, Finland and shares listed in Nasdaq Helsinki. Read more: www.outokumpu.com