Notification in accordance with the Finnish Securities Market Act Chapter 9 § 5: BlackRock, Inc.’s holding in Wärtsilä Corporation
Wärtsilä Corporation, Stock exchange release, 26 March 2019 at 9:45 am EET
Notification in accordance with the Finnish Securities Market Act Chapter 9 § 5: BlackRock, Inc.’s holding in Wärtsilä Corporation
BlackRock, Inc. has informed Wärtsilä Corporation it has crossed below the 5% disclosure limit on shares and voting rights on 22 March 2019. Following the transaction BlackRock, Inc. owns 4.82% of Wärtsilä’s shares and voting rights, while its total holding in Wärtsilä Corporation corresponds to 5.38%.
Total position of BlackRock, Inc. and its funds subject to the notification:
| % of shares and voting rights | % of shares and voting rights through financial instruments | % of total | Total number of shares and voting rights of issuer | |
| Resulting situation on the date on which the threshold was crossed or reached | 4.82% | 0.56% | 5.38% | 591,723,390 |
| Position of previous notification (if applicable) | 5.07% | 0.34% | 5.42% |
Notified details of the resulting situation on the date on which the threshold was crossed:
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) | |
| FI0009003727 | 28,536,660 | 4.82% | ||
| SUBTOTAL A | 28,536,660 | 4.82% | ||
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 |
| Securities Lent | N/A | N/A | Physical | 3,083,082 | 0.52% |
| CFD | N/A | N/A | Cash | 232,014 | 0.03% |
| SUBTOTAL B | 3,315,096 | 0.56% |