Notification according to chapter 9, section 5 and 6 of the Securities Market Act: BlackRock Inc.'s holding in Metso
April 18, 2024 at 02:53 am EDT
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Published: 2024-04-18 08:45:00 CEST
Metso Corporation
Major shareholder announcements
Notification according to chapter 9, section 5 and 6 of the Securities Market Act: BlackRock Inc.'s holding in Metso
Metso Corporation's stock exchange release on April 18, 2024, at 9:45 a.m. EEST
Metso Corporation has received a notification, pursuant to Chapter 9, Section 5 and 6 of the Finnish Securities Markets Act, about a change in the shareholding of BlackRock, Inc.
On April 16, 2024, BlackRock's holding in Metso's shares exceeded the 5 percent threshold and amounted to 41,639,734 shares or 5.02 percent of total shares and votes. BlackRock's holding through financial instruments in Metso amounted to 1,154,425 shares, which corresponds to 0.13 percent of the total amount of Metso's shares. On April 16, 2024, BlackRock's total position amounted to 42,794,159 or 5.16 percent of Metso's shares and votes. Metso's total number of shares and voting rights is 828,972,440.
BlackRock, Inc.'s holdings according to the notification:
% of shares and voting rights
(total of 7.A)
% of shares and voting rights through financial instruments
(total of 7.B)
Total of both in % (7.A + 7.B)
Resulting situation on the date on which threshold was crossed or reached
Metso is a frontrunner in sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries globally. We improve our customers' energy and water efficiency, increase their productivity, and reduce environmental risks with our product and service expertise. We are the partner for positive change.
Headquartered in Espoo, Finland, Metso employs over 17,000 people in close to 50 countries and sales for 2023 were about EUR 5.4 billion. The company is listed on the Nasdaq Helsinki. metso.com, x.com/metsoofficial
This news release was distributed by Company News System, www.nasdaqomxnordic.com/news/marketnotices
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Metso Oyj published this content on
18 April 2024 and is solely responsible for the information contained therein. Distributed by
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18 April 2024 06:52:03 UTC.
Metso Outotec Oyj specializes in the design, development, construction and maintenance of factories and equipment intended for the metallurgy and mining industries. Net sales break down by activity sector as follows:
- mining (63.5%): crushing machines, screening machines, handling equipment, etc. ;
- aggregates industry and quarrying (27.3%): production plants, stations, modules and equipment, crushing and screening equipment, handling equipment, etc.;
- metal refining and processing (9.2%): extraction sites, non-ferrous concentrate baking units, copper, nickel, zinc, lead and precious metals foundries and refineries, grinders, floating machines, control and analysis systems, separators, iron processing into small balls units, etc.
Net sales are distributed geographically as follows: Finland (1.5%), Europe (21%), North and Central America (22.9%), Asia/Pacific (22.4%), South America (17.3%), Africa/Middle East/India (14.9%).