UPM annual report 2015

IN BRIEF

STRATEGY

BUSINESSES

STAKEHOLDERS

GOVERNANCE

ACCOUNTS

Biggest registered shareholders at 31 December 2015

Monthly average share price and shares traded 1–12/2015 EUR

Shares at 31 December 2015

Share price in 2015 EUR

Equity per share EUR

% of shares

% of votes

% of all shares

20

20

15

20

IImarinen Mutual Pension Insurance Company

7,114,789

1.33

1.33

18

16

12

16

Varma Mutual Pension Insurance Company

7,074,488

1.33

1.33

16

12

9

12

ELO Mutual Pension Insurance Company

4,600,000

0.86

0.86

14

8

6

8

12

Mandatum Life Insurance Company

4,535,320

0.85

0.85

4

3

4

10

0

0

0

The Local Government Pensions Institution

4,461,749

0.84

0.84

11

12

13

14

15

12 11 10987654321

1 2 3 4 5 6 7 8 9 10 11 12

■ Monthly average share price, EUR Shares traded, %

The State Pension Fund

4,230,000

0.79

0.79

The Society of Swedish Literature in Finland

3,870,780

0.73

0.73

Swiss National Bank

3,500,033

0.66

0.66

UPM share price 2011–2015 compared with indices EUR

Market capitalisation EURm

Earnings and dividend per share EUR

Skagen Global Verdipapirfond

3,099,638

0.58

0.58

10,000

Kymin Osakeyhtiön 100-vuotissäätiö

1,696,186

0.32

0.32

20

2.00

8,000

Nominees & registered foreign owners

360,306,023

67.51

67.51

16

1.60

6,000

12

1.20

Others

129,246,693

24.20

24.20

4,000

8

0.80

Total

533,735,699

100.00

100.00

2,000

0.40

4

0

0.00

UPM share price NASDAQ OMX Helsinki (rebased) DJ STOXX 600 (rebased) 2011 2012 2013 2014 2015 0

15 14 13 12 11

15 14 13 12 11

During 2015, the company received the following notifications of changes in holdings pursuant to Chapter 9, Section 5 of the Securities Market Act: UPM received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which BlackRock, Inc.’s indirect holding in UPM has gone above the threshold of 5 per cent on 3 February 2015. UPM received an announcement under Chapter 9, Section 5 of the Securi- ties Markets Act, according to which BlackRock, Inc.’s indirect holding in UPM has gone below the threshold of 5 per cent on 11 February 2015. UPM received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which BlackRock, Inc.’s indirect holding in UPM has gone above the threshold of 5 per cent on 6 March 2015. UPM received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which BlackRock, Inc.’s indirect holding in UPM has gone below the threshold of 5 per cent on 20 March 2015. UPM received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which Norges Bank’s (The Central Bank of Norway) holding in UPM has fallen below the threshold of 5 per cent on 7 April 2015 after a share lending transaction where Norges Bank is the lender. UPM received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which Norges Bank’s (The Central Bank of Norway) holding in UPM has gone above the threshold of 5 per cent on 23 April 2015 after a share lending transaction where Norges Bank is the lender. UPM received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which BlackRock, Inc.’s indirect holding in UPM shares has gone above the threshold of 5 per cent on 1 December 2015 as a result of an acquisition of the company shares. UPM received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which BlackRock, Inc.’s indirect holding in UPM shares has gone below the threshold of 5 per cent on 2 December 2015. UPM received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which BlackRock, Inc.’s indirect holding in UPM shares has gone above the threshold of 5 per cent on 29 December 2015.

-2.14

■ Earnings per share ■ Dividend per share (2015: proposal)

Dividend per share (EUR) and dividend to earnings ratio (%) EUR

Shares traded on Helsinki stock exchange 2011–2015 EURm

%

%

200

1.00

2,000

25

160

0.80

1,600

20

120

0.60

1,200

15

80

0.40

800

10

40

0.20

400

5

0

0.00

0

0

15 14 13 12 11

2011 2012 2013 2014 2015

■ Dividend per share (2015: proposal)

■

Monthly trading in UPM shares on NASDAQ OMX Helsinki, EURm

Trading in UPM shares as % of total number of shares

Dividend to earnings ratio, % (2012: neg.)

Charts on this page are unaudited.

contents

accounts

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138

UPM Annual Report 2015

UPM Annual Report 2015