Outokumpu – Announcement regarding change in holdings
Outokumpu Corporation
Stock exchange release
April 19, 2024 at 3.00 pm EEST
Outokumpu – Announcement regarding change in holdings
Outokumpu Corporation (business identity code: 0215254-2) has on April 18, 2024, received a notification based on Chapter 9, Section 5 of the Finnish Securities Market Act. JPMorgan Chase & Co’s total holding in the shares and voting rights of Outokumpu has risen above 5% threshold and was 5.06% on April 17, 2024. Their earlier holding in the Outokumpu shares and voting rights was below minimum threshold.
Total direct and indirect holdings of JPMorgan Chase & Co according to the notification: | |||||
% 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 | ||
Resulting situation on the date on which threshold was crossed or reached | 0.01% | 5.05% | 5.06% | 456,874,448 | |
Position of previous notification (if applicable) | Below minimum threshold | Below minimum threshold | Below minimum threshold |
Notified details of the resulting situation on the date on which the threshold was crossed or reached: | ||||||||||
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) |
|||||||
FI0009002422 | Below minimum threshold | Below minimum threshold | ||||||||
SUBTOTAL A | Below minimum threshold | Below minimum threshold | ||||||||
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 | |||||
Cash-settled Equity Swap | 13/05/2024 | 13/05/2024 | Cash | Below minimum threshold | Below minimum threshold | |||||
Cash-settled Equity Swap | 19/09/2024 | 19/09/2024 | Cash | Below minimum threshold | Below minimum threshold | |||||
Cash-settled Equity Swap | 02/01/2025 | 02/01/2025 | Cash | Below minimum threshold | Below minimum threshold | |||||
Cash-settled Equity Swap | 06/01/2025 | 06/01/2025 | Cash | Below minimum threshold | Below minimum threshold | |||||
Cash-settled Equity Swap | 16/04/2025 | 16/04/2025 | Cash | Below minimum threshold | Below minimum threshold | |||||
Cash-settled Equity Swap | 14/05/2025 | 14/05/2025 | Cash | Below minimum threshold | Below minimum threshold | |||||
Cash-settled Equity Swap | 22/05/2025 | 22/05/2025 | Cash | Below minimum threshold | Below minimum threshold | |||||
Cash-settled Equity Swap | 03/06/2025 | 03/06/2025 | Cash | Below minimum threshold | Below minimum threshold | |||||
Cash-settled Equity Swap | 17/11/2025 | 17/11/2025 | Cash | Below minimum threshold | Below minimum threshold | |||||
Cash-settled Equity Swap | 28/04/2026 | 28/04/2026 | Cash | Below minimum threshold | Below minimum threshold | |||||
Cash-settled Equity Swap | 16/10/2026 | 16/10/2026 | Cash | Below minimum threshold | Below minimum threshold | |||||
Cash-settled Equity Swap | 22/09/2028 | 22/09/2028 | Cash | Below minimum threshold | Below minimum threshold | |||||
Cash-settled Equity Swap | N/A | N/A | Cash | Below minimum threshold | Below minimum threshold | |||||
Convertible Bond | 09/07/2025 | 09/07/2025 | Physical | Below minimum threshold | Below minimum threshold | |||||
Cash-settled Equity Swap | 13/05/2024 | 13/05/2024 | Cash | Below minimum threshold | Below minimum threshold | |||||
B TOTAL | 23,054,834 | 5.05% | ||||||||
Outokumpu has a total of 456,874,448 shares. Each share carries one vote. Outokumpu currently holds 33, 188, 820 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