Neles Corporation has received a notification, pursuant to Chapter 9, Section 5 and 6 of the Finnish Securities Markets Act, about the holding of Alfa Laval AB's total number of shares of Neles Corporation.
On November 11, 2020, Alfa Laval AB (publ)'s total holding in Neles shares and in financial instruments entitling to shares exceeded the 5 percent threshold and amounted to 12,723,923 shares, or 8.46 percent of Neles' shares and votes. Neles' total number of shares and voting rights is 150,348,256.
Distribution: Nasdaq Helsinki
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.
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