HELSINKI, Finland, Jan. 4, 2016 (GLOBE NEWSWIRE) -- Stora Enso Oyj has on 4 January 2016 received an announcement under Chapter 9, Section 10 of the Securities Markets Act, according to which BlackRock Inc.'s indirect holding in Stora Enso shares has fell below level of 5% of the share capital in Stora Enso Oyj, as a result of share transactions concluded on 31 December 2015.
Total positions of BlackRock, Inc. and its funds according to the notification:
| % of shares and voting rights (total of A) | % of shares and voting rights through financial instruments (total of B) |
Total of both in % (A + B) |
Total number of shares and voting rights of issuer | |
| Resulting situation on the date on which threshold was crossed or reached |
Below 5% shares Below 5% voting rights |
Below 5% shares Below 5% voting rights |
Below 5% shares Below 5% voting rights |
788,619,987 shares 237,740,879 voting rights |
| Position of previous notification (if applicable) |
4.36% shares Below 5% voting rights |
0.63% shares Below 5% voting rights |
5.00% shares Below 5% voting rights |
Notified details of the resulting situation on the date on which the threshold was crossed or reached:
A: Shares and voting rights
| Class/type of shares | Number of shares and voting rights | Number of shares and voting rights | % of shares and voting rights | % of shares and voting rights |
| ISIN code (if possible) | Direct (SMA 9:5) | Indirect (SMA 9:6 and 9:7) | Direct (SMA 9:5) | Indirect (SMA 9:6 and 9:7 |
| FI0009005961 |
Below 5% shares Below 5% voting rights |
Below 5% shares Below 5% voting rights |
||
| SUBTOTAL A |
Below 5% shares Below 5% voting rights |
Below 5% shares Below 5% voting rights |
B: Financial Instruments according to SMA 9:6a
| Type of financial instrument | Expiration date |
Exercise/ Conversion period |
Physical or cash settlement | Number of shares and voting rights | % of shares and voting rights |
| Securities Lent | N/A | N/A | Physical |
Below 5% shares Below 5% voting rights |
Below 5% shares Below 5% voting rights |
| CFD | N/A | N/A | Cash |
Below 5% shares Below 5% voting rights |
Below 5% shares Below 5% voting rights |
| Total Return SWAP | 22 June 2016 | N/A | Cash |
Below 5% shares Below 5% voting rights |
Below 5% shares Below 5% voting rights |
| SUBTOTAL B |
Below 5% shares Below 5% voting rights |
Below 5% shares Below 5% voting rights |
For further information, please contact:
Ulla Paajanen-Sainio, SVP, Investor Relations, tel. +358 2046 21242
Stora Enso is a leading provider of renewable solutions in packaging, biomaterials, wood and paper on global markets. Our aim is to replace non-renewable materials by innovating and developing new products and services based on wood and other renewable materials. We employ some 27 000 people in more than 35 countries, and our sales in 2014 were EUR 10.2 billion. Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY) on the International OTCQX over-the-counter market . www.storaenso.com
STORA ENSO OYJ


Delta Air Lines President Glen Hauenstein to Retire, Leaving Legacy of Premium Strategy
Elliott Management Takes $1 Billion Stake in Lululemon, Pushes for Leadership Change
Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz
7-Eleven CEO Joe DePinto to Retire After Two Decades at the Helm
Bridgewater Associates Plans Major Employee Ownership Expansion in Milestone Year
Sanofi’s Efdoralprin Alfa Gains EMA Orphan Status for Rare Lung Disease
LG Energy Solution Shares Slide After Ford Cancels EV Battery Supply Deal
FedEx Beats Q2 Earnings Expectations, Raises Full-Year Outlook Despite Stock Dip
Citi Appoints Ryan Ellis as Head of Markets Sales for Australia and New Zealand
OpenAI Explores Massive Funding Round at $750 Billion Valuation
Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law
Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand
FDA Fast-Tracks Approval of Altria’s on! PLUS Nicotine Pouches Under New Pilot Program
Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track
Maersk Vessel Successfully Transits Red Sea After Nearly Two Years Amid Ongoing Security Concerns
Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role
U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties 



