A total of 621 042 572 new shares were subscribed for in Outokumpu Oyj’s directed share issue to ThyssenKrupp AG. This represents 29.9% of the outstanding shares of Outokumpu immediately following the completion of the directed share issue.
These new shares were registered with the Finnish Trade Register today, on December 31, 2012. These new shares will carry all shareholder rights in Outokumpu as of today, the date of their registration with the Finnish Trade Register. The total number of shares in Outokumpu is now 2 078 081 348. Outokumpu holds 1 015 888 of its own shares.
Trading in the new shares will start on NASDAQ OMX Helsinki on or about January 3, 2012. However, ThyssenKrupp has agreed to a lock-up period of 12 months for 100% of its holding post-closing of the transaction and for another 12 months after that for 50% of its holding.
Outokumpu Oyj
Outokumpu is the global leader in stainless steel and high performance alloys. Our advanced materials are the ideal choice for demanding applications ranging from cutlery to bridges, energy plants to medical equipment. Stainless steel contributes to a sustainable and long lasting world as it is a 100% recyclable, corrosion-resistant, maintenance-free, durable and hygienic material. Outokumpu employs approximately over 16 000 professionals in over 40 countries, with the Group’s head office in Espoo, Finland and shares listed on the NASDAQ OMX Helsinki. www.outokumpu.com