• Media
    MEDIA

    at Wärtsilä in Saudi Arabia

Notification in accordance with the Finnish Securities Market Act Chapter 9 § 5: BlackRock Investment Management (UK) Limited increased holding in Wärtsilä Corporation

Wärtsilä Corporation, Flagging notifications 23 November 2017 at 16:00 UTC+2

BlackRock, Inc. has informed Wärtsilä Corporation that BlackRock Investment Management (UK) Limited has purchased Wärtsilä shares on 22 November 2017, crossing above the 5% disclosure limit on total holding in shares and voting rights. Following the transaction, the total holding of BlackRock Investment Management (UK) Limited amounts to 5.05%. The total number of shares held by BlackRock, Inc. remains above 5% of Wärtsilä’s share capital and total votes.

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

8.53%

0.48%

9.01%

197,241,130

Position of previous notification (if applicable)

8.15%

0.34%

8.49%

 

 

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

 

16,840,839

 

8.53%

SUBTOTAL A

16,840,839

8.53%

 

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

830,134

0.42%

CFD

N/A

N/A

Cash

117,086

0.05%

SUBTOTAL B

 

 

 

947,220

0.48%