Stora Enso: Announcement with a reference to Chapter 9, Section 10 of the Finnish Securities Markets Act

Tuesday, January 5, 2016 1:39 PM UTC

HELSINKI, Finland, Jan. 5, 2016 (GLOBE NEWSWIRE) -- Stora Enso Oyj has on 5 January 2016 received an announcement under Chapter 9, Section 10 of the Securities Markets Act, according to which BlackRock Inc.'s indirect holding in Stora Enso shares has increased over the threshold of 5% on 4 January 2016.

The shareholding of BlackRock, Inc. in Stora Enso has increased to 34,907,080 shares, corresponding to 4.36% of Stora Enso's shares. The total number of Stora Enso shares owned directly or through financial instruments by BlackRock, Inc. and its funds was 5.06% on 4 January 2016. The share of voting rights remains under 5%. The holdings of BlackRock Inc. have been calculated according to Stora Enso's registered number of shares of 788 619 987 and number of votes 237 718 379.

Total positions of BlackRock, Inc. and its funds according to the notification:

	% of shares and voting rights (total of A)	% of shares and voting rights through financial instruments (total of B)	Total of both in % (A + B)
Resulting situation on the date on which threshold was crossed or reached	4.42% of shares Below 5% voting rights	0.64% shares Below 5% voting rights	5.06% shares Below 5% voting rights
Position of previous notification (if applicable)	Below 5% shares Below 5% voting rights	Below 5% shares Below 5% voting rights	Below 5% shares Below 5% voting rights

Notified details of the resulting situation on the date on which the threshold was crossed or reached:

A: Shares and voting rights

Class/type of shares	Number of shares and voting rights	Number of shares and voting rights	% of shares and voting rights	% of shares and voting rights
ISIN code (if possible)	Direct (SMA 9:5)	Indirect (SMA 9:6 and 9:7)	Direct (SMA 9:5)	Indirect (SMA 9:6 and 9:7
FI0009005961		34 907 080 shares Below 5% voting rights		4.42% of shares Below 5% voting rights
SUBTOTAL A	34 907 080 shares Below 5% voting rights		4.42% of shares Below 5% voting rights

B: Financial Instruments according to SMA 9:6a

Type of financial instrument	Expiration date	Exercise/ Conversion period	Physical or cash settlement	Number of shares and voting rights	% of shares and voting rights
Securities Lent	N/A	N/A	Physical	1 742 500 shares Below 5% voting rights	0.22% shares Below 5% voting rights
CFD	N/A	N/A	Cash	3 252 740 shares Below 5% voting rights	0.41% shares Below 5% voting rights
Total Return SWAP	22 June 2016	N/A	Cash	67 000 shares Below 5% voting rights	0.00% shares Below 5% voting rights
			SUBTOTAL B	5 062 240 shares Below 5% voting rights	0.64% shares Below 5% voting rights

Full chain of controlled undertakings through which the voting rights and financial instruments are effectively held starting with the ultimate controlling natural person or legal entity is presented in the enclosed Annex.

For further information, please contact:
Ulla Paajanen-Sainio, SVP, Investor Relations, tel. +358 2046 21242

Stora Enso is a leading provider of renewable solutions in packaging, biomaterials, wood and paper on global markets. Our aim is to replace non-renewable materials by innovating and developing new products and services based on wood and other renewable materials. We employ some 27 000 people in more than 35 countries, and our sales in 2014 were EUR 10.2 billion. Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY) on the International OTCQX over-the-counter market . www.storaenso.com

STORA ENSO OYJ

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Stora Enso: Announcement with a reference to Chapter 9, Section 10 of the Finnish Securities Markets Act

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