Flaggings July 1, 2020 02:20 PM EEST

Notification according to chapter 9, section 5 and 6 of the Securities Market Act: Valmet Corporation’s holding in Neles

Neles Corporation, Stock exchange release on July 1, 2020 at 2:20 p.m. EEST

Neles Corporation has received a notification, pursuant to Chapter 9, Section 5 and 6 of the Finnish Securities Markets Act, about ownership in Neles Corporation. The share purchase has been executed based on Valmet Corporation’s share purchase agreement announcement published on June 17, 2020. After the share purchase, Valmet’s ownership in Neles is 22,374,869 shares, which represents 14.88% of Neles’ total shares. Neles’ total number of shares and voting rights is 150,348,256.

Valmet Corporation’s shares and voting rights according to the notification:

% of shares and voting rights (A) % of shares and voting rights through financial instruments (B) Total of both in %
(A + B)
Resulting situation on the date on which the threshold was reached 14.88% 14.88%
Position of previous notification 14.88% 14.88%
 
 

A: Shares and voting rights

Number of shares and voting rights % of shares and voting rights
ISIN Code Direct (SMA 9:5) Indirect (SMA 9:6 and 7) Direct(SMA 9:5) Indirect(SMA 9:6 and 7)
FI4000440664 22 374 869 14.88%
TOTAL A 22 374 869 14.88%

                                  

Neles Corporation

Distribution:

Nasdaq Helsinki

Media

www.neles.com

Neles is one of the leading providers of mission-critical flow control solutions and services for process industries. With our global team of experts and innovative solutions, we help our customers to improve their process performance and ensure safe flow of materials. Neles is listed on the Nasdaq Helsinki in Finland and had sales of about EUR 660 million in 2019. Neles employs about 2,900 people in around 40 countries. Neles was created in the partial demerger of Metso Corporation, and trading in Neles stock started on July 1, 2020.

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