Outokumpu - Notification of sale of treasury shares
OUTOKUMPU OYJ
STOCK EXCHANGE RELEASE
June 3, 2014 at 2.30 pm EET
Outokumpu has sold five (5) treasury shares at NASDAQ OMX Helsinki stock exchange. The sale of the treasury shares was executed in order to adjust the number of shares owned by other parties than Outokumpu to be divisible by the reverse split ratio, making it possible to implement the proposal of the Board of Directors relating to a reverse split of shares as set out in section 6 of the summons to the Extraordinary General Meeting published on May 23, 2014.
Date | June 3, 2014 |
Exchange transaction | Sell |
Amount of shares | 5 |
Price per share | EUR 0.2664 |
Total price | EUR 1.33 |
The shares held by Outokumpu Oyj on June 3, 2014 after sale of shares: | 947,724 |
For more information:
Investors: Johanna Henttonen, tel. +358 9 421 3804, mobile +358 40 530 0778
Media: Saara Tahvanainen, tel. +358 40 589 0223
Call center for reverse split: tel. +358 10 54 63 151 (until July 3, 2014 weekdays 8.00 am to 6.00 pm EET) and e-mail sijoituslinja@danskebank.fi
Outokumpu Group
Outokumpu is a global leader in stainless steel. We create advanced materials that are efficient, long lasting and recyclable – thus building a world that lasts forever. Stainless steel, invented a century ago, is an ideal material to create lasting solutions in demanding applications from cutlery to bridges, energy and medical equipment: it is 100% recyclable, corrosion-resistant, maintenance-free, durable and hygienic. Outokumpu employs more than 12 000 professionals in more than 30 countries, with headquarters in Espoo, Finland and shares listed in the NASDAQ OMX Helsinki. www.outokumpu.com