Outokumpu - Announcement regarding change in holdings

Outokumpu Oyj
Stock exchange release
January 12, 2024 at 5.00 pm EET

Outokumpu - Announcement regarding change in holdings

Outokumpu Oyj (business identity code: 0215254-2) has on January 12, 2024 received a notification based on Chapter 9, Section 5 of the Finnish Securities Market Act. Société Générale SA's total holding in the shares and voting rights of Outokumpu has fallen below minimun threshold and was below minimun threshold on January 10, 2024. Their earlier holding in the Outokumpu shares and voting rights was 5.62%.

 

Total direct and indirect holdings of Société Générale SA 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	Below minimum threshold	Below minimum threshold	Below minimum threshold	456,874,448
Position of previous notification (if applicable)	Below minimum threshold	5.56%	5.62

 

 

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		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
OTC Call Option on Basket	03/01/2033		Until 03/01/2033		Cash		Below minimum threshold		Below minimum threshold
Contract for difference	N/A		N/A		Cash		Below minimum threshold		Below minimum threshold
Convertible Bond	09/07/2025		Until 09/07/2025		Physical		Below minimum threshold		Below minimum threshold
OTC Call Option	03/01/2033		Until 03/01/2033		Cash		Below minimum threshold		Below minimum threshold
OTC Put Option	03/01/2033		Until 03/01/2033		Cash		Below minimum threshold		Below minimum threshold
Listed Call Warrant	03/01/2025		Until 03/01/2025		Cash		Below minimum threshold		Below minimum threshold
Listed Call Warrant	03/01/2033		Until 03/01/2033		Cash		Below minimum threshold		Below minimum threshold
Listed Call Warrant on Basket	03/01/2033		Until 03/01/2033		Cash		Below minimum threshold		Below minimum threshold
Listed Put  Warrant	03/01/2033		Until 03/01/2033		Cash		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 27,804,656 treasury shares.

 

For more information: 

 

Investors: Linda Häkkilä, Head of Investor Relations, tel. [phone] 

 

Media: Outokumpu media desk, tel. [phone] 

Outokumpu is the global leader in stainless steel. The foundation of our business is our ability to tailor stainless steel into any form and for almost any purpose. Stainless steel is sustainable, durable and designed to last forever. Our customers use it to create civilization's basic structures and its most famous landmarks as well as products for households and various industries. Outokumpu employs approximately 8,500 professionals in close to 30 countries, with headquarters in Helsinki, Finland and shares listed in Nasdaq Helsinki. www.outokumpu.com

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