Metso Corporation, Stock exchange release on June 17, 2020 at 11:15 a.m. EEST
 

Metso Corporation has received a notification, pursuant to Chapter 9, Section 5 and 6 of the Finnish Securities Markets Act, about the future ownership in Neles Corporation, which will be formed in the partial demerger of Metso. Valmet Corporation has informed that it has signed a share purchase agreement on June 17, 2020, which would become effective on July 1, 2020, after the registration of Metso's partial demerger, currently expected to take place on June 30, 2020. After the purchase is being realized, Valmet's ownership in Neles would total 22,374,869 shares, which represents 14.88% of Neles' total shares.

Valmet Corporation's shareholding in Neles according to the notification and after the registration of Metso's partial demerger:
 

% 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
previous
notification

A: Shares and
voting rights
Number % of
of shares and
shares voting
and rights
voting
rights
ISIN Code Direct Indirect Direct(SMA Indirect(SMA
(SMA (SMA 9:6 9:5) 9:6 and 7)
9:5) and 7)
N/A
SUBTOTAL A

B: Financial
Instruments
according to
SMA 9:6a
Type of Expiration Exercise Physical of Number of % of shares
financial date Period cash shares and and voting
instrument settlement voting rights
rights
Share purchase - - Share 22,374,869 14.88
agreement delivery
SUBTOTAL B 22,374,869 14.88

                                  

Metso Corporation

Distribution:

Nasdaq Helsinki

Media

www.metso.com

Metso is a world-leading industrial company offering equipment and services for the sustainable processing and flow of natural resources in the mining, aggregates, recycling and process industries. With our unique knowledge and innovative solutions, we help our customers improve their operational efficiency, reduce risks and increase profitability. Metso is listed on the Nasdaq Helsinki in Finland and had sales of about EUR 3.6 billion in 2019. Metso employs over 15,000 people in more than 50 countries.

metso.com (https://www.metso.com/), twitter.com/metsogroup

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