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

Rhea-AI Summary

BlackRock, Inc. notifications trigger Stora Enso Oyj shares holding changes, falling below and rising above 5% threshold. Stora Enso, part of the global bioeconomy, offers renewable products in packaging, biomaterials, and wooden construction. BlackRock's total holding details revealed through financial instruments.

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

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

On 10 April 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)	4.89% 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

View original content:https://www.prnewswire.com/news-releases/stora-enso-oyj-notification-of-change-in-holdings-according-to-chapter-9-section-10-of-the-finnish-securities-markets-act-302115595.html

SOURCE Stora Enso Oyj

FAQ

What triggered the change in Stora Enso Oyj shares holding?

BlackRock, Inc. notifications pursuant to chapter 9, section 5 of the Securities Market Act triggered the change in Stora Enso Oyj shares holding.

What is Stora Enso Oyj known for?

Stora Enso Oyj is known for being part of the global bioeconomy and a leading provider of renewable products in packaging, biomaterials, and wooden construction.

How many employees does Stora Enso Oyj have?

Stora Enso Oyj has approximately 20,000 employees.

Where are Stora Enso Oyj shares listed?

Stora Enso Oyj shares are listed on Nasdaq Helsinki Oy, Nasdaq Stockholm AB, and OTC Markets in the USA as ADRs and ordinary shares.