Solidium Oy has increased its holding in Outotec Oyj to 10.0 per cent of the shares. The average purchase price of the shares is EUR 40.1 per share. Outotec is one of the world’s leading technology and service providers for the mining and metals industries.
Further information: Managing Director Kari Järvinen, Solidium Oy, tel. +358 (0)10 830 89 05
Solidium is a limited company wholly owned by the State of Finland. Its mission is to strengthen and stabilise Finnish ownership in nationally important companies and increase the value of its holdings in the long run. Investment activities are based on financial analysis. The core of Solidium’s investment strategy is proper, value enhancing asset management of the current holdings. Through its stakes, Solidium is a minority owner in eleven listed companies: Elisa, Kemira, Metso, Outokumpu, Outotec, Rautaruukki, Sampo, Stora Enso, Talvivaara Mining Company, TeliaSonera and Tieto. The market value of Solidium’s investments is approximately EUR 7.8 billion at the date of this press release. Further information: www.solidium.fi.