Notification in accordance with the Finnish Securities Market Act Chapter 9 § 5: BlackRock Investment Management (UK) Limited increased holding in Wärtsilä Corporation
Wärtsilä Corporation Company Announcement 29 April 2016 at 10:30 am EET
BlackRock, Inc. has informed Wärtsilä Corporation that BlackRock Investment Management (UK) Limited has purchased Wärtsilä shares on 27 April 2016 and now owns more than one twentieth (1/20) of the company's votes. Following the transaction BlackRock Investment Management (UK) Limited owns 5.01% of Wärtsilä's share capital and total votes. 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 | 8.05% | 0.56% | 8.62% | 197,241,130 |
| Position of previous notification (if applicable) | 5.08% | N/A | 5.08% |
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 | 15,894,722 | 8.05% | ||
| SUBTOTAL A | 15,894,722 | 8.05% | ||
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 | 1,113,998 | 0.56% |
| CFD | N/A | N/A | Cash | 8,722 | 0.00% |
| SUBTOTAL B | 1,122,720 | 0.56% |
HUG#2008284