Outokumpu Oyj: Outokumpu - Announcement regarding change in holdings
Outokumpu Oyj
Stock exchange release
September 25, 2023 at 13.00 pm EEST
Outokumpu - Announcement regarding change in holdings
Outokumpu Oyj (business identity code: 0215254-2) has on September 22, 2023, 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 fallen below 5% threshold and was below minimum threshold on September 21, 2023. Their earlier holding in the Outokumpu shares and voting rights was 5.29%.
+----------------+-------------+------------------+-------------+-----------+
|Total direct and |
|indirect holdings |
|of JPMorgan Chase |
|& Co according to |
|the notification: |
+----------------+-------------+------------------+-------------+-----------+
| |% of shares |% of shares and |Total of both|Total |
| |and |voting rights |in % (A + B) |number of |
| |voting rights|through financial | |shares |
| |(total |instruments (total| |and voting |
| |of A) |of B) | |rights of |
| | | | |issuer |
+----------------+-------------+------------------+-------------+-----------+
|Resulting |Below minimum|Below minimum |Below minimum|456,874,448|
|situation on the|threshold |threshold |threshold | |
|date on | | | | |
|which threshold | | | | |
|was crossed or | | | | |
|reached | | | | |
+----------------+-------------+------------------+-------------+-----------+
|Position of |1.56% |3.73% |5.29% | |
|previous | | | | |
|notification | | | | |
|(if applicable) | | | | |
+----------------+-------------+------------------+-------------+-----------+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 Number of % of shares
shares shares and and voting
voting rights rights
Direct Indirect Direct Indirect
(SMA 9:5) (SMA 9:6 (SMA 9:5) (SMA 9:6 and
and 9:7) 9:7)
FI0009002422 Below Below
minimum minimum
threshold threshold
SUBTOTAL A Below minimum Below minimum
threshold thresholdB: Financial
Instruments
according to
SMA 9:6a
Type of Expiration Exercise/Con Physical Number of % of shares
financial date version or cash shares and and voting
instrument Period settlement voting rights rights
Cash-settled 28/11/2023 28/11/2023 Cash Below minimum Below minimum
Equity Swap threshold threshold
Cash-settled 04/01/2024 04/01/2024 Cash Below minimum Below minimum
Equity Swap threshold threshold
Cash-settled 23/07/2024 23/07/2024 Cash Below minimum Below minimum
Equity Swap threshold threshold
Cash-settled 14/08/2024 14/08/2024 Cash Below minimum Below minimum
Equity Swap threshold threshold
Cash-settled 19/09/2024 19/09/2024 Cash Below minimum Below minimum
Equity Swap threshold threshold
Cash-settled 02/10/2024 02/10/2024 Cash Below minimum Below minimum
Equity Swap threshold threshold
Cash-settled 04/11/2024 04/11/2024 Cash Below minimum Below minimum
Equity Swap threshold threshold
Cash-settled 19/11/2024 19/11/2024 Cash Below minimum Below minimum
Equity Swap threshold threshold
Cash-settled 17/11/2025 17/11/2025 Cash Below minimum Below minimum
Equity Swap threshold threshold
Cash-settled 16/10/2026 16/10/2026 Cash Below minimum Below minimum
Equity Swap threshold threshold
Cash-settled 30/05/2028 30/05/2028 Cash Below minimum Below minimum
Equity Swap threshold threshold
Cash-settled 22/9/2028 22/9/2028 Cash Below minimum Below minimum
Equity Swap threshold threshold
Cash-settled n/a n/a Cash Below minimum Below minimum
Equity Swap threshold threshold
Convertible 09/07/2025 09/07/2025 Physical Below minimum Below minimum
Bond threshold threshold
B TOTAL Below minimum Below minimum
threshold thresholdOutokumpu has a total of 456,874,448 shares. Each share carries one vote. Outokumpu currently holds 23,041,290 treasury shares.
For more information:
Investors: LindaHäkkilä,Head of Investor Relations, tel. +358 40 071 9669
Media:Outokumpu media desk, tel. +358 9 421 3840