Kesko Corporation has on 2 July 2025 received a notification pursuant to Chapter
9, Section 10 of the Finnish Securities Markets Act from BlackRock, Inc.
The reason for the notification by BlackRock, Inc. is the Group restructure
following the acquisition of HPS Investment Partners ("HPS") on 1 July 2025. The
aggregate holdings including financial instruments owned by BlackRock, Inc. and
the entities referred to amounts to 5.43% of the total number of shares and
Kesko Corporation.
BlackRock, Inc.'s holding in Kesko Corporation exceeded the threshold of five
(5) per cent of shares on 14 April 2025.
According to the notification of BlackRock, Inc.:
% of % of shares Total Total number of shares
shares and voting of and voting rights of
and rights both issuer
voting through in %
rights financial (A +
(total instruments B)
of A) (total of B)
Resulting 5.42% 0.00% shares 5.43% 400,079,008 shares
situation on the shares shares
date on Below 5% 1,542,611,260 voting
which threshold Below voting rights Below rights
was crossed or 5% 5%
reached voting voting
rights rights
Position of 5.23% 0.03% shares 5.27% ------------------------
previous shares shares
notification Below 5%
(if applicable) Below voting rights Below
5% 5%
voting voting
rights rights
A: Shares
and voting
rights
Class/type Number of % of
of shares and shares
shares voting and
rights 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 21,709,892 5.42% shares
shares
Below 5% voting rights
Below 5%
voting
rights
SUBTOTAL A 21,709,892 5.42%
shares shares
Below 5% Below 5%
voting voting
rights 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 1,116 0.00% shares
Depositary shares
Receipt Below 5%
(US4925311080) Below 5% voting rights
voting
rights
Securities N/A N/A Physical 29,771 0.00% shares
Lent shares
Below 5%
Below 5% voting rights
voting
rights
CFD N/A N/A Cash 4,219 0.00% shares
shares
Below 5%
Below 5% voting rights
voting
rights
SUBTOTAL B 35,106 0.00% shares
shares
Below 5%
Below 5% voting 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 1,958,976.
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