Solidium increases its voting rights in Stora Enso

Solidium increases its voting rights in Stora Enso

ID: 550159

(Thomson Reuters ONE) -


Solidium has acquired total amount of 5,659,099 A shares in Stora Enso and sold
5,690,961 R shares in Stora Enso. After the transactions, Solidium has 27.3 per
cent of the votes in Stora Enso (25.1 %) and 12.3 per cent of the shares (12.3
%).

"Stora Enso's A shares are seldom for sale in large amounts and we wanted to
utilise the opportunity. We divested a corresponding amount of R shares", says
Solidium's Managing Director Antti Mäkinen.

Further information: Managing Director Antti Mäkinen, tel. +358 (0)50 339 8801


Solidium is a limited company wholly owned by the State of Finland. Its mission
is to strengthen and stabilize Finnish ownership in nationally important
companies and increase the value of its holdings in the long term. The basis and
core objective of Solidium's strategy is proper, value-enhancing asset
management of its current holdings. Through its stakes, Solidium is a minority
owner in twelve listed companies: Elisa, Kemira, Konecranes, Metso, Outokumpu,
Outotec, Sampo, SSAB, Stora Enso, Talvivaara Mining Company, Telia Company,
Tieto and Valmet.

The market value of Solidium's equity holdings was approximately 8.3 billion
euros as of 27 June 2017.

Further information: www.solidium.fi/en




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Solidium Oy via GlobeNewswire






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Bereitgestellt von Benutzer: hugin
Datum: 28.06.2017 - 09:00 Uhr
Sprache: Deutsch
News-ID 550159
Anzahl Zeichen: 1796

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Town:

Helsinki



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Business News



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