Metso Corporation, Stock exchange release on August 1, 2019, at 10:00 a.m. EET
Notification according to chapter 9, section 5 and 6 of the Securities Market Act: BlackRock Inc.’s holding in Metso
Metso 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 Metso.
On July 30, 2019, BlackRock, Inc.'s direct holding in Metso shares and voting rights fell below 5 percent threshold. Blackrock, Inc. had 7,378,406 shares or 4.90 percent of total shares and votes. Its holding through financial instruments amounted to 249,517 shares, which corresponds to 0.16 percent of the total amount of Metso’s shares. On July 30, 2019, BlackRock, Inc.'s total position in Metso amounted to 7,627,923 or 5.07 percent of Metso’s shares and votes. Metso’s total number of shares and votes is 150,348,256.
BlackRock, Inc.’s holdings according to the notification:
|% of shares and voting rights (A)||% of shares and voting rights through financial instruments (B)||Total of both in % |
(A + B)
|Resulting situation on the date on which the threshold was reached||4.90%||0.16%||5.07%|
|Position of previous notification||5.01%||0.17%||5.19%|
|A: Shares and voting rights|
|Number of shares and voting rights||% of shares and voting rights|
|ISIN Code||Direct |
(SMA 9:6 and 7)
(SMA 9:6 and 7)
|B: Financial Instruments according to SMA 9:6a|
|Type of financial instrument||Expiration date||Exercise Period||Physical of cash settlement||Number of shares and voting rights||% of shares and voting rights|
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 3.2 billion in 2018. Metso employs over 14,000 people in more than 50 countries.