Notification in accordance with the Finnish Securities Market Act Chapter 9 § 5: BlackRock, Inc.’s holding in Wärtsilä Corporation

Wärtsilä Corporation,
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26 March 2020 at 11:30 AM E. Europe Standard Time

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 above the 5% disclosure limit on 24 March 2020. Following the transaction, BlackRock, Inc. owns 4.85% of Wärtsilä’s shares and voting rights, while its total holding in Wärtsilä Corporation corresponds to 5.11%.

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 the threshold was crossed or reached 4.85% 0.25% 5.11% 591,723,390
Position of previous notification (if applicable) Below 5% Below 5% Below 5%  

 

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   28,734,416   4.85%
SUBTOTAL A 28,734,416 4.85%

 

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 1,403,321 0.23%
CFD N/A N/A Cash 104,038 0.01%
SUBTOTAL B       1,507,359 0.25%

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