Kesko Corporation has on 13 February 2025 received a notification pursuant to
Chapter 9, Section 10 of the Finnish Securities Markets Act from BlackRock, Inc.
According to the notification, on 12 February 2025, BlackRock, Inc.'s holding in
Kesko Corporation, including holding through financial instruments, fell below
the threshold of five (5) per cent of shares.
According to the notification of BlackRock, Inc.:
% of % of shares Total of Total number of shares
shares and voting both in % and voting rights of
and rights issuer
voting through (A + B)
rights financial
(total instruments
of A) (total of B)
Resulting Below Below 5% Below 5% 400,079,008 shares
situation on the 5% shares shares
date on shares 1,542,611,260 voting
which threshold Below 5% Below 5% rights
was crossed or Below voting rights voting
reached 5% rights
voting
rights
Position of 4.98% 0.05% shares 5.04% ------------------------
previous shares shares
notification Below 5% Below 5%
(if applicable) Below voting rights voting
5% rights
voting
rights
A: Shares
and voting
rights
Class/type Number % of shares and voting rights
of of
shares shares
and
voting
rights
Direct Indirect Direct Indirect
(SMA 9:5) (SMA 9:6 (SMA 9:5) (SMA 9:6 and 9:7)
and 9:7)
FI0009000202 Below 5% Below 5% shares
shares
Below 5% voting rights
Below 5%
voting
rights
SUBTOTAL A Below 5% Below 5% shares
shares
Below 5% voting rights
Below 5%
voting
rights
B: Financial
Instruments
according
to SMA 9:6a
Type of Expiration Exercise/ Physical Number % of shares
financial date Conversion or of and voting
instrument Period cash shares rights
settlement and
voting
rights
American N/A N/A Physical Below 5% Below 5%
Depositary shares shares
Receipt Below 5%
(US4925311080) voting Below 5%
rights voting rights
Securities N/A N/A Physical Below 5% Below 5%
Lent shares shares
Below 5%
voting Below 5%
rights voting rights
CFD N/A N/A Cash Below 5% Below 5%
shares shares
Below 5%
voting Below 5%
rights voting rights
SUBTOTAL B Below 5% Below 5%
shares shares
Below 5%
voting Below 5%
rights voting rights
Kesko Corporation's share capital is divided into A shares and B shares. The
total number of shares is 400,079,008 of which 126,948,028 (31,7%) are A shares
and 273,130,980 (68.3%) are B shares. The total amount of own B shares held by
the company is 2,122,600.
The full chain of controlled undertakings through which the voting rights and/or
the financial instruments are effectively held starting with the ultimate
controlling natural person or legal entity is presented in the enclosed
attachment.
Further information is available from Lasse Luukkainen, Executive Vice
President, Legal and Sustainability, tel. +358 105 322 818.
Kesko Corporation
DISTRIBUTION
Nasdaq Helsinki Ltd
Main news media
www.kesko.fi
Attachment: Annex