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

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

                                  

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 (http://www.twitter.com/nelesflow)

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