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Stora Enso Oyj: Notification of Change in Holdings according to Chapter 9, Section 10 of the Finnish Securities Markets Act

Published 2024-04-12, 01:14 p/m

STORA ENSO OYJ STOCK EXCHANGE RELEASE 12 April 2024 at 17:30 EEST

HELSINKI, April 12, 2024 /PRNewswire/ -- Stora Enso (OTC:SEOAY) Oyj has received notifications  pursuant to chapter 9, section 5 of the Securities Market Act from  BlackRock, Inc.

On 10 April 2024, BlackRock (NYSE:BLK)'s total holding, including holding through financial instruments, in Stora Enso's shares fell below the 5 percent threshold.


% of shares and  

voting rights

(total of 7.A)

 

% of shares and voting

rights through financial

instruments  

(total of 7.B)                

Total of both in %

(7.A + 7.B)          

Resulting situation on  
the date on which
threshold was crossed
or reached

Below 5% shares

Below 5% voting rights          

Below 5% shares

Below 5% voting rights

Below 5% shares

Below 5% voting rights

Position of previous  
notification (if
applicable)

4.89% shares

Below 5% voting rights                        

0.13% shares

Below 5% voting rights                

5.03% shares

Below 5% voting rights        

 

 

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)                            

FI0009005961                      


Below 5% shares

Below 5% voting rights                                


Below 5% shares

Below 5% voting rights    

SUBTOTAL A                          

Below 5% shares

Below 5% voting rights

Below 5% shares

Below 5% voting rights

 

 

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
                 

American Depositary Receipt
(US86210M1062)

N/A      

N/A  

Physical                    

Below 5% shares

Below 5% voting rights      

Below 5% shares

Below 5% voting rights  

Securities Lent

N/A  

N/A

Physical            

Below 5% shares

Below 5% voting rights              

Below 5% shares

Below 5% voting rights      

CFD  

N/A

N/A

Cash                                

Below 5% shares

Below 5% voting rights            

Below 5% shares

Below 5% voting rights




SUBTOTAL B  

Below 5% shares

Below 5% voting rights    

Below 5% shares

Below 5% voting rights

 

On 9 April 2024, BlackRock's total holding, including holding through financial instruments, in Stora Enso's shares increased above the 5 percent threshold.


% of shares and  
voting rights
   

(total of 7.A)

% of shares and voting rights
through financial instruments
       

(total of 7.B)          

Total of both in %
(7.A + 7.B)
 

Resulting situation on the date on which
threshold was crossed or reached
 

4.89% shares

Below 5% voting rights    

0.13% shares

Below 5% voting rights                        

5.03% shares

Below 5% voting rights

Position of previous notification (if
applicable)
   

Below 5% shares

Below 5% voting rights

Below 5% shares

Below 5% voting rights                

Below 5% shares

Below 5% voting rights

 

 

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)                          

FI0009005961                            


38,637,910 shares

Below 5% voting rights  


4.89% shares

Below 5% voting rights                    

SUBTOTAL A                  

38,637,910 shares

Below 5% voting rights

4.89% shares

Below 5% voting rights      

 

 

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

American Depositary Receipt (US86210M1062)

N/A

N/A            

Physical

458,310 shares

Below 5% voting rights    

0.05% shares

Below 5% voting rights

Securities Lent

N/A

N/A          

Physical

560,370 shares

Below 5% voting rights

0.07% shares

Below 5% voting rights

CFD      

N/A

N/A        

Cash

22,200 shares

Below 5% voting rights

0.00% shares

Below 5% voting rights




SUBTOTAL B

1,040,880 shares

Below 5% voting rights

0.13% shares

Below 5% voting rights

 

On 28 March 2024, BlackRock's total holding, including holding through financial instruments, in Stora Enso's shares fell below the 5 percent threshold.


