​​Flaggings


Shareholders have an obligation to notify both the Financial Supervisory Authority (FSA) and UPM of changes in their holdings. UPM has an obligation to publicly disclose the shareholder's notification.

Under the provisions of the Securities Markets Act, changes in holdings must be disclosed when the holding reaches, exceeds or falls below 5, 10, 15, 20, 25, 30, 50 or 66.7 (2/3) per cent of the voting rights or the number of shares of the company. Notifications of changes in holdings must be made without undue delay.

Please find more information on the Financial Supervisory Authority's web page.

The flagging notifications to UPM can be sent by email to notifications(at)upm.com .

Major shareholders' announcements:

 

 

Holding of JPMorgan Chase & Co. in UPM has gone below the threshold of 5 per cent2016-12-07T11:30:00Z<p class="hugin">UPM-Kymmene Corporation&#160;&#160; Stock Exchange Release&#160;&#160; 7 December 2016 at 13&#58;30 EET </p> <p class="hugin"><b class="hugin">Holding of JPMorgan Chase &amp; Co. in UPM has gone below the threshold of 5 per cent</b></p> <p class="hugin">UPM-Kymmene Corporation has on 6 December 2016 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which the holding of JPMorgan Chase &amp; Co. in UPM shares and voting rights has gone below the threshold of 5 per cent on 5 December 2016.</p> <p class="hugin">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.</p> <p class="hugin">Total positions of JPMorgan Chase &amp; Co.&#58;</p> <table cellpadding="0" cellspacing="0" class="hugin" id="hugin_table_0" style="border-collapse&#58;collapse;"> <tbody class="hugin"> <tr class="hugin"> <td class="hugin" style="border-style&#58;solid;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights (total of A)</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights through financial instruments (total of B)</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Total of both in %</b><br class="hugin"><b class="hugin">(A + B)</b> </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> Resulting situation on the date on which threshold was crossed or reached </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> Below 5% threshold </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> Below 5% threshold </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> Below 5% threshold </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> Position of previous notification (if applicable) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 6.56% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 0.06% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 6.62% </td> </tr> </tbody> </table> <p class="hugin">Notified details of the resulting situation on the date on which the threshold was crossed or reached&#58;</p> <p class="hugin"><b class="hugin">A&#58; Shares and voting rights</b></p> <table cellpadding="0" cellspacing="0" class="hugin" id="hugin_table_1" style="border-collapse&#58;collapse;"> <tbody class="hugin"> <tr class="hugin"> <td class="hugin" style="border-style&#58;solid;border-width&#58;1px;" valign="top"> <b class="hugin">Class/type of shares</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Number of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Number of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights</b> </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> ISIN code (if possible) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Direct</b> (SMA 9&#58;5) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Indirect</b> (SMA 9&#58;6 and 9&#58;7) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Direct</b> (SMA 9&#58;5) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Indirect</b> (SMA 9&#58;6 and 9&#58;7) </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> FI0009005987 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> Below 5% threshold </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> Below 5% threshold </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> <b class="hugin">SUBTOTAL A</b> </td> <td class="hugin" colspan="2" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> Below 5% threshold </td> <td class="hugin" colspan="2" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> Below 5% threshold </td> </tr> </tbody> </table> <p class="hugin"><b class="hugin">B&#58; Financial Instruments according to SMA 9&#58;6a</b></p> <table cellpadding="0" cellspacing="0" class="hugin" id="hugin_table_2" style="border-collapse&#58;collapse;"> <tbody class="hugin"> <tr class="hugin"> <td class="hugin" style="border-style&#58;solid;border-width&#58;1px;" valign="top"> <b class="hugin">Type of financial instrument</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Expiration date</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Exercise/Conversion period</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Physical or cash settlement</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Number of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights</b> </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">SUBTOTAL B</b> </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> </tr> </tbody> </table> <p class="hugin">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&#58;</p> <table cellpadding="0" cellspacing="0" class="hugin" id="hugin_table_3" style="border-collapse&#58;collapse;"> <tbody class="hugin"> <tr class="hugin"> <td class="hugin" style="border-style&#58;solid;border-width&#58;1px;" valign="top"> <b class="hugin">Name</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights through financial instruments</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Total of both</b> </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> J.P. Morgan International Bank Limited </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> Below 5% threshold </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> Below 5% threshold </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> J.P. Morgan Investment Management Inc.<br class="hugin"> &#160;<br class="hugin"> J.P. Morgan Trust Company of Delaware </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> Below 5% threshold<br class="hugin"> &#160;<br class="hugin"> &#160;<br class="hugin"> Below 5% threshold </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> Below 5% threshold<br class="hugin"> &#160;<br class="hugin"> &#160;<br class="hugin"> Below 5% threshold </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> Below 5% threshold<br class="hugin"> &#160;<br class="hugin"> &#160;<br class="hugin"> Below 5% threshold </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> JPMorgan Asset Management (Taiwan) Limited </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> Below 5% threshold </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> Below 5% threshold </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> JPMorgan Asset Management (UK) Limited </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> Below 5% threshold </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> Below 5% threshold </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> Below 5% threshold </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> JPMorgan Chase Bank, National Association<br class="hugin"> &#160;<br class="hugin"> J.P. Morgan (Suisse) SA </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> Below 5% threshold<br class="hugin"> &#160;<br class="hugin"> &#160;<br class="hugin"> Below 5% threshold </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> Below 5% threshold </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> Below 5% threshold<br class="hugin"> &#160;<br class="hugin"> &#160;<br class="hugin"> Below 5% threshold </td> </tr> </tbody> </table> <p class="hugin">UPM-Kymmene Corporation<br class="hugin">Pirkko Harrela<br class="hugin">Executive Vice President, Stakeholder Relations</p> <p class="hugin"><b class="hugin">UPM, Media Relations </b><br class="hugin">Mon-Fri 9&#58;00-16&#58;00 EET<br class="hugin">tel. +358 40 588 3284<a class="hugin" href="#">&#160; &#160;</a> <br class="hugin"><a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA 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 - <a class="hugin" href="http&#58;//www.upm.com" target="_blank">www.upm.com</a></p> <p class="hugin"><u class="hugin">Follow UPM on </u><a class="hugin" href="http&#58;//www.twitter.com/UPM_News" target="_blank">Twitter</a> | <a class="hugin" href="http&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a class="hugin" href="http&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> | <a class="hugin" href="https&#58;//www.upmbiofore.com/" target="_blank">upmbiofore.com</a></p> GP0|#0974d7df-c945-40e3-9f11-5bc03bf87466;L0|#00974d7df-c945-40e3-9f11-5bc03bf87466|Stock exchange release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
