Shares and shareholders
During January-September 2014, the volume of trades of Wärtsilä shares on the Nasdaq OMX exchange was 103,909,367 shares, equivalent to a turnover of EUR 4,100 million. Wärtsilä's shares are also traded on alternative exchanges, including Chi-X, Turquoise and BATS. The trading volume on alternative exchanges was 42,151,669 shares.
|Shares on the Nasdaq OMX Helsinki Stock Exchange|
|Number of||Number of|
|shares and||shares traded|
|WRT1V||197 241 130||103 909 367|
|1.1. - 30.9.2014||High||Low||Average 1||Close|
|1||Trade-weighted average price|
|Market capitalisation, EUR million||6 988||6 584|
|Foreign shareholders, %||54.0||52.0|
On 19 September 2014, Wärtsilä was informed that Fiskars, Investor and their joint venture Avlis AB had signed an agreement, which would result in the following changes in ownership:
Avlis Invest AB acquires 15,759,566 shares or 7.99% of Wärtsilä’s share capital and total votes from Avlis AB. All Avlis Invest AB’s shares are distributed to Invaw Holding AB, a wholly-owned subsidiary of Investor AB. Fiskars acquires 9,881,781 shares or 5.01% of Wärtsilä’s share capital and total votes from Avlis AB. The shareholder’s agreement between Fiskars and Investor is terminated and their joint venture, which held 42,948,325 shares, representing 21.77% of Wärtsilä’s share capital and total votes, dissolved. Following the transaction Investor AB’s indirect ownership in Wärtsilä is 33,066,544 shares or 16.76% of Wärtsilä’s share capital and total votes, while Fiskars Group’s direct ownership is 9,881,781 shares or 5.01% of Wärtsilä’s share capital and total votes.
On 9 October 2014, Wärtsilä was informed that the agreement had been completed. Consequently, the above changes in holdings have taken place and the shareholder's agreement has been terminated.