Notification in accordance with the Finnish Securities Market Act Chapter 9 § 5: BlackRock Investment Management (UK) Limited increased holding in Wärtsilä Corporation
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Wärtsilä Corporation Stock exchange release 23 November 2017 at 4 pm EET
BlackRock, Inc. has informed Wärtsilä Corporation that BlackRock Investment Management (UK) Limited has purchased Wärtsilä shares on 22 November 2017, crossing above the 5% disclosure limit on total holding in shares and voting rights. Following the transaction, the total holding of BlackRock Investment Management (UK) Limited amounts to 5.05%. The total number of shares held by BlackRock, Inc. remains above 5% of Wärtsilä's share capital and total votes.
Total position of BlackRock, Inc. and its funds subject to the notification:
% of shares and voting rights | % of shares and voting rights through financial instruments | % of total | Total number of shares and voting rights of issuer | |
Resulting situation on the date on which the threshold was crossed or reached | 8.53% | 0.48% | 9.01% | 197,241,130 |
Position of previous notification (if applicable) | 8.15% | 0.34% | 8.49% |
Notified details of the resulting situation on the date on which the threshold was crossed:
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) | |
FI0009003727 | 16,840,839 | 8.53% | ||
SUBTOTAL A | 16,840,839 | 8.53% |
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 |
Securities Lent | N/A | N/A | Physical | 830,134 | 0.42% |
CFD | N/A | N/A | Cash | 117,086 | 0.05% |
SUBTOTAL B | 947,220 | 0.48% |
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Wärtsilä Oyj Abp via Globenewswire
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