Norges Bank's holding in UPM has gone below the threshold of 5 per cent2016-12-05T16:15:00Z<p class="hugin">UPM-Kymmene Corporation&#160;&#160; Stock Exchange Release&#160;&#160; 5 December 2016 at 18&#58;15 EET </p> <p class="hugin"><b class="hugin">Norges Bank's holding in UPM has gone below the threshold of 5 per cent</b></p> <p class="hugin">UPM-Kymmene Corporation has on 5 December 2016 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which Norges Bank's (The Central Bank of Norway) holding of UPM shares and voting rights has gone below the threshold of 5 per cent on 2 December 2016.</p> <p class="hugin">According to the announcement, Norges Bank's holding in UPM has decreased to 26,487,024 shares, corresponding to 4.96 per cent of UPM shares and voting rights. The total number of UPM shares and voting rights owned directly by Norges Bank was 4.96 per cent on 2 December 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.</p> <p class="hugin">Total positions of Norges Bank&#58;</p> <table cellpadding="0" cellspacing="0" class="hugin" id="hugin_table_0" style="border-collapse&#58;collapse;"> <tbody class="hugin"> <tr class="hugin"> <td class="hugin" style="border-style&#58;solid;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights (total of A)</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights through financial instruments (total of B)</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Total of both in %</b><br class="hugin"><b class="hugin">(A + B)</b> </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> Resulting situation on the date on which threshold was crossed or reached </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 4.96% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 0% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 4.96% </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> Position of previous notification (if applicable) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 5.31% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 2.23% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 7.54% </td> </tr> </tbody> </table> <p class="hugin">Notified details of the resulting situation on the date on which the threshold was crossed or reached&#58;</p> <p class="hugin"><b class="hugin">A&#58; Shares and voting rights</b></p> <table cellpadding="0" cellspacing="0" class="hugin" id="hugin_table_1" style="border-collapse&#58;collapse;"> <tbody class="hugin"> <tr class="hugin"> <td class="hugin" style="border-style&#58;solid;border-width&#58;1px;" valign="top"> <b class="hugin">Class/type of shares</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Number of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Number of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights</b> </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> ISIN code (if possible) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Direct</b> (SMA 9&#58;5) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Indirect</b> (SMA 9&#58;6 and 9&#58;7) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Direct</b> (SMA 9&#58;5) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Indirect</b> (SMA 9&#58;6 and 9&#58;7) </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> FI0009005987 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 26,487,024 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 4.96% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> <b class="hugin">SUBTOTAL A</b> </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 26,487,024 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 4.96% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> </tr> </tbody> </table> <p class="hugin"><b class="hugin">B&#58; Financial Instruments according to SMA 9&#58;6a</b></p> <table cellpadding="0" cellspacing="0" class="hugin" id="hugin_table_2" style="border-collapse&#58;collapse;"> <tbody class="hugin"> <tr class="hugin"> <td class="hugin" style="border-style&#58;solid;border-width&#58;1px;" valign="top"> <b class="hugin">Type of financial instrument</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Expiration date</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Exercise/Conversion period</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Physical or cash settlement</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Number of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights</b> </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> N/A </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> N/A </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> N/A </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> N/A </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> N/A </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">SUBTOTAL B</b> </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> N/A </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> N/A </td> </tr> </tbody> </table> <p class="hugin">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.</p> <p class="hugin">UPM-Kymmene Corporation<br class="hugin">Pirkko Harrela<br class="hugin">Executive Vice President, Stakeholder Relations</p> <p class="hugin"><b class="hugin">UPM, Media Relations </b><br class="hugin">Mon-Fri 9&#58;00-16&#58;00 EET<br class="hugin">tel. +358 40 588 3284<a class="hugin" href="#">&#160; &#160;</a> <br class="hugin"><a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA 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 - <a class="hugin" href="http&#58;//www.upm.com" target="_blank">www.upm.com</a></p> <p class="hugin"><u class="hugin">Follow UPM on </u><a class="hugin" href="http&#58;//www.twitter.com/UPM_News" target="_blank">Twitter</a> | <a class="hugin" href="http&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a class="hugin" href="http&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a> | <a class="hugin" href="https&#58;//www.upmbiofore.com/" target="_blank">upmbiofore.com</a></p> GP0|#0974d7df-c945-40e3-9f11-5bc03bf87466;L0|#00974d7df-c945-40e3-9f11-5bc03bf87466|Stock exchange release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
BlackRock's shareholding in UPM has gone above the threshold of 5 per cent2016-06-02T12:15:00Z<p class="hugin">UPM-Kymmene Corporation&#160;&#160; Stock Exchange Release&#160;&#160; 2 June 2016 at 15&#58;15 EET </p> <p class="hugin"><b class="hugin">BlackRock's shareholding in UPM has gone above the threshold of 5 per cent</b></p> <p class="hugin">UPM-Kymmene Corporation has on 2 June 2016 received a notification under Chapter 9, Section 5 of the Securities Markets Act, according to which BlackRock, Inc.'s holding of UPM shares and voting rights has gone above the threshold of 5 per cent on 1 June 2016.</p> <p class="hugin">According to the notification, BlackRock, Inc.'s indirect shareholding in UPM has increased to 27,613,242 shares, corresponding to 5.17 per cent of UPM shares and voting rights. The total number of UPM shares and voting rights owned directly or through financial instruments by BlackRock, Inc. and its funds was 5.88 per cent on 1 June 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 notification.