UPM-Kymmene Corporation Stock Exchange Release 20 April 2016 at 10:45 EET
Norges Bank's holding of UPM shares and voting rights through financial instruments has gone below the threshold of 5 per cent
UPM-Kymmene Corporation has on 19 April 2016 received an announcement under Chapter 9, Section 6 a of the Securities Markets Act, according to which Norges Bank's (The Central Bank of Norway) holding of UPM shares and voting rights through financial instruments has gone below the threshold of 5 per cent on 18 April 2016.
According to the announcement, Norges Bank's holding of UPM shares and voting rights through financial instruments has decreased to 26,469,887 shares, corresponding to 4.96 per cent of UPM shares and voting rights. The total number of UPM shares and voting rights owned directly or through financial instruments by Norges Bank was 7.54 per cent on 18 April 2016. UPM's registered total number of shares and voting rights amounting to 533,735,699 has been used in the calculation of percentages for the announcement.
Total positions of Norges Bank subject to the notification:
Notified details of the resulting situation on the date on which the threshold was crossed or reached:
A: Shares and voting rights
B: Financial Instruments according to SMA 9:6a
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.
UPM-Kymmene CorporationPirkko HarrelaExecutive Vice President, Stakeholder Relations
UPM, Media Relations 9.00-16.00 EETtel. +358 40 588 3284 email@example.com
UPMThrough the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Paper Asia, UPM Paper Europe and North America and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,600 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - www.upm.com