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 it has crossed below the 5% disclosure limit on shares and voting rights on 10 May 2019. Following the transaction BlackRock, Inc. owns 4.98% of Wärtsilä’s shares and voting rights, while its total holding in Wärtsilä Corporation corresponds to 5.23%.
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 | % of total | Total number of shares and voting rights of issuer | |
Resulting situation on the date on which the threshold was crossed or reached | 4.98% | 0.24% | 5.23% | 591,723,390 |
Position of previous notification (if applicable) | 5.00% | 0.23% | 5.23% |
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 | 29,512,604 | 4.98% | ||
SUBTOTAL A | 29,512,604 | 4.98% |
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 | 1,321,719 | 0.22% |
CFD | N/A | N/A | Cash | 122,350 | 0.02% |
SUBTOTAL B | 1,444,069 | 0.24% |
“We stand at a tipping point”: Wärtsilä calls for urgent action to enable more flexible power systems
The Philippines can smoothly transition to net zero by 2050, slashing emissions and carbon tax cost burden by over 20%, according to Wärtsilä