Kesko Corporation has on 2 January 2025 received a notification pursuant to
Chapter 9, Section 10 of the Finnish Securities Markets Act from BlackRock, Inc.
According to the notification, on 31 December 2024, BlackRock, Inc.'s holding in
Kesko Corporation, including holding through financial instruments, reached the
threshold of five (5) per cent of shares.
According to the notification of BlackRock, Inc.:
% of shares % of shares Total of Total number of
and and voting both in % shares
voting rights (A + B) and voting rights
rights through of
(total of financial issuer
A) instruments
(total of B)
Resulting 4.91% 0.08% 5.00% 400,079,008
situation on the sharesBelow sharesBelow 5% sharesBelow shares1,542,611,260
date on 5% voting voting 5% voting voting rights
which threshold rights rights rights
was crossed or
reached
Position of Below 5% Below 5% Below 5% -------------------
previous sharesBelow sharesBelow 5% sharesBelow -----
notification 5% voting rights 5%
(if applicable) voting voting
rights rights
A: Shares
and voting
rights
Class/type Number of % of shares
of shares and and voting
shares voting rights
rights
Direct Indirect Direct Indirect
(SMA 9:5) (SMA 9:6 (SMA 9:5) (SMA 9:6
and 9:7) and 9:7)
FI0009000202 19,655,849 4.91% sharesBelow
sharesBelow 5% 5% voting rights
voting rights
SUBTOTAL A 19,655,849 4.91%
sharesBelow sharesBelow
5% voting 5% voting
rights rights
B: Financial
Instruments
according
to SMA 9:6a
Type of Expiration Exercise/ Physical Number of % of shares
financial date Conversion or shares and
instrument Period cash and voting voting
settlement rights rights
American N/A N/A Physical 896 0.00%
Depositary sharesBelow sharesBelow
Receipt 5% 5% voting
(US4925311080) voting rights
rights
Securities N/A N/A Physical 256,999 0.06%
Lent sharesBelow sharesBelow
5% 5% voting
voting rights
rights
CFD N/A N/A Cash 93,244 0.02%
sharesBelow sharesBelow
5% voting 5% voting
rights rights
SUBTOTAL B 351,139 0.08%
sharesBelow sharesBelow
5% 5% voting
voting rights
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