Orion Corporation: Major Shareholder Announcement by BlackRock, Inc.
On 17 February 2025, Orion Corporation released a significant announcement regarding one of its major shareholders, BlackRock, Inc. According to the disclosure under Chapter 9, Section 5 of the Securities Market Act, BlackRock’s total holdings of Orion shares and voting rights surpassed the 5% threshold on 14 February 2025.
Total Positions of BlackRock, Inc. and Its Funds
The notification revealed that BlackRock’s total positions in Orion Corporation consisted of both shares and voting rights (Point A) and financial instruments (Point B). The combined total of both reached 5.02%.
Point A:
Direct ownership of Orion shares and voting rights amounted to 7,046,105 shares and 4.99% of the total voting rights.
Point A Subtotal
Indirect ownership of Orion shares and voting rights, through various funds and securities, accounted for an additional 763,427,275 voting rights, which represented 4.99% of the total.
Point B: Financial Instruments
BlackRock’s holdings of financial instruments according to SMA 9:6a consisted of 43,988 shares and 0.03% of the total voting rights. These were physical shares subject to lending.
Point B Subtotal
The subtotal for Point B was 43,988 shares and 0.03% of the total voting rights.
Total Shares and Voting Rights of Orion Corporation
The total number of Orion Corporation’s shares and voting rights was not mentioned in the disclosure.
Contact Information
Orion Corporation’s contact person for investor relations was identified as Tuukka Hirvonen, who could be reached at the following contact details:
- Tel:
[Contact person’s phone number]
Impact on Individual Investors
The announcement by Orion Corporation regarding BlackRock’s increased stake might not have a direct impact on individual investors, as institutional investors typically do not engage in open market trading of their holdings frequently. However, it may influence the stock price in the short term due to market sentiment.
Impact on the World
The news of BlackRock’s increased stake in Orion Corporation could potentially have ripple effects on the global financial markets. BlackRock is one of the world’s largest asset managers, and its investment decisions can significantly impact the stock prices and market trends of the companies in which it invests. In this case, Orion Corporation’s stock may attract more attention from other institutional and retail investors, leading to increased trading volumes and potential price fluctuations.
Conclusion
Orion Corporation’s announcement of BlackRock, Inc.’s increased stake in the company, surpassing the 5% threshold, provided insight into the institutional investor’s holdings in the Finnish pharmaceutical company. The disclosure revealed that BlackRock held both shares and voting rights directly and indirectly, as well as financial instruments. While the news may not have an immediate impact on individual investors, it could potentially influence the market sentiment and trading volumes of Orion Corporation’s stock. Moreover, BlackRock’s investment decisions can have broader implications for the global financial markets.
