Press Last Modified 21.12.2007

Press

Fiskars Corporation has sold Wärtsilä shares to its subsidiary Avlis AB

Wärtsilä Corporation Changes in company’s own shares 20.12.2007 at 18:45 EET

Notification in accordance with the Finnish Securities Market Act Chapter 2 section 9: Fiskars Corporation has sold Wärtsilä shares to its subsidiary Avlis AB

Wärtsilä Corporation has today received a notification from Fiskars Corporation, that as a result of the share transaction concluded December 20, 2007, the holding of Fiskars Corporation has decreased to less than 1/20 (5%) of the share capital and voting rights in Wärsilä Corporation.

The holdings of Fiskars Corporation are now as follows:
 

   No of shares   % of shares   % of votes
 A-shares   752 047   0,78%  2,44%
 B-shares     65 429   0,07%  0,02%
 Total   817 476   0,85%  2,46%

 

Fiskars Corporation, Business ID: 0214036-5.

Wärtsilä Corporation has today received a notification from Avlis AB, a wholly owned subsidiary of Fiskars Corporation, that as a result of share transaction concluded December 20, 2007, the holding of Avlis AB now is more than 3/20 (15%) of the share capital and more than 1/4 (25%) of the voting rights in Wärtsilä Corporation.

The holdings of Avlis AB are now as follows:

   No of shares   % of shares    % of votes
 A-shares     8 500 000     8,86%  27,58%
 B-shares     6 500 000     6,77%    2,11%
 Total      15 000 000   15,63%  29,69%

 

Avlis AB, Business ID 556706-5346

The share capital of Wärtsilä Corporation comprises a total of 95,942,561 shares (23,579,587 A shares and 72,362,974 B shares). The shares entitle to a total of 308,158,844 votes.