UBS AG Crosses 5 Percent Ownership Threshold in Outotec
UBS AG's aggregate ownership in Outotec Oyj has surpassed the five percent threshold as of June 4, 2007. The combined holding now represents 5.02 percent of the company's share capital and voting rights.
UBS AG's aggregate shareholding in Outotec Oyj has exceeded the five percent threshold. As of June 4, 2007, the combined holdings amounted to 2,110,492 shares, representing 5.02 percent of the company's total share capital and voting rights.
The notification was made in accordance with the Securities Market Act, which mandates disclosure when an entity's holdings or voting rights in a company cross specific percentage points, including five percent.
Outotec's share capital comprises a total of 42,000,000 shares, with each share carrying one vote at the general meeting. The company provides technologies for the sustainable processing of minerals and metals globally.