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% |