Notification in accordance with the Finnish Securities Market Act Chapter 9 § 5: BlackRock, Inc.’s holding in Wärtsilä Corporation
Wärtsilä Corporation, Stock exchange release, 2 April 2020 at 9:45 am EEST
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 that it’s aggregate holding has crossed below the 5% disclosure limit on 31 March 2020. Following the transaction, BlackRock, Inc. owns 4.30% of Wärtsilä’s shares and voting rights, while its total holding in Wärtsilä Corporation corresponds to 4.82%.
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 | Total of both in % | Total number of shares and voting rights of issuer | |
| Resulting situation on the date on which threshold was crossed or reached | 4.30% | 0.52% | 4.82% | 591,723,390 |
| Position of previous notification (if applicable) | 4.85% | 0.25% | 5.11% |
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 | 25,459,118 | 4.30% | ||
| SUBTOTAL A | 25,459,118 | 4.30% | ||
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 | 2,992,484 | 0.50% |
| CFD | N/A | N/A | Cash | 117,988 | 0.01% |
| SUBTOTAL B | 3,110,472 | 0.52% |