% of shares and voting rights        

(total of 7.A)        

% of shares and voting rights through financial instruments  

(total of 7.B)

Total of both in % (7.A + 7.B)                                        

Resulting situation on the date on which
threshold was crossed or reached

Below 5% shares

Below 5% voting rights

Below 5% shares

Below 5% voting rights

Below 5% shares

Below 5% voting rights

Position of previous notification (if
applicable)
           

4.97% shares

Below 5% voting rights

0.06% shares

Below 5% voting rights

5.03% shares

Below 5% voting rights

 

 

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)                            

FI0009005961                        


Below 5% shares

Below 5% voting rights                


Below 5% shares

Below 5% voting rights                                

SUBTOTAL A        

Below 5% shares

Below 5% voting rights        

Below 5% shares

Below 5% voting rights                            

 

 

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            

American Depositary Receipt (US86210M1062)              

N/A

N/A              

Physical

Below 5% shares

Below 5% voting rights

Below 5% shares

Below 5% voting rights

Securities Lent      

N/A

N/A                        

Physical

Below 5% shares

Below 5% voting rights

Below 5% shares

Below 5% voting rights

CFD                      

N/A

N/A            

Cash

Below 5% shares

Below 5% voting rights

Below 5% shares

Below 5% voting rights




SUBTOTAL B

Below 5% shares

Below 5% voting rights  

Below 5% shares

Below 5% voting rights

 

On 27 March 2024, BlackRock's total holding, including holding through financial instruments, in Stora Enso's shares increased above the 5 percent threshold.


% of shares and
voting rights  

(total of 7.A)            

% of shares and
voting rights
through financial instruments  

(total of 7.B)

Total of both in %

(7.A + 7.B)

Resulting situation on the date on which threshold was crossed or reached                      

4.97% shares

Below 5% voting rights

0.06% shares

Below 5% voting rights        

5.03% shares

Below 5% voting rights

Position of previous notification (if applicable)

Below 5% shares

Below 5% voting rights

Below 5% shares

Below 5% voting rights

Below 5% shares

Below 5% voting rights

 

 

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)                                  

FI0009005961


39,233,290 shares

Below 5% voting rights                


4.97% shares

Below 5% voting rights                            

SUBTOTAL A                        

39,233,290 shares

Below 5% voting rights

4.97% shares

Below 5% voting rights

 

 

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

American Depositary Receipt (US86210M1062)

N/A

N/A              

Physical

451,080 shares

Below 5% voting rights

0.05% shares

Below 5% voting rights

Securities Lent        

N/A

N/A          

Physical

33,360 shares

Below 5% voting rights

0.00% shares

Below 5% voting rights

CFD                  

N/A

N/A              

Cash

21,600 shares

Below 5% voting rights  

0.00% shares

Below 5% voting rights




SUBTOTAL B  

506,040 shares

Below 5% voting rights    

0.06% shares

Below 5% voting rights

 

Stora Enso has two series of shares. Each A share and every ten R shares carry one vote. Stora Enso has 176,086,829 A shares and 612,533,158 R shares in issue. The company does not hold its own shares. The total number of Stora Enso shares is 788,619,987 and the total number votes at least 237,340,144.

Full chain of controlled undertakings through which the voting rights and financial instruments are effectively held starting with the ultimate controlling natural person or legal entity is presented in the enclosed Annexes.

Part of the global bioeconomy, Stora Enso is a leading provider of renewable products in packaging, biomaterials and wooden construction, and one of the largest private forest owners in the world. We create value with our low-carbon and recyclable fiber-based products, through which we support our customers in meeting the demand for renewable sustainable products. Stora Enso has approximately 20,000 employees and our sales in 2023 were EUR 9.4 billion. Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R). In addition, the shares are traded in OTC Markets (OTCQX) in the USA as ADRs and ordinary shares (SEOAY, SEOFF, SEOJF). storaenso.com/investors  

STORA ENSO OYJ

CONTACT:

Investor enquiries:
Anna-Lena Åström
SVP Investor Relations
tel. +46 70 210 7691  

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/stora-enso-oyj/r/stora-enso-oyj--notification-of-change-in-holdings-according-to-chapter-9--section-10-of-the-finnish,c3961173

The following files are available for download:

https://mb.cision.com/Public/13589/3961173/a2ce8d8efa2184b3.pdf

ANNEX 2024-04-10

https://mb.cision.com/Public/13589/3961173/9e919ae2b080a18d.pdf

ANNEX 2024-03-27

https://mb.cision.com/Public/13589/3961173/bf4cac834ad45616.pdf

ANNEX 2024-03-28

https://mb.cision.com/Public/13589/3961173/8fb2b9ece5685886.pdf

ANNEX 2024-04-09

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