Wärtsilä Corporation Financial statements bulletin 2014

Shares and shareholders

During January-December 2014, the volume of trades of Wärtsilä shares on the Nasdaq OMX Helsinki exchange was 132,525,134 shares, equivalent to a turnover of EUR 5,114 million. Wärtsilä's shares are also traded on alternative exchanges, including Chi-X, Turquoise and BATS. The trading volume on alternative exchanges was 60,480,854 shares.

Shares on the Nasdaq OMX Helsinki Stock Exchange
Number of Number of
shares and shares traded
31.12.2014 votes 1-12/2014
WRT1V 197 241 130 132 525 134
1.1. - 31.12.2014 High Low Average 1 Close
Share price 43.82 31.85 38.09 37.09
1 Trade-weighted average price
31.12.2014 31.12.2013
Market capitalisation, EUR million 7 315 7 055
Foreign shareholders, % 48.1 51.3

Flagging notifications

On 19 September 2014, Wärtsilä was informed that Fiskars, Investor and their joint venture company 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 or 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.

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