Neles Corporation, Stock exchange release on August 26, 2020 at 9.00 EEST

Neles Corporation has received a notification, pursuant to Chapter 9, Section 5 and 6 of the Finnish Securities Markets Act, about a change in the holding of mutual funds managed by BlackRock, Inc. of the total amount of shares and financial instruments entitling to shares of Neles Corporation.

On August 24, 2020, BlackRock, Inc.'s total holding in Neles shares and in financial instruments entitling to shares fell below 5 percent. Neles' total number of shares and voting rights is 150,348,256.

BlackRock Inc.'s position according to their notification:

6. Total
positions of
person(s)
subject to the
notification
obligation:
% of % of shares Total Total number of shares
shares and voting of and voting rights of
and rights both issuer
voting through in %
rights financial (7.A +
(total instruments 7.B)
of 7.A) (total of 7.B)
Resulting Below N/A Below 150,348,256
situation on the 5% 5%
date on
which threshold
was crossed or
reached
Position of 5.39% N/A 5.39%
previous
notification
(if applicable)
 
7. Notified
details of the
resulting
situation on
the date on
which the
threshold was
crossed or
reached:
A: Shares and
voting rights
Class/type of Number of % of shares and voting rights
sharesISIN shares and
code (if voting
possible) rights
Direct(SMA Indirect(SMA Direct(SMA Indirect(SMA 9:6 and 9:7)
9:5) 9:6 and 9:7) 9:5)
FI4000440664 Below 5% Below 5%
SUBTOTAL A Below 5% Below 5%

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.com/nelesflow (http://www.twitter.com/nelesflow)

http://publish.ne.cision.com//Release/ViewReleaseHtml/36A9794A282351A5E0C856B0705FC7D6

(c) 2020 Cision. All rights reserved., source Press Releases - English