Published: 2025-09-17 13:30:01 EEST
Puuilo Oyj - Major shareholder announcements

Puuilo Plc: Announcement of a change in shareholding according to Chapter 9, Section 10 of the Finnish Securities Market Act

PUUILO PLC, STOCK EXCHANGE RELEASE, 17 September 2025 at 01.30 p.m.

Puuilo Plc has received a notification on 16 September 2025 in accordance with Chapter 9, Section 5 of the Finnish Securities Markets Act. According to the notification, JPMorgan Chase & Co’s total indirect holdings in shares and votes of the Company have increased above the threshold of 5% on 12 September and is now 5.02%.

6. Total positions of person(s) subject to the notification obligation:
  % of shares and voting rights
(total of 7.A)
% of shares and voting rights through financial instruments
(total of 7.B)
Total of both in % (7.A + 7.B) Total number of shares and voting rights of issuer
Resulting situation on the date on which threshold was crossed or reached 3.90% 1.12% 5.02% 84,776,953
Position of previous notification (if applicable) n/a n/a n/a  
7. 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

ISIN code (if possible)

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)

FI4000507124   3,305,667   3.90%
         
SUBTOTAL A 3,305,667   3.90 %  
 
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
Cash-settled Equity Swap 23/12/2025 23/12/2025 Cash 171,703 0.20
Cash-settled Equity Swap 30/03/2026 30/03/2026 Cash 190,483 0.22
Cash-settled Equity Swap 05/05/2026 05/05/2026 Cash 30,417 0.04
Cash-settled Equity Swap 08/05/2026 08/05/2026 Cash 4,272 0.01
Cash-settled Equity Swap 09/06/2026 09/06/2026 Cash 71,954 0.08
Cash-settled Equity Swap 19/08/2026 19/08/2026 Cash 5,641 0.01
Cash-settled Equity Swap 16/09/2026 16/09/2026 Cash 145,843 0.17
Cash-settled Equity Swap 17/09/2026 17/09/2026 Cash 160 0.00
Cash-settled Equity Swap 07/10/2026 07/10/2026 Cash 220 0.00
Cash-settled Equity Swap 14/10/2026 14/10/2026 Cash 186 0.00
Cash-settled Equity Swap 21/12/2026 21/12/2026 Cash 295,383 0.35
Cash-settled Equity Swap N/A N/A Cash 31,372 0.04
      SUBTOTAL B 947,634 1.12%

8. Information in relation to the person subject to the notification obligation (please tick the applicable box):

 ☐ Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.

 ☒ 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:

Name % of shares and voting rights % of shares and voting rights through financial instruments Total of both
JPMorgan Chase & Co.      
JPMorgan Chase Bank, National Association      
J.P. Morgan International Finance Limited      
J.P. Morgan Capital Holdings Limited      
J.P. Morgan Securities plc      
       
JPMorgan Asset Management Holdings Inc.      
JPMorgan Asset Management International Limited      
JPMorgan Asset Management (UK) Limited      
       
JPMorgan Asset Management Holdings Inc.      
J.P. Morgan Investment Management Inc.      
       
9. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of Click here to enter a date. n/a    
       

10. Additional information:

Chain of controlled undertakings:

JPMorgan Chase & Co.
JPMorgan Chase Bank, National Association (100%)
J.P. Morgan International Finance Limited (100%)
J.P. Morgan Capital Holdings Limited (100%)
J.P. Morgan Securities plc (100%)

JPMorgan Asset Management Holdings Inc.
J.P. Morgan Investment Management Inc. (100%)
JPMorgan Asset Management Holdings Inc.
JPMorgan Asset Management International Limited (100%)
JPMorgan Asset Management (UK) Limited (100%)

     
 

For further information, please contact:
Ville Ranta, CFO, mobile phone: +358 40 555 4995