</p> <p class="hugin">Total positions of BlackRock, Inc. and its funds subject to the notification&#58;</p> <table cellpadding="0" cellspacing="0" class="hugin" id="hugin_table_0" style="border-collapse&#58;collapse;border-style&#58;none;"> <tbody class="hugin"> <tr class="hugin"> <td class="hugin" style="border-style&#58;solid;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights (total of A)</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights through financial instruments (total of B)</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Total of both in %</b><br class="hugin"><b class="hugin">(A + B)</b> </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> Resulting situation on the date on which threshold was crossed or reached </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 5.17% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 0.71% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 5.88% </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> Position of previous notification (if applicable) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 4.96% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 0.81% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 5.77% </td> </tr> </tbody> </table> <p class="hugin">Notified details of the resulting situation on the date on which the threshold was crossed or reached&#58;</p> <p class="hugin"><b class="hugin">A&#58; Shares and voting rights</b></p> <table cellpadding="0" cellspacing="0" class="hugin" id="hugin_table_1" style="border-collapse&#58;collapse;border-style&#58;none;"> <tbody class="hugin"> <tr class="hugin"> <td class="hugin" style="border-style&#58;solid;border-width&#58;1px;" valign="top"> <b class="hugin">Class/type of shares</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Number of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Number of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights</b> </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> ISIN code (if possible) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Direct</b> (SMA 9&#58;5) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Indirect</b> (SMA 9&#58;6 and 9&#58;7) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Direct</b> (SMA 9&#58;5) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Indirect</b> (SMA 9&#58;6 and 9&#58;7) </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> FI0009005987 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 27,613,242 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 5.17% </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> <b class="hugin">SUBTOTAL A</b> </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 27,613,242 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 5.17% </td> </tr> </tbody> </table> <p class="hugin"><b class="hugin">B&#58; Financial Instruments according to SMA 9&#58;6a</b></p> <table cellpadding="0" cellspacing="0" class="hugin" id="hugin_table_2" style="border-collapse&#58;collapse;border-style&#58;none;"> <tbody class="hugin"> <tr class="hugin"> <td class="hugin" style="border-style&#58;solid;border-width&#58;1px;" valign="top"> <b class="hugin">Type of financial instrument</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Expiration date</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Exercise/Conversion period</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Physical or cash settlement</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Number of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights</b> </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> Securities Lent </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> N/A </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> N/A </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> Physical </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 2,124,962 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 0.39% </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> CFD </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> N/A </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> N/A </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> Cash </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 1,681,830 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 0.31% </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">SUBTOTAL B</b> </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 3,806,792 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 0.71% </td> </tr> </tbody> </table> <p class="hugin">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.</p> <p class="hugin">UPM-Kymmene Corporation<br class="hugin">Pirkko Harrela<br class="hugin">Executive Vice President, Stakeholder Relations</p> <p class="hugin"><b class="hugin">UPM, Media Relations </b><br class="hugin">9.00-16.00 EET<br class="hugin">tel. +358 40 588 3284 <br class="hugin"><a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin"><a class="hugin" href="http&#58;//www.twitter.com/UPM_News" target="_blank">www.twitter.com/UPM_News</a><br class="hugin"><a class="hugin" href="http&#58;//www.facebook.com/UPMGlobal" target="_blank">www.facebook.com/UPMGlobal</a><br class="hugin"><a class="hugin" href="http&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">www.linkedin.com/company/upm-kymmene</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; 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 - <a class="hugin" href="/Pages/default.aspx" target="_blank">www.upm.com</a></p> <p><a href="http&#58;//hugin.info/165629/R/2017556/748637.pdf" target="_blank">Chain of undertakings - BlackRock</a></p>GP0|#0974d7df-c945-40e3-9f11-5bc03bf87466;L0|#00974d7df-c945-40e3-9f11-5bc03bf87466|Stock exchange release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
BlackRock's shareholding in UPM has gone below the threshold of 5 per cent2016-05-31T13:30:00Z<p class="hugin">UPM-Kymmene Corporation&#160;&#160; Stock Exchange Release&#160;&#160; 31 May 2016 at 16&#58;30 EET </p> <p class="hugin"><b class="hugin">BlackRock's shareholding in UPM has gone below the threshold of 5 per cent</b></p> <p class="hugin">UPM-Kymmene Corporation has on 31 May 2016 received a notification under Chapter 9, Section 5 of the Securities Markets Act, according to which BlackRock, Inc.'s holding of UPM shares and voting rights has gone below the threshold of 5 per cent on 30 May 2016.</p> <p class="hugin">According to the notification, BlackRock, Inc.'s indirect shareholding in UPM has decreased to 26,485,988 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 BlackRock, Inc. and its funds was 5.77 per cent on 30 May 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 notification.</p> <p class="hugin">Total positions of BlackRock, Inc. and its funds subject to the notification&#58;</p> <table cellpadding="0" cellspacing="0" class="hugin" id="hugin_table_0" style="border-collapse&#58;collapse;border-style&#58;none;"> <tbody class="hugin"> <tr class="hugin"> <td class="hugin" style="border-style&#58;solid;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights (total of A)</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights through financial instruments (total of B)</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Total of both in %</b><br class="hugin"><b class="hugin">(A + B)</b> </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> Resulting situation on the date on which threshold was crossed or reached </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 4.96% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 0.81% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 5.77% </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> Position of previous notification (if applicable) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 5.09% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 0.62% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 5.71% </td> </tr> </tbody> </table> <p class="hugin">Notified details of the resulting situation on the date on which the threshold was crossed or reached&#58;</p> <p class="hugin"><b class="hugin">A&#58; Shares and voting rights</b></p> <table cellpadding="0" cellspacing="0" class="hugin" id="hugin_table_1" style="border-collapse&#58;collapse;border-style&#58;none;"> <tbody class="hugin"> <tr class="hugin"> <td class="hugin" style="border-style&#58;solid;border-width&#58;1px;" valign="top"> <b class="hugin">Class/type of shares</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Number of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Number of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights</b> </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> ISIN code (if possible) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Direct</b> (SMA 9&#58;5) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Indirect</b> (SMA 9&#58;6 and 9&#58;7) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Direct</b> (SMA 9&#58;5) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Indirect</b> (SMA 9&#58;6 and 9&#58;7) </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> FI0009005987 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 26,485,988 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 4.96% </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> <b class="hugin">SUBTOTAL A</b> </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 26,485,988 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 4.96% </td> </tr> </tbody> </table> <p