Notification in accordance with the Finnish Securities Market Act Chapter 9 § 5: Changes in Investor AB and Fiskars Group’s ownership in Wärtsilä

Wärtsilä Corporation
  • Stock exchange release
19 September 2014 at 3:00 PM E. Europe Standard Time

Wärtsilä has today been informed that Fiskars, Investor and their joint venture Avlis AB have signed an agreement which results in the following changes in ownership:

Avlis Invest AB acquires 15,759,566 shares or 7.99% of Wärtsilä’s share capital and total votes from Avlis AB. All Avlis Invest AB’s shares will be distributed to Invaw Holding AB, a wholly-owned subsidiary of Investor AB. Fiskars acquires 9,881,781 shares or 5.01% of Wärtsilä’s share capital and total votes from Avlis AB. The shareholder’s agreement between Fiskars and Investor will be terminated and their joint venture, which held 42,948,325 shares, representing 21.77% of Wärtsilä’s share capital and total votes, dissolved.

Following the transaction Investor AB’s indirect ownership in Wärtsilä will increase above 15% to 33,066,544 shares or 16.76% of Wärtsilä’s share capital and total votes. Fiskars Group will directly own 9,881,781 shares or 5.01% of Wärtsilä’s share capital and total votes.