Notification in accordance with the Finnish Securities Market Act Chapter 9 § 10: BlackRock, Inc.’s holding in Wärtsilä Corporation
Wärtsilä Corporation has received a notification under Chapter 9, Section 10 of the Finnish Securities Market Act (FSMA). The reason for the notification by BlackRock, Inc. is the Group restructure following the acquisition of Global Infrastructure Management LLC (“GIP”) on 1 October 2024. The aggregate holdings including financial instruments owned by BlackRock, Inc. and the entities referred to above amounts to 5.49% of the total number of shares and voting rights of Wärtsilä Corporation. The share stock of Wärtsilä Corporation consists of 591,723,390 shares, each entitling one vote.
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 | 5.40% | 0.08% | 5.49% | 591,723,390 |
| Position of previous notification (if applicable) | 5.16% | 0.10% | 5.26% |
Notified details of the resulting situation on the date on which the threshold was crossed or reached:
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 | 32,011,089 | 5.40% | ||
| SUBTOTAL A | 32,011,089 | 5.40% | ||
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 | 383,477 | 0.06% |
| CFD | N/A | N/A | Cash | 134,475 | 0.02% |
| SUBTOTAL B | 517,952 | 0.08% |
