Helsinki, Finland, 2016-01-04 16:50 CET (GLOBE NEWSWIRE) -- STORA ENSO OYJ STOCK EXCHANGE RELEASE 4 January 2016 at 17.50 EET Stora Enso Oyj has on 4 January 2016 received an announcement under Chapter 9, Section 10 of the Securities Markets Act, according to which BlackRock Inc.'s indirect holding in Stora Enso shares has fell below level of 5% of the share capital in Stora Enso Oyj, as a result of share transactions concluded on 31 December 2015.
Total positions of BlackRock, Inc. and its funds according to the notification:
| % of shares and voting rights (total of A) | % of shares and voting rights through financial instruments (total of B) | Total of both in % (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 | 788,619,987 shares 237,740,879 voting rights |
| Position of previous notification (if applicable) | 4.36% shares Below 5% voting rights | 0.63% 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 or reached:
A: Shares and voting rights
| Class/type of shares | Number of shares and voting rights | Number of shares and voting rights | % of shares and voting rights | % of shares and voting rights |
| ISIN code (if possible) | Direct (SMA 9:5) | Indirect (SMA 9:6 and 9:7) | Direct (SMA 9:5) | Indirect (SMA 9:6 and 9:7 |
| FI0009005961 | Below 5% shares Below 5% voting rights | Below 5% shares Below 5% voting rights | ||
| SUBTOTAL A | Below 5% shares Below 5% voting rights | Below 5% shares Below 5% voting rights |
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 |
| CFD | N/A | N/A | Cash | Below 5% shares Below 5% voting rights | Below 5% shares Below 5% voting rights |
| Total Return SWAP | 22 June 2016 | N/A | Cash | Below 5% shares Below 5% voting rights | Below 5% shares Below 5% voting rights |
| SUBTOTAL B | Below 5% shares Below 5% voting rights | Below 5% shares Below 5% voting rights |
For further information, please contact: Ulla Paajanen-Sainio, SVP, Investor Relations, tel. +358 2046 21242
Stora Enso is a leading provider of renewable solutions in packaging, biomaterials, wood and paper on global markets. Our aim is to replace non-renewable materials by innovating and developing new products and services based on wood and other renewable materials. We employ some 27 000 people in more than 35 countries, and our sales in 2014 were EUR 10.2 billion. Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY) on the International OTCQX over-the-counter market . www.storaenso.com
STORA ENSO OYJ
