Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  NASDAQ OMX HELSINKI LTD.  >  Neles Oyj    NELES   FI4000440664

NELES OYJ

(NELES)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Notification according to chapter 9, section 5 and 6 of the Securities Market Act: Valmet Corporation's holding in Neles

share with twitter share with LinkedIn share with facebook
09/08/2020 | 06:16am EDT

Neles Corporation, Stock exchange release on September 8, 2020 at 1:15 p.m. 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 Valmet Corporation total number of shares of Neles Corporation.

On September 7, 2020, Valmet Corporation's total holding in Neles shares and in financial instruments entitling to shares exceeded the 25 percent threshold and amounted to 37,135,145 shares, or 25.11 percent of Neles' shares and votes. Neles' total number of shares and voting rights is 150,348,256.

Valmet Corporation's holdings according to the notification:

% of shares and % of shares and voting rights Total of
voting rights through financial instruments both in %
(A) (B) (A + B)
Resulting 24.70% 0.41% 25.11%
situation on the
date
on which the
threshold was
reached
Position of 21.11% - 21.11%
previous
notification
 
A: Shares
and voting
rights
Number % of shares and voting rights
of
shares
and
voting
rights
ISIN Code Direct Indirect Direct(SMA 9:5) Indirect(SMA 9:6 and 7)
(SMA (SMA 9:6 and
9:5) 7)
FI4000440664 37 135 - 24.70% -
145
SUBTOTAL A 37 135 24.70%
145
 
B:
Financial
Instruments
according
to
SMA 9:6a
Type of Expiration Exercise Physical Number of shares % of shares
financial date Period or cash and voting rights and voting
instrument settlement rights
Forward N/A N/A Share 620 000 0.41%
contract delivery /
net value
account
SUBTOTAL B 620 000 0.41%

                                  

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)

http://publish.ne.cision.com//Release/ViewReleaseHtml/5649564F8BDE460BE0C856B0705FC7D6

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


Stocks mentioned in the article
ChangeLast1st jan.
NELES OYJ -1.23% 11.655 Delayed Quote.14.43%
VALMET OYJ -0.48% 20.64 Delayed Quote.-2.90%
share with twitter share with LinkedIn share with facebook
All news about NELES OYJ
10/19NELES OYJ : The Board of Directors of Neles Corporation supplements its statemen..
AQ
10/16ALFA LAVAL : amends its recommended offer for Neles acceptance level condition l..
AQ
10/15Alfa Laval Lowers Acceptance Level of Neles Bid, Extends Acceptance Period
DJ
10/15ALFA LAVAL AMENDS ITS RECOMMENDED OF : acceptance level condition lowered to >50..
AQ
10/13Neles Corporation comments on Valmet Corporation's merger proposal
AQ
10/13NELES OYJ : Notification according to chapter 9, section 5 and 6 of the Securiti..
AQ
10/12Valmet Still Seeking Neles Merger
DJ
10/12Valmet sustains its goal to merge Valmet and Neles
AQ
10/12Neles Recommends Alfa Laval Bid as Details of Valmet Approach Remain Unclear
DJ
10/12Neles board backs Alfa offer over Valmet
RE
More news
Financials
Sales 2020 584 M 689 M 689 M
Net income 2020 53,8 M 63,6 M 63,6 M
Net Debt 2020 63,9 M 75,4 M 75,4 M
P/E ratio 2020 33,6x
Yield 2020 1,41%
Capitalization 1 775 M 2 091 M 2 096 M
EV / Sales 2020 3,15x
EV / Sales 2021 2,91x
Nbr of Employees 2 950
Free-Float 71,9%
Chart NELES OYJ
Duration : Period :
Neles Oyj Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends NELES OYJ
Short TermMid-TermLong Term
TrendsBullishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 8
Average target price 15,22 €
Last Close Price 11,82 €
Spread / Highest target 193%
Spread / Average Target 28,8%
Spread / Lowest Target -2,71%
EPS Revisions
Managers
NameTitle
Percy Henrik Mikael Lilius Chairman
Vesa Erolainen Chief Information Officer
Christer Göran Harald Gardell Vice Chairman
Lars Olof Josefsson Independent Director
Arja Aila Hannele Talma Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
NELES OYJ14.43%2 091
ATLAS COPCO AB11.83%55 192
FANUC CORPORATION1.45%37 516
PARKER-HANNIFIN CORPORATION8.28%28 538
STANLEY BLACK & DECKER, INC.4.74%27 719
SANDVIK AB-4.24%24 906