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UPM Annual Report 2015
UPM Annual Report 2015
137
138
contents
accounts
IN BRIEF
STRATEGY
BUSINESSES
STAKEHOLDERS
GOVERNANCE
ACCOUNTS
Biggest registered shareholders at 31 December 2015
Shares at
31 December 2015
% of shares
% of votes
IImarinen Mutual Pension Insurance Company
7,114,789
1.33
1.33
Varma Mutual Pension Insurance Company
7,074,488
1.33
1.33
ELO Mutual Pension Insurance Company
4,600,000
0.86
0.86
Mandatum Life Insurance Company
4,535,320
0.85
0.85
The Local Government Pensions Institution
4,461,749
0.84
0.84
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
Skagen Global Verdipapirfond
3,099,638
0.58
0.58
Kymin Osakeyhtiön 100-vuotissäätiö
1,696,186
0.32
0.32
Nominees & registered foreign owners
360,306,023
67.51
67.51
Others
129,246,693
24.20
24.20
Total
533,735,699
100.00
100.00
Charts on this page are unaudited.
20
16
12
8
4
0
15
14
13
12
11
Equity per share
EUR
10,000
8,000
6,000
4,000
2,000
0
15 14 13 12 11
Market capitalisation
EURm
12 11 10987654321
20
16
12
8
4
0
Monthly average share price and
shares traded 1–12/2015
EUR
% of all shares
■
Monthly average share price, EUR
Shares traded, %
15
12
9
6
3
0
UPM share price 2011–2015
compared with indices
EUR
UPM share price
NASDAQ OMX Helsinki (rebased)
DJ STOXX 600 (rebased)
2011 2012 2013 2014 2015
0
4
8
12
16
20
Share price in 2015
EUR
1 2 3 4 5 6 7 8 9 10 11 12
20
18
16
14
12
10
Shares traded on Helsinki stock
exchange 2011–2015
EURm
%
■
Monthly trading in UPM shares
on NASDAQ OMX Helsinki, EURm
Trading in UPM shares as
% of total number of shares
2011 2012 2013 2014 2015
2,000
1,600
1,200
800
400
0
25
20
15
10
5
0
15 14 13 12 11
2.00
1.60
1.20
0.80
0.40
0.00
■
Earnings per share
■
Dividend per share
(2015: proposal)
Earnings and dividend
per share
EUR
-2.14
15 14 13 12 11
1.00
0.80
0.60
0.40
0.20
0.00
Dividend per share (EUR) and
dividend to earnings ratio (%)
EUR
%
■
Dividend per share
(2015: proposal)
Dividend to earnings ratio, %
(2012: neg.)
200
160
120
80
40
0
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.