UPM-Kymmene Corporation Stock Exchange Release 23 July 2013 at 9.30 EET
UPM-Kymmene Corporation has on 22 July 2013 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which BlackRock, Inc.’s indirect holding in UPM has gone below the threshold of 5 per cent on 19 July 2013.
According to the announcement, the indirect holding of BlackRock, Inc. in UPM has decreased from 26,497,475 shares to 26,372,640 shares, corresponding to 4.99 per cent of UPM's shares and voting rights.
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UPM leads the integration of bio and forest industries into a new, sustainable and innovation-driven future. Our products are made of renewable raw materials and are recyclable. UPM consists of three Business Groups: Energy and pulp, Paper, and Engineered materials. UPM employs approximately 22,000 people. UPM is present in 67 countries and have production units in 17 countries. UPM's annual sales exceed € 10 billion. UPM's shares are listed on the Helsinki Stock Exchange. UPM – The Biofore Company – www.upm.com