Notification in accordance with the Finnish Securities Market Act Chapter 9 § 5: BlackRock Investment Management (UK) Limited decreased holding in Wärtsilä Corporation
Notification in accordance with the Finnish Securities Market Act Chapter 9 § 5: BlackRock Investment Management (UK) Limited decreased holding in Wärtsilä Corporation
Notification in accordance with the Finnish Securities Market Act Chapter 9 § 5: BlackRock Investment Management (UK) Limited decreased holding in Wärtsilä Corporation
Wärtsilä Corporation Company Announcement 15 December 2016 at 16.30 pm EET
BlackRock, Inc. has informed Wärtsilä Corporation that BlackRock Investment Management (UK) Limited has disposed of Wärtsilä shares on 14 December 2016, crossing below the 5% disclosure limit on shares and voting rights and on total holdings. 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
8.15%
0.34%
8.49%
197,241,130
Position of previous notification (if applicable)
8.43%
0.11%
8.55%
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
16,088,102
8.15%
SUBTOTAL A
16,088,102
8.15%
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
666,474
0.33%
CFD
N/A
N/A
Cash
7,621
0.00%
SUBTOTAL B
674,095
0.34%
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients. The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Wärtsilä Oyj Abp via Globenewswire