Neles Corporation Stock Exchange Release 29 October 2020 at 3:05 p.m. EET
Neles Corporation's ("Neles") Extraordinary General Meeting took place today in Vantaa, Finland. The General Meeting resolved to increase the number of members of the Board of Directors of Neles by one and to elect a new member to the Board of Directors.
The General Meeting resolved, in accordance with the proposals of its shareholder, Valmet Corporation, that the number of members of the Board of Directors shall be eight (8) and that for a term of office expiring at the end of the next Annual General Meeting of the company, Mr. Jukka Tiitinen be elected as a new member of the Board of Directors of Neles Corporation in addition to the earlier members of the Board of Directors.
The personal details of the new member of the Board of Directors are available on the company's website at www.neles.com/egm. The minutes of the EGM will be available on the same website from November 12, 2020, at the latest.
For further information, please contact:
Elisa Erkkilä, General Counsel, tel. +358 40 75 444 11
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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