Outokumpu - Announcement regarding change in holdings

Outokumpu Oyj
Stock exchange release
June 10, 2024 at 3.30 pm EEST

Outokumpu Oyj (business identity code: 0215254-2) has on June 7, 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 through financial instruments of Outokumpu has fallen below 5% threshold and was below minimum threshold on June 5, 2024. The earlier holding in the Outokumpu shares and voting rights through financial instruments was 5.05%. JPMorgan Chase & Co's total holding in the shares and voting rights of Outokumpu remained above 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	0.47 %	4.69 %	5.16 %	456,874,448
Position of previous notification (if applicable)	0.01 %	5.05 %	5.06 %

 

 

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	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	06/05/2025		06/05/2025		Cash		Below minimum threshold		Below minimum threshold
Cash-settled Equity Swap	04/06/2025		04/06/2025		Cash		Below minimum threshold		Below minimum threshold
Cash-settled Equity Swap	02/07/2025		02/07/2025		Cash		Below minimum threshold		Below minimum threshold
Cash-settled Equity Swap	18/06/2025		18/06/2025		Cash		Below minimum threshold		Below minimum threshold
Cash-settled Equity Swap	08/12/2025		08/12/2025		Cash		Below minimum threshold		Below minimum threshold
Cash-settled Equity Swap	30/05/2028		30/05/2028		Cash		Below minimum threshold		Below minimum threshold
Convertible Bond	09/07/2025		09/07/2025		Physical		Below minimum threshold		Below minimum threshold
					B TOTAL		Below minimum threshold		Below minimum threshold

 

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. [phone] 

 

Media: Outokumpu media desk, tel. [phone] 

Outokumpu is accelerating the green transition as the global leader in sustainable stainless steel. Our business is based on the circular economy: our products are made from 95% recycled materials, which we then turn into fully recyclable stainless steel. This steel is utilized in various applications across society, including infrastructure, mobility, and household appliances. We are committed to 1.5°C target to mitigate climate change, and with up to 75% lower carbon footprint than the industry average, we support our customers to reduce their emissions. Together, we are working towards a world that lasts forever. Outokumpu Corporation employs approximately 8,500 professionals in close to 30 countries, with headquarters in Helsinki, Finland and shares listed in Nasdaq Helsinki. Read more: www.outokumpu.com 

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