Notification in accordance with the Finnish Securities Market Act Chapter 9 § 5: BlackRock Investment Management (UK) Limited decreased holding in Wärtsilä Corporation
Wärtsilä Corporation Company Announcement 15 December 2016 at 16.30 pm EET
BlackRock, Inc. has informed Wärtsilä Corporation that BlackRock Investment Management (UK) Limited has disposed of Wärtsilä shares on 14 December 2016, crossing below the 5% disclosure limit on shares and voting rights and on total holdings. 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 | 8.15% | 0.34% | 8.49% | 197,241,130 |
Position of previous notification (if applicable) | 8.43% | 0.11% | 8.55% |
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 | 16,088,102 | 8.15% | ||
SUBTOTAL A | 16,088,102 | 8.15% |
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 | 666,474 | 0.33% |
CFD | N/A | N/A | Cash | 7,621 | 0.00% |
SUBTOTAL B | 674,095 | 0.34% |