Skip to main content
Access every election story that matters
Enjoy unlimited digital access
$1.99
per week for 24 weeks
Access every election story that matters
Enjoy unlimited digital access
$1.99
per week
for 24 weeks
// //

Blackrock Inc NYSE: BLK-N

Today's Change
Volume
Real-Time Last Update Last Sale Cboe BZX Real-Time

More stories below advertisement

Orion Corporation: Disclosure Under Chapter 9 Section 10 of the Securities Market Act (BlackRock, Inc.)

Globe Newswire - Wed Jul 21, 7:45AM CDT

ORION CORPORATION

STOCK EXCHANGE RELEASE / MAJOR SHAREHOLDER ANNOUNCEMENTS

21 JULY 2021 at 3:45 p.m. EEST

Orion Corporation: Disclosure Under Chapter 9 Section 10 of the Securities Market Act (BlackRock, Inc.)

Orion Corporation has received a disclosure under Chapter 9, Section 5 of the Securities Market Act, according to which the total number of Orion shares owned directly or indirectly by BlackRock, Inc. and its funds decreased on 20 July 2021 below five (5) per cent of Orion Corporation's total shares.

Total positions of BlackRock, Inc. and its funds subject to notification:

% of shares and voting rights % of shares and voting rights through financial instruments Total of both in % (points A + B) Total number of shares and voting rights of issuer
                                                                          (total of point A)            (total of point B)
Resulting situation on the date on which threshold was crossed or reached 4.99% shares                  0.04% shares                                                5.03% shares                      141,134,278 shares
                                                                                                                                              
                                                                          Below 5% voting rights        Below 5% voting rights                                      Below 5% voting rights            806,258,215 voting rights
Position of previous notification (if applicable)                         5.00% shares                  0.04% shares                                                5.05% shares                       
                                                                                                                               
                                                                          Below 5% voting rights        Below 5% voting rights                                      Below 5% voting rights

Notified details of the resulting situation on the date on which the threshold was crossed:

Point A: Shares and voting rights:

Class/type of shares Number of shares and voting rights                                                  % of shares and voting rights
ISIN code
  Direct (SMA 9:5)                          Indirect (SMA 9:6 and 9:7)                Direct (SMA 9:5)     Indirect (SMA 9:6 and 9:7)
FI0009014377                                7,049,433 shares                            4.99% shares
                                                                                                            
                                                               Below 5% voting rights                                         Below 5% voting rights
POINT A SUBTOTAL     7,049,433 shares                                                                    4.99% shares
                                                                                       
                         Below 5% voting rights Below 5% voting rights

Point 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                    45,859 shares                      0.03% shares
                                                                                                                            
                                                                                                           Below 5% voting rights             Below 5% voting rights
CFD                          N/A                  N/A                          Cash                        15,527 shares                      0.01% shares
                                                                                                                            
                                                                                                           Below 5% voting rights             Below 5% voting rights
                      POINT B SUBTOTAL            61,386 shares                      0.04% shares
                                                                                                                            
                                                                                                           Below 5% voting rights             Below 5% voting rights

Orion Corporation

Timo Lappalainen      Olli Huotari              
President and CEO                                                              SVP, Corporate Functions

Contact person:

Terhi Ormio, VP, Communications, Orion Corporation

tel. +358 10 426 4646

Publisher:

Orion Corporation

Communications

Orionintie 1A, FI-02200 Espoo, Finland

http://www.orion.fi/en

http://www.twitter.com/OrionCorpIR

Orion is a globally operating Finnish pharmaceutical company - a builder of well-being. Orion develops, manufactures and markets human and veterinary pharmaceuticals and active pharmaceutical ingredients. The company is continuously developing new drugs and treatment methods. The core therapy areas of Orion's pharmaceutical R&D are neurological disorders, oncology and respiratory diseases for which Orion develops inhaled pulmonary medication. Orion's net sales in 2020 amounted to EUR 1,078 million and the company had about 3,300 employees at the end of the year. Orion's A and B shares are listed on Nasdaq Helsinki.

comtex tracking

COMTEX_390179332/2241/2021-07-21T08:45:01

More stories below advertisement

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2021.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).

To view this site properly, enable cookies in your browser. Read our privacy policy to learn more.
How to enable cookies