Neles Corporation, Stock exchange release on September 17, 2020 at 1:00 p.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 14, 2020, their total holding in Neles shares and financial instruments exceeded 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 % of shares and voting rights Total of
voting rights through financial instruments both in %
(A) (B) (A + B)
Resulting 0.07 5.16 5.23
situation on the
date
on which the
threshold was
reached
Position of 0.09 4.82 4.91
previous
notification

 

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

A: Shares and voting rights

SUBTOTAL A 113,041 0.07%
  Number of shares and voting rights % of shares and voting rights
ISIN Code Direct Indirect Direct Indirect
(SMA 9:5) (SMA 9:6 and 7) (SMA 9:5) (SMA 9:6 and 7)
FI4000440664 113,041 - 0.07% -

B: Financial Instruments according to SMA 9:6a

      SUBTOTAL B 7,755,089 5.16%
Type of Expiration Exercise Physical or Number of shares % of shares
financial date Period cash and voting rights and voting
instrument settlement rights
Right to N/A N/A Physical 1,212,837 0.81%
recall
lent
securities
OTC Call 03/01/2033 Until Cash 900,000 0.60%
Option 03/01/203
on Basket
3
Certificate 03/01/2033 Until Cash 599,823 0.40%
03/01/203

3
Contract N/A N/A Cash 21,344 0.01%
for
Difference
Listed Call 03/01/2033 Until Cash 2,060,800 1.37%
Option 03/01/203

3
Listed Call 03/01/2033 Until Cash 2,960,285 1.97%
Warrant 03/01/203

3

 

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 % of shares and voting rights Total of both
and voting through financial instruments
rights
Société 0.07% 3.19% 3.26%
Générale S.A.
Société 0% 1.97% 1.97%
Générale
Effekten Gmbh

                            

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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