Flaggings July 15, 2020 10:30 AM 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 15, 2020 at 10:30 a.m. EEST

Neles Corporation has received a notification, pursuant to Chapter 9, Section 5 and 6 of the Finnish Securities Markets Act, about a change in the holding of Valmet Corporation total number of shares of Neles Corporation.

On July 14, 2020, Valmet Corporation's direct shareholding in Neles exceeded the 15 percent threshold and amounted to 23 304 869 shares, or 15.50 percent of Neles’ shares and votes.

Valmet Corporation’s holdings 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 15.50% 15.50%
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 23 304 869 15.50%
SUBTOTAL A 23 304 869 15.50%

                                  

Neles Corporation

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Nasdaq Helsinki

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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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