Outokumpu Oyj: Outokumpu - Announcement regarding change in holdings

Outokumpu - Announcement regarding change in holdings
Outokumpu Oyj (business identity code: 0215254-2) has on September 28, 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 risen above 5% threshold and was 5.78% on September 27, 2023. 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      |% of shares and   |Total of |Total      |
|                |shares and|voting rights     |both     |number of  |
|                |voting    |through financial |in % (A +|shares     |
|                |rights    |instruments (total|B)       |and voting |
|                |(total    |of B)             |         |rights of  |
|                |of A)     |                  |         |issuer     |
+----------------+----------+------------------+---------+-----------+
|Resulting       |2.17%     |3.61%             |5.78%    |456,874,448|
|situation on the|          |                  |         |           |
|date on         |          |                  |         |           |
|which threshold |          |                  |         |           |
|was crossed or  |          |                  |         |           |
|reached         |          |                  |         |           |
+----------------+----------+------------------+---------+-----------+
|Position of     |Below     |Below minimum     |Below    |           |
|previous        |minimum   |threshold         |minimum  |           |
|notification    |threshold |                  |threshold|           |
|(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                            Below
minimum                          minimum
threshold                        threshold
B: Financial
Instruments
according to
SMA 9:6a
Type of       Expiration  Exercise/Con  Physical    Number of  % of shares
financial     date        ­version      or cash     shares     and voting
instrument                Period        settlement  and        rights
voting
rights
Cash-settled  28/11/2023  28/11/2023    Cash        Below      Below minimum
Equity Swap                                         minimum    threshold
threshold
Cash-settled  04/01/2024  04/01/2024    Cash        Below      Below minimum
Equity Swap                                         minimum    threshold
threshold
Cash-settled  23/07/2024  23/07/2024    Cash        Below      Below minimum
Equity Swap                                         minimum    threshold
threshold
Cash-settled  19/09/2024  19/09/2024    Cash        Below      Below minimum
Equity Swap                                         minimum    threshold
threshold
Cash-settled  02/10/2024  02/10/2024    Cash        Below      Below minimum
Equity Swap                                         minimum    threshold
threshold
Cash-settled  19/11/2024  19/11/2024    Cash        Below      Below minimum
Equity Swap                                         minimum    threshold
threshold
Cash-settled  17/11/2025  17/11/2025    Cash        Below      Below minimum
Equity Swap                                         minimum    threshold
threshold
Cash-settled  16/10/2026  16/10/2026    Cash        Below      Below minimum
Equity Swap                                         minimum    threshold
threshold
Cash-settled  30/05/2028  30/05/2028    Cash        Below      Below minimum
Equity Swap                                         minimum    threshold
threshold
Cash-settled  22/9/2028   22/9/2028     Cash        Below      Below minimum
Equity Swap                                         minimum    threshold
threshold
Cash-settled  n/a         n/a           Cash        Below      Below minimum
Equity Swap                                         minimum    threshold
threshold
Convertible   09/07/2025  09/07/2025    Physical    Below      Below minimum
Bond                                                minimum    threshold
threshold
B TOTAL     Below      Below minimum
minimum    threshold
threshold
Outokumpu 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