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BRIEF-Franklin Templeton reduces stake in Uponor below 5 pct

March 20 Uponor Oyj:

* Franklin Templeton ownership decreases below 5 percent

* Holdings of Franklin Templeton Institutional, LLC, wholly-owned subsidiary of Franklin Resources, Inc., came to 4.97 percent, or 3.6 million shares, on 16 March 2017

* In previous notification, dated Sept. 15, 2016, Franklin Templeton's ownership was 9.55 percent

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Further company coverage: (Gdynia Newsroom)

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