class="hugin"><b class="hugin">B&#58; Financial Instruments according to SMA 9&#58;6a</b></p> <table cellpadding="0" cellspacing="0" class="hugin" id="hugin_table_2" style="border-collapse&#58;collapse;border-style&#58;none;"> <tbody class="hugin"> <tr class="hugin"> <td class="hugin" style="border-style&#58;solid;border-width&#58;1px;" valign="top"> <b class="hugin">Type of financial instrument</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Expiration date</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Exercise/Conversion period</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Physical or cash settlement</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Number of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights</b> </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> Securities Lent </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> N/A </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> N/A </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> Physical </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 2,742,346 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 0.51% </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> CFD </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> N/A </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> N/A </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> Cash </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 1,621,070 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 0.30% </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">SUBTOTAL B</b> </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 4,363,416 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 0.81% </td> </tr> </tbody> </table> <p class="hugin">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.</p> <p class="hugin">UPM-Kymmene Corporation<br class="hugin">Pirkko Harrela<br class="hugin">Executive Vice President, Stakeholder Relations</p> <p class="hugin"><b class="hugin">UPM, Media Relations </b><br class="hugin">9.00-16.00 EET<br class="hugin">tel. +358 40 588 3284 <br class="hugin"><a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Paper Asia, UPM Paper ENA 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 - <a class="hugin" href="/Pages/default.aspx" target="_blank">www.upm.com</a></p> <p class="hugin"><u class="hugin">Follow UPM on</u> <a class="hugin" href="https&#58;//twitter.com/UPM_News" target="_blank">Twitter</a> | <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a></p> <p><a href="http&#58;//hugin.info/165629/R/2016831/748149.pdf" target="_blank">Chain of controlled undertakings - BlackRock, Inc.</a></p>GP0|#0974d7df-c945-40e3-9f11-5bc03bf87466;L0|#00974d7df-c945-40e3-9f11-5bc03bf87466|Stock exchange release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
BlackRock's shareholding in UPM has gone above the threshold of 5 per cent2016-05-16T11:15:00Z<p class="hugin">UPM-Kymmene Corporation&#160;&#160; Stock Exchange Release&#160;&#160; 16 May 2016 at 14&#58;15 EET </p> <p class="hugin"><b class="hugin">BlackRock's shareholding in UPM has gone above the threshold of 5 per cent</b></p> <p class="hugin">UPM-Kymmene Corporation has on 16 May 2016 received a notification under Chapter 9, Section 5 of the Securities Markets Act, according to which BlackRock, Inc.'s holding of UPM shares and voting rights has gone above the threshold of 5 per cent on 13 May 2016.</p> <p class="hugin">According to the notification, BlackRock, Inc.'s indirect shareholding in UPM has increased to 27,189,731 shares, corresponding to 5.09 per cent of UPM shares and voting rights. The total number of UPM shares and voting rights owned directly or through financial instruments by BlackRock, Inc. and its funds was 5.71 per cent on 13 May 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.</p> <p class="hugin">Total positions of BlackRock, Inc. and its funds subject to the notification obligation&#58;</p> <table cellpadding="0" cellspacing="0" class="hugin" id="hugin_table_0" style="border-collapse&#58;collapse;border-style&#58;none;"> <tbody class="hugin"> <tr class="hugin"> <td class="hugin" style="border-style&#58;solid;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights (total of A)</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights through financial instruments (total of B)</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Total of both in %</b><br class="hugin"><b class="hugin">(A + B)</b> </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> Resulting situation on the date on which threshold was crossed or reached </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 5.09% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 0.62% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 5.71% </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> Position of previous notification (if applicable) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 4.94% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 0.59% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 5.54% </td> </tr> </tbody> </table> <p class="hugin">Notified details of the resulting situation on the date on which the threshold was crossed or reached&#58;</p> <p class="hugin"><b class="hugin">A&#58; Shares and voting rights</b></p> <table cellpadding="0" cellspacing="0" class="hugin" id="hugin_table_1" style="border-collapse&#58;collapse;border-style&#58;none;"> <tbody class="hugin"> <tr class="hugin"> <td class="hugin" style="border-style&#58;solid;border-width&#58;1px;" valign="top"> <b class="hugin">Class/type of shares</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Number of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Number of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights</b> </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> ISIN code (if possible) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Direct</b> (SMA 9&#58;5) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Indirect</b> (SMA 9&#58;6 and 9&#58;7) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Direct</b> (SMA 9&#58;5) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Indirect</b> (SMA 9&#58;6 and 9&#58;7) </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> FI0009005987 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 27,189,731 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 5.09% </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> <b class="hugin">SUBTOTAL A</b> </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 27,189,731 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 5.09% </td> </tr> </tbody> </table> <p class="hugin"><b class="hugin">B&#58; Financial Instruments according to SMA 9&#58;6a</b></p> <table cellpadding="0" cellspacing="0" class="hugin" id="hugin_table_2" style="border-collapse&#58;collapse;border-style&#58;none;"> <tbody class="hugin"> <tr class="hugin"> <td class="hugin" style="border-style&#58;solid;border-width&#58;1px;" valign="top"> <b class="hugin">Type of financial instrument</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Expiration date</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Exercise/Conversion period</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Physical or cash settlement</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Number of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights</b> </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> Securities Lent </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> N/A </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> N/A </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> Physical </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 2,035,858 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 0.38% </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> CFD </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> N/A </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> N/A </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> Cash </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 1,283,657 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 0.24% </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">SUBTOTAL B</b> </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 3,319,515 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 0.62% </td> </tr> </tbody> </table> <p class="hugin">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.</p> <p class="hugin">UPM-Kymmene Corporation<br class="hugin">Pirkko Harrela<br class="hugin">Executive Vice President, Stakeholder Relations</p> <p class="hugin"><b class="hugin">UPM, Media Relations </b><br class="hugin">9.00-16.00 EET<br class="hugin">tel. +358 40 588 3284 <br class="hugin"><a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Paper Asia, UPM Paper ENA 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 - <a class="hugin" href="/Pages/default.aspx" target="_blank">www.upm.com</a></p> <p class="hugin"><u class="hugin">Follow UPM on</u> <a class="hugin" href="https&#58;//twitter.com/UPM_News" target="_blank">Twitter</a> | <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a></p> <p><a href="http&#58;//hugin.info/165629/R/2012937/745851.pdf" target="_blank">Chain of controlled undertakings - BlackRock, Inc.</a></p>GP0|#0974d7df-c945-40e3-9f11-5bc03bf87466;L0|#00974d7df-c945-40e3-9f11-5bc03bf87466|Stock exchange release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
