Stora Enso Oyj: Notification of Change in Holdings according to Chapter 9, Section 10 of the Finnish Securities Markets Act (11 December 2024)
STORA ENSO OYJ STOCK EXCHANGE RELEASE 13 December 2024 at 8:30 EET
Stora Enso Oyj received a notification pursuant to chapter 9, section 5 of the Securities Market Act from BlackRock, Inc on 12 December 2024.
On 11 December 2024, BlackRock's holding in Stora Enso's shares increased above the 5 percent threshold.
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| % of shares and voting rights | % of shares and voting rights through financial instruments | Total of both in % (7.A + 7.B) |
| Resulting situation on the date on which threshold was crossed or reached | 5.01% shares Below 5% voting rights | 0.15% shares Below 5% voting rights | 5.16% shares Below 5% voting rights |
| Position of previous notification (if applicable) | 4.38% shares Below 5% voting rights | 0.97% shares Below 5% voting rights | 5.35% shares Below 5% voting rights |
| A: Shares and voting rights | ||||||
| Class/type of 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 |
| 39,521,030 shares Below 5% voting rights |
| 5.01% shares Below 5% voting rights | ||
| SUBTOTAL A | 39,521,030 shares Below 5% voting rights | 5.01% shares Below 5% voting rights | ||||
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| B: Financial Instruments according to SMA 9:6a | ||||||
| Type of financial instrument | Expiration | Exercise/ | Physical or cash settlement | Number of shares and voting rights | % of shares and voting rights | |
| American Depositary Receipt (US86210M1062) | N/A | N/A | Physical | 595,910 shares Below 5% voting rights | 0.07% shares Below 5% voting rights | |
| Securities Lent | N/A | N/A | Physical | 70,090 shares Below 5% voting rights | 0.00% shares Below 5% voting rights | |
| CFD | N/A | N/A | Cash | 568,990 shares Below 5% voting rights | 0.07% shares Below 5% voting rights | |
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| SUBTOTAL B | 1,234,990 shares Below 5% voting rights | 0.15% 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 175 726 507 A shares and 612 893 480 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 237,015,855.
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 annex.
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