BlackRock, Inc. has informed Wärtsilä Corporation that BlackRock Investment Management (UK) Limited has purchased Wärtsilä shares on 16 September 2016, crossing above the 5% disclosure limit on shares and voting rights and on total holdings. Following the transaction BlackRock Investment Management (UK) Limited owns 5.00% of Wärtsilä’s shares and voting rights, while their total holding in Wärtsilä Corporation corresponds to 5.01%. 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 | 8.49% | 0.11% | 8.61% | 197,241,130 |
Position of previous notification (if applicable) | 8.38% | 0.14% | 8.52% |
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 |
|
16,759,588 |
|
8.49% |
SUBTOTAL A | 16,759,588 | 8.49% |
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 | 224,941 | 0.11% |
CFD | N/A | N/A | Cash | 7,621 | 0.00% |
SUBTOTAL B | 232,562 | 0.11% |