BlackRock's shareholding in UPM has gone below the threshold of 5 per cent2016-05-12T14:30:00Z<p class="hugin">UPM-Kymmene Corporation&#160;&#160; Stock Exchange Release&#160;&#160; 12 May 2016 at 17&#58;30 EET </p> <p class="hugin"><b class="hugin">BlackRock's shareholding in UPM has gone below the threshold of 5 per cent</b></p> <p class="hugin">UPM-Kymmene Corporation has on 12 May 2016 received a notification under Chapter 9, Section 5 of the Securities Markets Act, according to which BlackRock, Inc.'s holding of UPM shares and voting rights has gone below the threshold of 5 per cent on 11 May 2016.</p> <p class="hugin">According to the notification, BlackRock, Inc.'s indirect shareholding in UPM has decreased to 26,407,100 shares, corresponding to 4.94 per cent of UPM shares and voting rights. The total number of UPM shares and voting rights owned directly or through financial instruments by BlackRock, Inc. and its funds was 5.54 per cent on 11 May 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.</p> <p class="hugin">Total positions of BlackRock, Inc. and its funds subject to the notification obligation&#58;</p> <table cellpadding="0" cellspacing="0" class="hugin" id="hugin_table_0" style="border-collapse&#58;collapse;border-style&#58;none;"> <tbody class="hugin"> <tr class="hugin"> <td class="hugin" style="border-style&#58;solid;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights (total of A)</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights through financial instruments (total of B)</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Total of both in %</b><br class="hugin"><b class="hugin">(A + B)</b> </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> Resulting situation on the date on which threshold was crossed or reached </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 4.94% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 0.59% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 5.54% </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> Position of previous notification (if applicable) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 5.09% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 0.41% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 5.50% </td> </tr> </tbody> </table> <p class="hugin">Notified details of the resulting situation on the date on which the threshold was crossed or reached&#58;</p> <p class="hugin"><b class="hugin">A&#58; Shares and voting rights</b></p> <table cellpadding="0" cellspacing="0" class="hugin" id="hugin_table_1" style="border-collapse&#58;collapse;border-style&#58;none;"> <tbody class="hugin"> <tr class="hugin"> <td class="hugin" style="border-style&#58;solid;border-width&#58;1px;" valign="top"> <b class="hugin">Class/type of shares</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Number of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Number of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights</b> </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> ISIN code (if possible) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Direct</b> (SMA 9&#58;5) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Indirect</b> (SMA 9&#58;6 and 9&#58;7) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Direct</b> (SMA 9&#58;5) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Indirect</b> (SMA 9&#58;6 and 9&#58;7) </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> FI0009005987 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 26,407,100 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 4.94% </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> <b class="hugin">SUBTOTAL A</b> </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 26,407,100 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 4.94% </td> </tr> </tbody> </table> <p class="hugin"><b class="hugin">B&#58; Financial Instruments according to SMA 9&#58;6a</b></p> <table cellpadding="0" cellspacing="0" class="hugin" id="hugin_table_2" style="border-collapse&#58;collapse;border-style&#58;none;"> <tbody class="hugin"> <tr class="hugin"> <td class="hugin" style="border-style&#58;solid;border-width&#58;1px;" valign="top"> <b class="hugin">Type of financial instrument</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Expiration date</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Exercise/Conversion period</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Physical or cash settlement</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Number of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights</b> </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> Securities Lent </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> N/A </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> N/A </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> Physical </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 2,028,098 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 0.37% </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> CFD </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> N/A </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> N/A </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> Cash </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 1,170,810 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 0.21% </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">SUBTOTAL B</b> </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 3,198,908 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 0.59% </td> </tr> </tbody> </table> <p class="hugin">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.</p> <p class="hugin">UPM-Kymmene Corporation<br class="hugin">Pirkko Harrela<br class="hugin">Executive Vice President, Stakeholder Relations</p> <p class="hugin"><b class="hugin">UPM, Media Relations </b><br class="hugin">9.00-16.00 EET<br class="hugin">tel. +358 40 588 3284 <br class="hugin"><a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; UPM Biorefining, UPM Energy, UPM Raflatac, UPM Paper Asia, UPM Paper ENA 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 - <a class="hugin" href="/Pages/default.aspx" target="_blank">www.upm.com</a></p> <p class="hugin"><u class="hugin">Follow UPM on</u> <a class="hugin" href="https&#58;//twitter.com/UPM_News" target="_blank">Twitter</a> | <a class="hugin" href="https&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">LinkedIn</a> | <a class="hugin" href="https&#58;//www.facebook.com/UPMGlobal" target="_blank">Facebook</a> | <a class="hugin" href="https&#58;//www.youtube.com/user/upmdotcom" target="_blank">YouTube</a> | <a class="hugin" href="https&#58;//www.instagram.com/upmbiofore/" target="_blank">Instagram</a></p> <p><a href="http&#58;//hugin.info/165629/R/2012321/745359.pdf" target="_blank">Chain of controlled undertakings - BlackRock, Inc.</a></p>GP0|#0974d7df-c945-40e3-9f11-5bc03bf87466;L0|#00974d7df-c945-40e3-9f11-5bc03bf87466|Stock exchange release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
