Flaggings September 22, 2020 09:45 AM EEST

Notification according to chapter 9, section 5 and 6 of the Securities Market Act: Société Générale SA (SG SA)’s holding in Neles

Neles Corporation, Stock exchange release on September 22, 2020 at 9:45 a.m. EEST

Neles Corporation has received a notification, pursuant to Chapter 9, Section 5 and 6 of the Finnish Securities Markets Act, from Société Générale SA (SG SA) that on September 17, 2020, their total holding in Neles shares and financial instruments fell below 5 percent. Neles’ total number of shares and voting rights is 150,348,256.


Société Générale SA (SG SA)’s position according to their notification:

6. Total positions of person(s) subject to the notification obligation:

 

% 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

0.08

4.76

4.84

Position of previous notification

0.07

5.16

5.23

 

7. Notified details of the resulting situation on the date on which the threshold was crossed or reached:

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

125,639

-

0.08%

-

SUBTOTAL A

125,639

0.08%

B: Financial Instruments according to SMA 9:6a

Type of financial instrument

Expiration date

Exercise Period

Physical or cash settlement

Number of shares and voting rights

% of shares and voting rights

Right to recall lent securities

N/A

N/A

Physical

609,957

0.41%

OTC Call Option on Basket

03/01/2033

Until 03/01/2033

Cash

900,000

0.60%

Certificate

03/01/2033

Until 03/01/2033

Cash

599,934

0.40%

Contract for Difference

N/A

N/A

Cash

21,344

0.01%

Listed Call Option

03/01/2033

Until 03/01/2033

Cash

2,060,800

1.37%

Listed Call Warrant

03/01/2033

Until 03/01/2033

Cash

2,960,285

1.97%

 

 

 

SUBTOTAL B

7,152,320

4.76%

 

Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity:

Name

% of shares and voting rights

% of shares and voting rights through financial instruments

Total of both

Société Générale S.A.

0.08%

2.79%

2.87%

Société Générale Effekten Gmbh

0%

1.97%

1.97%

                    

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.

www.neles.com, Twitter