Helsinki, Finland, 2016-04-14 14:10 CEST (GLOBE NEWSWIRE) --
STORA ENSO OYJ MAJOR SHAREHOLDER ANNOUNCEMENT 14 April 2016 at 15.10 EET
Stora Enso Oyj received on 14 April 2016 a notification under the Chapter 9, Section 10 of the Securities Markets Act, according to which the holdings of Norges Bank’s (The Central bank of Norway) of Stora Enso’s shares fell below the threshold of 5% on 13 April 2016.
Total positions of Norges Bank according to the notification:
| % of shares and voting rights (total of A) | % of shares and voting rights through financial instruments (total of B) | Total of both in % (A + B) | Total number of shares and voting rights of issuer | |
| Resulting situation on the date on which threshold was crossed or reached |
Shares: 4.91% Voting: 1.63% |
Shares: 0.13% Voting: 0.04% |
Shares: 5.04% Voting: 1.67% |
788 619 987 shares 237 718 379 voting rights |
| Position of previous notification (if applicable) |
Shares: 5.12% Voting: 1.69% |
N/A | N/A |
Notified details of the resulting situation on the date on which the threshold was crossed or reached:
A: Shares and voting rights
| Class/type of shares | Number of shares and voting rights | Number of shares and voting rights | % of shares and voting rights | % of shares and voting rights |
| ISIN code (if possible) | Direct (SMA 9:5) | Indirect (SMA 9:6 and 9:7) | Direct (SMA 9:5) | Indirect (SMA 9:6 and 9:7 |
| FI0009005961 | 38 693 177 shares | 4.91% of shares | ||
| SUBTOTAL A | 38 693 177 shares | 4.91% of shares |
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 |
| Shares on loan (right to recall) | N/A | At any time | N/A | 1 000 000 shares | 0.13% of shares |
| SUBTOTAL B | 1 000 000 shares | 0.13% of shares |
For further information, please contact:
Ulla Paajanen-Sainio, SVP, Investor Relations, tel. +358 2046 21242
Stora Enso is a leading provider of renewable solutions in packaging, biomaterials, wooden constructions and paper on global markets. Our aim is to replace fossil based materials by innovating and developing new products and services based on wood and other renewable materials. We employ some 26 000 people in more than 35 countries, and our sales in 2015 were EUR 10.0 billion. Stora Enso shares are listed on Nasdaq Helsinki (STEAV, STERV) and Nasdaq Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY) on the International OTCQX over-the-counter market. storaenso.com
STORA ENSO OYJ