Norges Bank's shareholding in UPM has gone above the threshold of 5 per cent2016-04-22T14:15:00Z<p class="hugin">UPM-Kymmene Corporation&#160;&#160; Stock Exchange Release&#160;&#160; 22 April 2016 at 17&#58;15 EET </p> <p class="hugin"><b class="hugin">Norges Bank's shareholding in UPM has gone above the threshold of 5 per cent</b></p> <p class="hugin">UPM-Kymmene Corporation has on 21 April 2016 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which Norges Bank's (The Central Bank of Norway) holding of UPM shares and voting rights has gone above the threshold of 5 per cent on 20 April 2016.</p> <p class="hugin">According to the announcement, Norges Bank's shareholding in UPM has increased to 28,362,935 shares, corresponding to 5.31 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 20 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.</p> <p class="hugin">Total positions of Norges Bank and its funds subject to the notification&#58;</p> <table cellpadding="0" cellspacing="0" class="hugin" id="hugin_table_0" style="border-collapse&#58;collapse;border-style&#58;none;"> <tbody class="hugin"> <tr class="hugin"> <td class="hugin" style="border-style&#58;solid;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights (total of A)</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights through financial instruments (total of B)</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Total of both in %</b><br class="hugin"><b class="hugin">(A + B)</b> </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> Resulting situation on the date on which threshold was crossed or reached </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 5.31% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 2.23% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 7.54% </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> Position of previous notification (if applicable) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 2.58% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 4.96% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 7.54% </td> </tr> </tbody> </table> <p class="hugin">Notified details of the resulting situation on the date on which the threshold was crossed or reached&#58;</p> <p class="hugin"><b class="hugin">A&#58; Shares and voting rights</b></p> <table cellpadding="0" cellspacing="0" class="hugin" id="hugin_table_1" style="border-collapse&#58;collapse;border-style&#58;none;"> <tbody class="hugin"> <tr class="hugin"> <td class="hugin" style="border-style&#58;solid;border-width&#58;1px;" valign="top"> <b class="hugin">Class/type of shares</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Number of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Number of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights</b> </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> ISIN code (if possible) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Direct</b> (SMA 9&#58;5) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Indirect</b> (SMA 9&#58;6 and 9&#58;7) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Direct</b> (SMA 9&#58;5) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Indirect</b> (SMA 9&#58;6 and 9&#58;7) </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> FI0009005987 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 28,362,935 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 5.31% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> <b class="hugin">SUBTOTAL A</b> </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 28,362,935 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 5.31% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> </tr> </tbody> </table> <p class="hugin"><b class="hugin">B&#58; Financial Instruments according to SMA 9&#58;6a</b></p> <table cellpadding="0" cellspacing="0" class="hugin" id="hugin_table_2" style="border-collapse&#58;collapse;border-style&#58;none;"> <tbody class="hugin"> <tr class="hugin"> <td class="hugin" style="border-style&#58;solid;border-width&#58;1px;" valign="top"> <b class="hugin">Type of financial instrument</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Expiration date</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Exercise/Conversion period</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Physical or cash settlement</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Number of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights</b> </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> Shares on Loan (right to recall) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> N/A </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> At any time </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 11,903,627 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 2.23% </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">SUBTOTAL B</b> </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 11,903,627 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 2.23% </td> </tr> </tbody> </table> <p class="hugin">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.</p> <p class="hugin">UPM-Kymmene Corporation<br class="hugin">Pirkko Harrela<br class="hugin">Executive Vice President, Stakeholder Relations</p> <p class="hugin"><b class="hugin">UPM, Media Relations </b><br class="hugin">9.00-16.00 EET<br class="hugin">tel. +358 40 588 3284 <br class="hugin"><a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin"><a class="hugin" href="http&#58;//www.twitter.com/UPM_News" target="_blank">www.twitter.com/UPM_News</a><br class="hugin"><a class="hugin" href="http&#58;//www.facebook.com/UPMGlobal" target="_blank">www.facebook.com/UPMGlobal</a><br class="hugin"><a class="hugin" href="http&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">www.linkedin.com/company/upm-kymmene</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; 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 - <a class="hugin" href="/Pages/default.aspx" target="_blank">www.upm.com</a></p> GP0|#0974d7df-c945-40e3-9f11-5bc03bf87466;L0|#00974d7df-c945-40e3-9f11-5bc03bf87466|Stock exchange release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
Norges Bank's holding of UPM shares and voting rights through financial instruments has gone below the threshold of 5 per cent2016-04-20T07:45:00Z<p class="hugin">UPM-Kymmene Corporation&#160;&#160; Stock Exchange Release&#160;&#160; 20 April 2016 at 10&#58;45 EET </p> <p class="hugin"><b class="hugin">Norges Bank's holding of UPM shares and voting rights through financial instruments has gone below the threshold of 5 per cent</b></p> <p class="hugin">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.</p> <p class="hugin">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.</p> <p class="hugin">Total positions of Norges Bank subject to the notification&#58;</p> <table cellpadding="0" cellspacing="0" class="hugin" id="hugin_table_0" style="border-collapse&#58;collapse;border-style&#58;none;"> <tbody class="hugin"> <tr class="hugin"> <td class="hugin" style="border-style&#58;solid;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights (total of A)</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights through financial instruments (total of B)</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Total of both in %</b><br class="hugin"><b class="hugin">(A + B)</b> </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> Resulting situation on the date on which threshold was crossed or reached </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 2.58% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 4.96% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 7.54% </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> Position of previous notification (if applicable) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 0.89% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 6.71% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 7.60% </td> </tr> </tbody> </table> <p class="hugin">Notified details of the resulting situation on the date on which the threshold was crossed or reached&#58;</p> <p class="hugin"><b class="hugin">A&#58; Shares and voting rights</b></p> <table cellpadding="0" cellspacing="0" class="hugin" id="hugin_table_1" style="border-collapse&#58;collapse;border-style&#58;none;"> <tbody class="hugin"> <tr class="hugin"> <td class="hugin" style="border-style&#58;solid;border-width&#58;1px;" valign="top"> <b class="hugin">Class/type of shares</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Number of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Number of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights</b> </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> ISIN code (if possible) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Direct</b> (SMA 9&#58;5) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Indirect</b> (SMA 9&#58;6 and 9&#58;7) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Direct</b> (SMA 9&#58;5) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Indirect</b> (SMA 