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HELSINKI - BlackRock (NYSE:BLK), Inc. has increased its stake in Finnish financial company Sampo plc to 7.00% of total shares and 6.98% of voting rights following the group’s restructuring after acquiring HPS Investment Partners, according to a disclosure released Thursday.
The notification, made under Chapter 9, Section 5 of the Securities Markets Act, represents an increase from BlackRock’s previous position of 5.93% of shares and 5.92% of voting rights in Sampo.
BlackRock’s current holdings in Sampo include 185,655,678 direct shares and voting rights, representing 6.89% of shares and 6.88% of voting rights. Additionally, the asset manager holds financial instruments accounting for 0.10% of shares and voting rights, including American Depository Receipts and Contracts for Difference (CFDs).
Sampo’s share capital consists of 2,691,238,860 shares, divided between 2,690,238,860 A shares and 1,000,000 B shares. Each A share grants one vote while each B share carries five votes, bringing the total number of voting rights to 2,695,238,860.
The disclosure was made as BlackRock crossed the notification threshold following its corporate restructuring related to the HPS Investment Partners acquisition.
This information is based on a stock exchange release issued by Sampo plc.
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