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Stora Enso Oyj: Notification of Change in Holdings according to Chapter 9, Section 10 of the Finnish Securities Markets Act (19 April 2024)

2024-04-23 03:05 ET - News Release

Stora Enso Oyj: Notification of Change in Holdings according to Chapter 9, Section 10 of the Finnish Securities Markets Act (19 April 2024)

PR Newswire

STORA ENSO OYJ STOCK EXCHANGE RELEASE 23 April 2024 at 9:30 EEST

HELSINKI, April 23, 2024 /PRNewswire/ -- Stora Enso Oyj has received a notification pursuant to chapter 9, section 5 of the Securities Market Act from BlackRock, Inc on 22 April 2024.

On 19 April 2024, BlackRock's total holding, including holding through financial instruments, in Stora Enso's shares increased above the 5 percent threshold.


% of shares and
voting rights

(total of 7.A)

% of shares and
voting rights through
financial instruments

(total of 7.B)

Total of both in % (7.A + 7.B)

Resulting
situation on the
date on which threshold
was crossed or reached

Below 4.99% shares

Below 5% voting rights

Below 0.09% shares

Below 5% voting rights

Below 5.09% shares

Below 5% voting rights

Position of
previous
notification
(if applicable)

Below 5% shares

Below 5% voting rights

Below 5% shares

Below 5% voting rights

Below 5% shares

Below 5% voting rights

 

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)

FI0009005961


39,406,110 shares
Below 5% voting
rights


Below 4.99% shares

Below 5% voting rights

SUBTOTAL A

39,406,110 shares

Below 5% voting rights

Below 4.99% shares

Below 5% voting rights

 

                                  

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

American
Depositary
Receipt (US86210M1062)

N/A

N/A

Physical

472,620
shares

Below 5%
voting rights

Below 0.05%
shares

Below 5% voting
rights

Securities Lent

N/A

N/A

Physical

163,220
shares

Below 5%
voting rights

Below 0.02%
shares

Below 5%
voting rights

CFD

N/A

N/A

                                   

Cash

                                   

138,730
shares

Below 5%
voting rights

Below 0.01%
shares

Below 5%
voting rights




SUBTOTAL B

774,570
shares

Below 5%
voting rights

Below 0.09%
shares

Below 5%
voting rights

 

Stora Enso has two series of shares. Each A share and every ten R shares carry one vote. Stora Enso has 175,979,614 A shares and 612,640,373 R shares in issue. The company does not hold its own shares. The total number of Stora Enso shares is 788,619,987 and the total number votes at least 237,243,651.

Full chain of controlled undertakings through which the voting rights and financial instruments are effectively held starting with the ultimate controlling natural person or legal entity is presented in the enclosed annex.

Part of the global bioeconomy, Stora Enso is a leading provider of renewable products in packaging, biomaterials and wooden construction, and one of the largest private forest owners in the world. We create value with our low-carbon and recyclable fiber-based products, through which we support our customers in meeting the demand for renewable sustainable products. Stora Enso has approximately 20,000 employees and our sales in 2023 were EUR 9.4 billion. Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R). In addition, the shares are traded in OTC Markets (OTCQX) in the USA as ADRs and ordinary shares (SEOAY, SEOFF, SEOJF). storaenso.com/investors  

STORA ENSO OYJ

CONTACT:

Investor enquiries:
Anna-Lena Åström
SVP Investor Relations
tel. +46 70 210 7691 

 

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/stora-enso-oyj/r/stora-enso-oyj--notification-of-change-in-holdings-according-to-chapter-9--section-10-of-the-finnish,c3965704

The following files are available for download:

 

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SOURCE Stora Enso Oyj

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