9&#58;6 and 9&#58;7) </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> FI0009005987 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 13,796,675 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 2.58% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> <b class="hugin">SUBTOTAL A</b> </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 13,796,675 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 2.58% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> </tr> </tbody> </table> <p class="hugin"><b class="hugin">B&#58; Financial Instruments according to SMA 9&#58;6a</b></p> <table cellpadding="0" cellspacing="0" class="hugin" id="hugin_table_2" style="border-collapse&#58;collapse;border-style&#58;none;"> <tbody class="hugin"> <tr class="hugin"> <td class="hugin" style="border-style&#58;solid;border-width&#58;1px;" valign="top"> <b class="hugin">Type of financial instrument</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Expiration date</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Exercise/Conversion period</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Physical or cash settlement</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Number of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights</b> </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> Shares on Loan (right to recall) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> N/A </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> At any time </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 26,469,887 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 4.96% </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">SUBTOTAL B</b> </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 26,469,887 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 4.96% </td> </tr> </tbody> </table> <p class="hugin">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.</p> <p class="hugin">UPM-Kymmene Corporation<br class="hugin">Pirkko Harrela<br class="hugin">Executive Vice President, Stakeholder Relations</p> <p class="hugin"><b class="hugin">UPM, Media Relations </b><br class="hugin">9.00-16.00 EET<br class="hugin">tel. +358 40 588 3284 <br class="hugin"><a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin"><a class="hugin" href="http&#58;//www.twitter.com/UPM_News" target="_blank">www.twitter.com/UPM_News</a><br class="hugin"><a class="hugin" href="http&#58;//www.facebook.com/UPMGlobal" target="_blank">www.facebook.com/UPMGlobal</a><br class="hugin"><a class="hugin" href="http&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">www.linkedin.com/company/upm-kymmene</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; 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 - <a class="hugin" href="/Pages/default.aspx" target="_blank">www.upm.com</a></p> GP0|#0974d7df-c945-40e3-9f11-5bc03bf87466;L0|#00974d7df-c945-40e3-9f11-5bc03bf87466|Stock exchange release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
BlackRock's shareholding in UPM has gone above the threshold of 5 per cent2016-04-13T13:00:00Z<p class="hugin">UPM-Kymmene Corporation&#160;&#160; Stock Exchange Release&#160;&#160; 13 April 2016 at 16&#58;00 EET </p> <p class="hugin"><b class="hugin">BlackRock's shareholding in UPM has gone above the threshold of 5 per cent</b></p> <p class="hugin">UPM-Kymmene Corporation has on 13 April 2016 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which BlackRock, Inc.'s holding of UPM shares and voting rights has gone above the threshold of 5 per cent on 12 April 2016.</p> <p class="hugin">According to the announcement, BlackRock, Inc.'s indirect shareholding in UPM has increased to 27,183,270 shares, corresponding to 5.09 per cent of UPM shares and voting rights. The total number of UPM shares and voting rights owned directly or through financial instruments by BlackRock, Inc. and its funds was 5.50 per cent on 12 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.</p> <p class="hugin">Total positions of BlackRock, Inc. and its funds subject to the notification&#58;</p> <table cellpadding="0" cellspacing="0" class="hugin" id="hugin_table_0" style="border-collapse&#58;collapse;border-style&#58;none;"> <tbody class="hugin"> <tr class="hugin"> <td class="hugin" style="border-style&#58;solid;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights (total of A)</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights through financial instruments (total of B)</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Total of both in %</b><br class="hugin"><b class="hugin">(A + B)</b> </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> Resulting situation on the date on which threshold was crossed or reached </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 5.09% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 0.41% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 5.50% </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> Position of previous notification (if applicable) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 4.90% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 0.40% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 5.31% </td> </tr> </tbody> </table> <p class="hugin">Notified details of the resulting situation on the date on which the threshold was crossed or reached&#58;</p> <p class="hugin"><b class="hugin">A&#58; Shares and voting rights</b></p> <table cellpadding="0" cellspacing="0" class="hugin" id="hugin_table_1" style="border-collapse&#58;collapse;border-style&#58;none;"> <tbody class="hugin"> <tr class="hugin"> <td class="hugin" style="border-style&#58;solid;border-width&#58;1px;" valign="top"> <b class="hugin">Class/type of shares</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Number of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Number of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights</b> </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> ISIN code (if possible) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Direct</b> (SMA 9&#58;5) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Indirect</b> (SMA 9&#58;6 and 9&#58;7) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Direct</b> (SMA 9&#58;5) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Indirect</b> (SMA 9&#58;6 and 9&#58;7) </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> FI0009005987 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 27,183,270 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 5.09% </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> <b class="hugin">SUBTOTAL A</b> </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 27,183,270 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 5.09% </td> </tr> </tbody> </table> <p class="hugin"><b class="hugin">B&#58; Financial Instruments according to SMA 9&#58;6a</b></p> <table cellpadding="0" cellspacing="0" class="hugin" id="hugin_table_2" style="border-collapse&#58;collapse;border-style&#58;none;"> <tbody class="hugin"> <tr class="hugin"> <td class="hugin" style="border-style&#58;solid;border-width&#58;1px;" valign="top"> <b class="hugin">Type of financial instrument</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Expiration date</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Exercise/Conversion period</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Physical or cash settlement</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Number of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights</b> </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> Securities Lent </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> N/A </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> N/A </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> Physical </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 1,723,779 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 0.32% </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> CFD </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> N/A </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> N/A </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> Cash </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 471,314 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 0.08% </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">SUBTOTAL B</b> </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 2,195,093 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 0.41% </td> </tr> </tbody> </table> <p class="hugin">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.</p> <p class="hugin">UPM-Kymmene Corporation<br class="hugin">Pirkko Harrela<br class="hugin">Executive Vice President, Stakeholder Relations</p> <p class="hugin"><b class="hugin">UPM, Media Relations </b><br class="hugin">9.00-16.00 EET<br class="hugin">tel. +358 40 588 3284 <br class="hugin"><a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin"><a class="hugin" href="http&#58;//www.twitter.com/UPM_News" target="_blank">www.twitter.com/UPM_News</a><br class="hugin"><a class="hugin" href="http&#58;//www.facebook.com/UPMGlobal" target="_blank">www.facebook.com/UPMGlobal</a><br class="hugin"><a class="hugin" href="http&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">www.linkedin.com/company/upm-kymmene</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; 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 - <a class="hugin" href="/Pages/default.aspx" target="_blank">www.upm.com</a></p> <p><a href="http&#58;//hugin.info/165629/R/2003214/739335.pdf" target="_blank">Chain of controlled undertakings - BlackRock, Inc.</a></p>GP0|#0974d7df-c945-40e3-9f11-5bc03bf87466;L0|#00974d7df-c945-40e3-9f11-5bc03bf87466|Stock exchange release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx
