Metso's Nomination Board to consist of representatives of Solidium, Cevian
Capital, Varma and Ilmarinen
Metso's Nomination Board to consist of representatives of Solidium, Cevian Capital, Varma and Ilmarinen
Metso Corporation's stock exchange release on September 2, 2015 at 2:15 p.m. EEST
Representatives of the four largest shareholders registered in Metso's shareholder register as of September 1, 2015 are elected to the Shareholders' Nomination Board along with the Chairman of the Board of Directors as an expert member. Nomination Board is responsible for making proposals regarding the composition of the Board and the remuneration paid to Board members for the Annual General Meeting in 2016.
According to the shareholder register, Metso Corporation's four largest shareholders on September 1, 2015 were:
- Solidium Oy (20,947,449 shares and votes, or 13.93% of share capital and votes),
- Cevian Capital (Cevian Capital Partners Ltd) (20,813,714 shares and votes, or 13.84% of share capital and votes),
- Varma Mutual Pension Insurance Company (6,048,465 shares and votes, or 4.02% of share capital and votes) and
- Ilmarinen Mutual Pension Insurance Company (3,602,126 shares and votes, or 2.40% of share capital and votes).
Metso Corporation plans to hold its 2016 Annual General Meeting on March, 21, 2016.
Metso is the world's leading industrial company in the mining and aggregates industries and in the flow control business. Our knowledge, people and solutions help drive sustainable improvements in performance and profitability in our customers' businesses.
Metso has an uncompromising attitude towards safety. Our products range from mining and construction equipment and systems to industrial valves and controls. Our solutions are delivered and supported by decades of process knowledge and a broad scope of services backed by a global footprint of over 90 service centers, thousands of service employees, and an extensive logistics network.
Metso is listed on the NASDAQ OMX Helsinki, Finland. In 2014, Metso's net sales totaled EUR 3.7 billion. Metso employs approximately 14,000 industry experts in more than 50 countries. Expect results.
www.metso.com , www.twitter.com/metsogroup
Further information, please contact:
Aleksanteri Lebedeff, SVP, General Counsel, Metso Corporation, tel. +358 20 484 3240
Juha Rouhiainen, VP, Investor Relations, Metso Corporation, tel +358 20 484 3253
VP, Investor Relations
NASDAQ OMX Helsinki Ltd