Orion Corporation: Disclosure Under Chapter 9 Section 10 of the Securities Market Act (BlackRock, Inc.)
February 12 2025 - 1:00PM
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
12 FEBRUARY 2025 at 21.00 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 increased on
11 February 2025 above 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 |
5.00% shares
Below 5% voting rights |
N/A shares
Below 5% voting rights |
5.00% shares
Below 5% voting rights |
141,134,278 shares
763,427,275 voting rights |
Position of previous notification (if applicable) |
Below 5% shares
Below 5% voting rights |
Below 5% shares
Below 5% voting rights |
Below 5% 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 |
|
7,066,630 shares
Below 5% voting rights |
|
5.00% shares
Below 5% voting rights |
POINT A SUBTOTAL |
7,066,630 shares
Below 5% voting rights |
5.00% 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 |
|
|
|
POINT B SUBTOTAL |
|
|
Orion Corporation
Liisa Hurme
President and CEO |
|
Olli Huotari
SVP, Corporate Functions |
|
Contact person:
Tuukka Hirvonen, Investor Relations
tel. +358 10 426 2721
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. 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 2023 amounted to EUR 1,190 million and the company had about
3,600 employees at the end of the year. Orion's A and B shares are
listed on Nasdaq Helsinki.
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