Neste Corporation, Stock Exchange Release, 12 October 2020 at 6 p.m. (EET)

Neste Corporation has today received a notification under Chapter 9, Section 10 of the Finnish Securities Market Act (FSMA). According to the notification, the holdings of Société Générale S.A. in Neste Corporation have on 8 October 2020 exceeded 5% of the total number of shares and voting rights of Neste Corporation.

According to the notification received by Neste Corporation, the holdings of Société Générale S.A. in Neste Corporation on 8 October 2020 amounted to a total of 39,644,533 shares, corresponding to approximately 5.15% of the total number of shares and voting rights of Neste Corporation. The share stock of Neste Corporation consists of 769,211,058 shares, each entitling one vote.
6. Total positions of person(s) subject to the notification obligation:

% of % of shares and voting rights Total % of shares
shares through financial instruments and voting rights
and (B) (A+B)
voting
rights
(A)
Proportion 1.05 4.10 5.15
after reaching
or
exceeding the
flagging
threshold
Position at - - -
previous
notification

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

A: Shares and voting rights

Share Number of % of shares and voting rights
class/type shares and
(ISIN) voting rights
Direct (FSMA Indirect Direct (FSMA 9:5) Indirect (FSMA 9:6 and 9:7)
9:5) (FSMA 9:6 and
9:7)
FI0009013296 8,061,857 1.05
Subtotal A 8,061,857 1.05

B: Financial Instruments according to SMA 9:6a 

Type of Expiration Exercise/ Physical Number of % of shares
financial date Conversion or shares and voting
instrument Period cash and voting rights
  settlement rights
Right to N/A N/A Physical 3,274,475 0.43
recall
lent
securities
OTC Call 03/01/2033 Until Cash 1,281,098 0.17
Option 03/01/2033
on Basket
OTC Call 21/01/2033 Until Cash 4,404,208 0.57
Option 21/01/2033
on Basket
Certificate 03/01/2033 Until Cash 536,537 0.07
03/01/2033
Contract N/A N/A Cash 2,100 0.00
For
Difference
Equity 27/10/2020 27/10/2020 Cash 5,500,000 0.72
Linked
Swap
Equity 28/10/2020 28/10/2020 Cash 3,000,000 0.39
Linked
Swap
Euro Medium 17/05/2024 17/05/2024 Cash 4,408 0.00
Term Note
OTC Call 03/01/2025 Until Cash 300,301 0.04
Option 03/01/2025
OTC Call 03/01/2033 Until Cash 500,000 0.07
Option 03/01/2033
OTC Call 20/11/2020 20/11/2020 Cash 26,401 0.00
Option
OTC Call 27/11/2020 27/11/2020 Cash 4,453 0.00
Option
OTC Call 11/12/2020 11/12/2020 Cash 8,595 0.00
Option
OTC Call 18/12/2020 18/12/2020 Cash 1,252,110 0.16
Option
OTC Put 03/01/2033 Until Cash 400,000 0.05
Option 03/01/2033
OTC Put 20/11/2020 20/11/2020 Cash 39,374 0.01
Option
OTC Put 18/12/2020 18/12/2020 Cash 1,425,021 0.19
Option
Listed Call 03/01/2025 Until Cash 300,000 0.04
Warrant 03/01/2025
Listed Call 03/01/2033 Until Cash 1,776,716 0.23
Warrant 03/01/2033
Listed Call 21/01/2033 Until Cash 4,403,973 0.57
Warrant 21/01/2033
Listed Call 20/11/2020 20/11/2020 Cash 26,401 0.00
Warrant
Listed Call 18/12/2020 18/12/2020 Cash 1,252,110 0.16
Warrant
Listed Put 03/01/2033 Until Cash 400,000 0.05
Warrant 03/01/2033
Listed Put 20/11/2020 20/11/2020 Cash 39,374 0.01
Warrant
Listed Put 18/12/2020 18/12/2020 Cash 1,425,021 0.19
Warrant
Subtotal B 31,582,676 4.10

Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity:  

Name % of shares and % of shares and voting rights Total of
voting rights  through financial instruments both, %
Société 1.05 2.85 3.90
Générale S.A.
Société 0.00 1.21 1.21
Générale
Effekten Gmbh
SG issuer 0.00 0.04 0.04

Neste Corporation 

Susanna Sieppi
Vice President, Communications