Notification in accordance with the Finnish Securities Market Act Chapter 9 § 5: BlackRock, Inc.’s holding in Wärtsilä Corporation
Wärtsilä Corporation, flagging notification, 20 September 2023 at 11:00 EEST
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 has crossed below the 5% disclosure limit on total holding in shares and voting rights on 18 September 2023. Following the transaction, BlackRock, Inc. owns 4.97% of Wärtsilä’s shares and voting rights, while its total holding in Wärtsilä Corporation corresponds to 5.06%.
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 threshold was crossed or reached | 4.97% | 0.08% | 5.06% | 591,723,390 |
Position of previous notification (if applicable) | 5.03% | 0.08% | 5.12% |
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 | 29,427,434 | 4.97% | ||
SUBTOTAL A | 29,427,434 | 4.97% |
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 | 21,891 | 0.00% |
CFD | N/A | N/A | Cash | 509,399 | 0.08% |
SUBTOTAL B | 531,290 | 0.08% |