Solidium has acquired 5 659 099 Stora Enso A-shares and sold 5 690 961 Stora Enso R-shares. After the transactions are Solidiums of the voting rights in Stora Enso 27.3% (25,1 %) and the proportion of the shares to 12.3 percent (12.3 %).
“Stora Enso A-shares are rarely in larger quantities at our disposal and we wanted to exploit the opportunity. We abstained from the corresponding amount of R-shares,” says Antti Mäkinen, Solidiums managing director.
Further information: managing director Antti Mäkinen, tel. +358 (0)50 339 8801
Solidium is a limited company entirely owned by the Finnish government whose mission is to strengthen and stabilise domestic ownership in nationally important companies and increase the currency of the economic value in the long term. The basis for the Solidiums strategy and a key objective is a good management of the current holdings as well as to increase their value. Solidium is a minority owner in twelve listed companies Elisa Corporation, Kemira Oyj, Konecranes Oyj, Metso Corporation, Outokumpu Oyj, Outotec Oyj, Sampo Oyj, SSAB AB, Stora Enso Oyj, Talvivaaran Kaivososakeyhtiö Oyj, Telia Company AB, Tieto Corporation, and Valmet Corporation.
The market value of the Solidiums equity investments amounted to approximately € 8.3 billion as at 27 June 2017.
More detailed information is available on the www.solidium.fi/sv