Stora Enso Oyj: Notification of Change in Holdings according to Chapter 9, Section 10 of the Finnish Securities Markets Act (25 December 2024)

Rhea-AI Summary

Stora Enso Oyj announced that BlackRock, Inc's holding in the company's shares decreased below the 5% threshold on December 25, 2024. The resulting situation shows BlackRock holding 4.76% of shares directly through 37,609,170 shares, and an additional 0.27% through financial instruments, totaling 5.04% of shares with voting rights below 5%.

The financial instruments include American Depositary Receipts (596,930 shares), Securities lent (1,036,720 shares), and CFDs (563,510 shares), totaling 2,197,160 shares. Stora Enso has two share series: 175,664,079 A shares and 612,955,908 R shares, with a total of 788,619,987 shares and at least 236,959,669 total votes.

STORA ENSO OYJ STOCK EXCHANGE RELEASE 27 December 2024 at 09:00 EET

HELSINKI, Dec. 27, 2024 /PRNewswire/ -- Stora Enso Oyj received a notification pursuant to chapter 9, section 5 of the Securities Market Act from BlackRock, Inc on 27 December 2024.

On 25 December 2024, BlackRock's holding in Stora Enso's shares decreased 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	4.76% shares Below 5% voting rights	0.27% shares Below 5% voting rights	5.04% 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 ISIN code (if possible)	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		37,609,170  shares Below 5% voting rights				4.76% shares Below 5% voting rights
SUBTOTAL A	37,609,170 shares Below 5% voting rights		4.76% 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	596,930 shares Below 5% voting rights	0.07% shares Below 5% voting rights
Securites lent	N7A	N/A	Physical	1,036,720 shares Below 5% voting rights	0.13% shares Below 5% voting rights
CFD	N/A	N/A	Cash	563,510 shares Below 5% voting rights	0.07% shares Below 5% voting rights
			SUBTOTAL B	2,197,160 shares Below 5% voting rights	0.27% 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 175,664,079 A shares and 612,955,908 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 236,959,669.

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

Stora Enso

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

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,c4086606

The following files are available for download:

https://mb.cision.com/Main/13589/4086606/3189711.pdf

STORA ENSO Class R_2024-12-25_Issuer

 

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SOURCE Stora Enso Oyj

FAQ

What triggered Stora Enso's (SEOAY) disclosure requirement on December 25, 2024?

BlackRock's holding in Stora Enso decreased below the 5% threshold, requiring notification under Finnish Securities Market Act Chapter 9, Section 5.

How many shares does BlackRock hold in Stora Enso (SEOAY) after December 25, 2024?

BlackRock holds 37,609,170 shares directly (4.76%) and additional shares through financial instruments (0.27%), totaling 5.04% of shares with voting rights below 5%.

What types of financial instruments does BlackRock use to hold Stora Enso (SEOAY) shares?

BlackRock holds Stora Enso shares through American Depositary Receipts (596,930 shares), Securities lent (1,036,720 shares), and CFDs (563,510 shares).

What is the current share structure of Stora Enso (SEOAY)?

Stora Enso has 175,664,079 A shares and 612,955,908 R shares, totaling 788,619,987 shares with at least 236,959,669 total votes.

How do voting rights work for Stora Enso's (SEOAY) different share classes?

Each A share carries one vote, and every ten R shares carry one vote in Stora Enso.