Outokumpu Oyj: Outokumpu - Announcement regarding change in holdings

Outokumpu Oyj

Stock exchange release    

February 14, 2020 at 5.15 pm EET

Outokumpu - Announcement regarding change in holdings

Outokumpu Oyj (business identity code: 0215254-2) has on February 13, 2020 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 risen above 5% threshold and was 5.15% on February 11, 2020. Their earlier holding in the Outokumpu shares and voting rights was below minimum threshold.

Total direct and  
indirect holdings
of Société
Générale SA
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 0.02% 5.13% 5.15% 416,374,448  
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  
shares of shares
shares and
and voting
voting rights
rights
 
    Direct Indirect Direct Indirect  
(SMA (SMA 9:6 (SMA (SMA 9:6 and
9:5) and 9:7) 9:5) 9:7)
FI0009002422  67,893 0  0.02% 0%  
SUBTOTAL A  67,893 0.02%  
   
   
B: Financial  
Instruments
according to
SMA 9:6a
Type of Expiration Exercise/Co Physical Number of % of shares  
financial date nversion or cash shares and and voting
instrument Period settlement voting rights
rights
 
OTC Call 03/01/2033 Until Cash 10,098,512 2.43%  
Option on 03/01/2033
Basket
Contract For N/A N/A Cash 566,217 0.14%  
Difference
OTC Put Option 03/01/2025 Until Cash 600,000 0.14%  
03/01/2025
Listed Call 03/01/2033 Until Cash 9,492,500 2.28%  
Warrant 03/01/2033
Listed Put 03/01/2025 Until Cash 200,000 0.05%  
Warrant 03/01/2025
Listed Put 03/01/2025 Until Cash 200,000 0.05%  
Warrant 03/01/2025
Listed Put 03/01/2025 Until Cash 200,000 0.05%  
Warrant 03/01/2025
Listed Put 03/01/2033 Until Cash 13,123 0.00%  
Warrant 03/01/2033
      SUBTOTAL B 21,370,352 5.13%  
                     

Outokumpu has a total of 416,374,448 shares. Each share carries one vote. Outokumpu currently holds 4,599,733 treasury shares.

For more information:

Reeta Kaukiainen, EVP - Communications and IR, tel. +358 50 522 0924

Outokumpu Oyj
Outokumpu is the global leader in stainless steel. We aim to be the best value creator in stainless steel through customer orientation and efficiency. 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 10,000 professionals in more than 30 countries, with headquarters in Helsinki, Finland and shares listed in Nasdaq Helsinki. www.outokumpu.com