Orion Corporation: Disclosure Under Chapter 9 Section 10 of the Securities Market Act (BlackRock, Inc.)
March 05 2025 - 12:30AM
UK Regulatory
Orion Corporation: Disclosure Under Chapter 9 Section 10 of the
Securities Market Act (BlackRock, Inc.)
ORION CORPORATION
STOCK EXCHANGE RELEASE / MAJOR SHAREHOLDER ANNOUNCEMENTS
5 March 2025 at 8.30 EET
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, indirectly and through
financial instruments by BlackRock, Inc. and its funds decreased on
3 March 2025 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
(total of point A) |
% of shares and voting rights through financial
instruments
(total of point B) |
Total of both in % (points 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 |
141,134,278 shares
763,427,275 voting rights |
Position of previous notification (if applicable) |
4.98% shares
Below 5% voting rights |
0.01% 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:
Point A: Shares and voting rights:
Class/type of shares
ISIN code |
Number of shares and voting rights |
% of shares and voting rights |
|
Direct (SMA 9:5) |
Indirect (SMA 9:6 and 9:7) |
Direct (SMA 9:5) |
Indirect (SMA 9:6 and 9:7) |
FI0009014377 |
|
Below 5% shares
Below 5% voting rights |
|
Below 5% shares
Below 5% voting rights |
POINT A SUBTOTAL |
Below 5% shares
Below 5% voting rights |
Below 5% shares
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 |
Below 5% shares
Below 5% voting rights |
Below 5% shares
Below 5% voting rights |
|
|
|
POINT B SUBTOTAL |
Below 5% shares
Below 5% voting rights |
Below 5% shares
Below 5% voting rights
|
Orion Corporation
Liisa Hurme
President and CEO |
|
Olli Huotari
EVP, Corporate Functions |
|
Contact person:
Terhi Ormio, VP, Communications
Orion Corporation
Tel. +358 50 966 4646
Publisher:
Orion Corporation
Communications
Orionintie 1A, FI-02200 Espoo, Finland
http://www.orionpharma.com
Orion is a globally operating Finnish pharmaceutical company – a
builder of well-being for over a hundred years. We develop,
manufacture and market human and veterinary pharmaceuticals and
active pharmaceutical ingredients. Orion has an extensive portfolio
of proprietary and generic medicines and consumer health products.
The core therapy areas of our pharmaceutical R&D are oncology
and pain. Proprietary products developed by Orion are used to treat
cancer, neurological diseases and respiratory diseases, among
others. Orion's net sales in 2024 amounted to EUR 1,542 million and
the company had about 3,700 employees at the end of the year.
Orion's A and B shares are listed on Nasdaq Helsinki.
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