Notification in accordance with the Finnish Securities Market Act Chapter 9 § 5: BlackRock, Inc.’s holding in Wärtsilä Corporation
Wärtsilä Corporation, Flagging notification, 23 February 2023 at 14:00 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 that it has crossed above the 5% disclosure limit on total holding in shares and voting rights on 22 February 2023. Following the transaction, BlackRock, Inc. owns 5.02% of Wärtsilä’s shares and voting rights, while its total holding in Wärtsilä Corporation corresponds to 5.16%.
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 | 5.02% | 0.13% | 5.16% | 591,723,390 |
| Position of previous notification (if applicable) | 4.88% | 0.15% | 5.03% |
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 | 29,763,236 | 5.02% | ||
| SUBTOTAL A | 29,763,236 | 5.02% | ||
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 | 241,360 | 0.04% |
| CFD | N/A | N/A | Cash | 575,704 | 0.09% |
| SUBTOTAL B | 817,064 | 0.13% |