BlackRock's shareholding in UPM has gone below the threshold of 5 per cent2016-04-07T14:00:00Z<p class="hugin">UPM-Kymmene Corporation&#160;&#160; Stock Exchange Release&#160;&#160; 7 April 2016 at 17&#58;00 EET </p> <p class="hugin"><b class="hugin">BlackRock's shareholding in UPM has gone below the threshold of 5 per cent</b></p> <p class="hugin">UPM-Kymmene Corporation has on 7 April 2016 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which BlackRock, Inc.'s holding of UPM shares and voting rights has gone below the threshold of 5 per cent on 6 April 2016.</p> <p class="hugin">According to the announcement, BlackRock, Inc.'s indirect shareholding in UPM has decreased to 26,205,938 shares, corresponding to 4.90 per cent of UPM shares and voting rights. The total number of UPM shares and voting rights owned directly or through financial instruments by BlackRock, Inc. and its funds was 5.31 per cent on 6 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.</p> <p class="hugin">Total positions of BlackRock, Inc. and its funds subject to the notification&#58;</p> <table cellpadding="0" cellspacing="0" class="hugin" id="hugin_table_0" style="border-collapse&#58;collapse;border-style&#58;none;"> <tbody class="hugin"> <tr class="hugin"> <td class="hugin" style="border-style&#58;solid;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights (total of A)</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights through financial instruments (total of B)</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Total of both in %</b><br class="hugin"><b class="hugin">(A + B)</b> </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> Resulting situation on the date on which threshold was crossed or reached </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 4.90% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 0.40% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 5.31% </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> Position of previous notification (if applicable) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 5.08% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 0.43% </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 5.51% </td> </tr> </tbody> </table> <p class="hugin">Notified details of the resulting situation on the date on which the threshold was crossed or reached&#58;</p> <p class="hugin"><b class="hugin">A&#58; Shares and voting rights</b></p> <table cellpadding="0" cellspacing="0" class="hugin" id="hugin_table_1" style="border-collapse&#58;collapse;border-style&#58;none;"> <tbody class="hugin"> <tr class="hugin"> <td class="hugin" style="border-style&#58;solid;border-width&#58;1px;" valign="top"> <b class="hugin">Class/type of shares</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Number of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Number of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights</b> </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> ISIN code (if possible) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Direct</b> (SMA 9&#58;5) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Indirect</b> (SMA 9&#58;6 and 9&#58;7) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Direct</b> (SMA 9&#58;5) </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Indirect</b> (SMA 9&#58;6 and 9&#58;7) </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> FI0009005987 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 26,205,938 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 4.90% </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> <b class="hugin">SUBTOTAL A</b> </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 26,205,938 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 4.90% </td> </tr> </tbody> </table> <p class="hugin"><b class="hugin">B&#58; Financial Instruments according to SMA 9&#58;6a</b></p> <table cellpadding="0" cellspacing="0" class="hugin" id="hugin_table_2" style="border-collapse&#58;collapse;border-style&#58;none;"> <tbody class="hugin"> <tr class="hugin"> <td class="hugin" style="border-style&#58;solid;border-width&#58;1px;" valign="top"> <b class="hugin">Type of financial instrument</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Expiration date</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Exercise/Conversion period</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Physical or cash settlement</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">Number of shares and voting rights</b> </td> <td class="hugin" style="border-style&#58;solid solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">% of shares and voting rights</b> </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> Securities Lent </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> N/A </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> N/A </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> Physical </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 1,857,721 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 0.34% </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> CFD </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> N/A </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> N/A </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> Cash </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 295,930 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 0.05% </td> </tr> <tr class="hugin"> <td class="hugin" style="border-style&#58;none solid solid solid;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> &#160; </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> <b class="hugin">SUBTOTAL B</b> </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 2,153,651 </td> <td class="hugin" style="border-style&#58;none solid solid none;border-width&#58;1px;" valign="top"> 0.40% </td> </tr> </tbody> </table> <p class="hugin">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.</p> <p class="hugin">UPM-Kymmene Corporation<br class="hugin">Pirkko Harrela<br class="hugin">Executive Vice President, Stakeholder Relations</p> <p class="hugin"><b class="hugin">UPM, Media Relations </b><br class="hugin">9.00-16.00 EET<br class="hugin">tel. +358 40 588 3284 <br class="hugin"><a class="hugin" href="mailto&#58;media@upm.com" target="_blank">media@upm.com</a></p> <p class="hugin"><a class="hugin" href="http&#58;//www.twitter.com/UPM_News" target="_blank">www.twitter.com/UPM_News</a><br class="hugin"><a class="hugin" href="http&#58;//www.facebook.com/UPMGlobal" target="_blank">www.facebook.com/UPMGlobal</a><br class="hugin"><a class="hugin" href="http&#58;//www.linkedin.com/company/upm-kymmene" target="_blank">www.linkedin.com/company/upm-kymmene</a></p> <p class="hugin"><b class="hugin">UPM</b><br class="hugin">Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas&#58; 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 - <a class="hugin" href="/Pages/default.aspx" target="_blank">www.upm.com</a></p> <p><a href="http&#58;//hugin.info/165629/R/2001700/738573.pdf" target="_blank">Chain of controlled undertakings - BlackRock Inc.</a></p>GP0|#0974d7df-c945-40e3-9f11-5bc03bf87466;L0|#00974d7df-c945-40e3-9f11-5bc03bf87466|Stock exchange release;GTSet|#755a91e0-667c-4344-8c43-ca8420eb841faspx