Notification in accordance with the Finnish Securities Market Act Chapter 9 § 5: BlackRock, Inc.’s holding in Wärtsilä Corporation
BlackRock, Inc. has informed Wärtsilä Corporation that it’s aggregate holding has crossed below the 5% disclosure limit on 2 April 2020. Following the transaction, BlackRock, Inc. owns 4.37% of Wärtsilä’s shares and voting rights, while its total holding in Wärtsilä Corporation corresponds to 4.94%.
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 |
Total of both in % |
Total number of shares and voting rights of issuer |
Resulting situation on the date on which threshold was crossed or reached |
4.37% |
0.56% |
4.94% |
591,723,390 |
Position of previous notification (if applicable) |
4.48% |
0.52% |
5.00% |
|
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 |
|
25,880,976 |
|
4.37% |
SUBTOTAL A |
25,880,976 |
4.37% |
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 |
3,159,833 |
0.53% |
CFD |
N/A |
N/A |
Cash |
211,241 |
0.03% |
SUBTOTAL B |
|
|
|
3,371,074 |
0.56% |