Valmet Oyj: Change to notification according to Chapter 9, Section 5 of the Finnish Securities Markets Act: Oras Invest Oy’s ownership in Valmet exceeds 10 percent
Valmet Oyj: Change to notification according to Chapter 9, Section 5 of the Finnish Securities Markets Act: Oras Invest Oy’s ownership in Valmet exceeds 10 percent
Valmet Oyj’s stock exchange release on February 2, 2024 at 4:45 p.m. EET
Valmet Oyj has on February 2, 2024, received from Oras Invest Oy a correction to the notification received from Oras Invest Oy on January 30, 2024. In the corrected notification, the number of shares and voting rights, % of shares and voting rights and the date on which the threshold of 10 percent was exceeded have been amended. According to Oras Invest Oy, the correct number of shares and voting rights is 50,000 higher than in the original notification, and the date was three days earlier than in the original notification.
The corrected notification and information is presented below.
Valmet Oyj (“Valmet”) has on February 2, 2024, received the following notification from Oras Invest Oy, pursuant to the Finnish Securities Markets Act (as amended, the “SMA”), stating that Oras Invest Oy’s ownership and share of votes in Valmet has risen above the threshold of 10 percent on January 26, 2024.
Valmet has one series of shares in which each share carries one vote. The aggregate number of shares is 184,529,605.
Total positions of Oras Invest Oy according to the notification:
|
|
% of shares and voting rights |
% of shares and voting rights through financial instruments |
Total of both in % (A+B) |
|
Resulting situation on the date on which threshold was crossed or reached |
10.22% |
- |
10.22% |
|
Position of previous notification (if applicable) |
5.04% |
- |
5.04% |
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 ISIN code |
Number of shares and voting rights |
% of shares and voting rights |
||
|
Direct (SMA 9:5) |
Indirect (SMA 9:6 and 9:7) |
Direct (SMA 9:5) |
Indirect (SMA 9:6 and 9:7) |
|
|
FI4000074984 |
18,850,000 |
|
10.22% |
|
|
SUBTOTAL A |
18,850,000 |
10.22% |
||
Further information, please contact:
Pekka Rouhiainen, VP, Investor Relations, Valmet, tel. +358 10 672 0020
VALMET
Katri Hokkanen
CFO
Pekka Rouhiainen
VP, Investor Relations
DISTRIBUTION:
Nasdaq Helsinki
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Valmet is a leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. With our automation systems and flow control solutions we serve an even wider base of process industries. Our more than 19,000 professionals around the world work close to our customers and are committed to moving our customers’ performance forward – every day.
The company has over 220 years of industrial history and a strong track record in continuous improvement and renewal. Valmet’s net sales in 2022 were approximately EUR 5.1 billion.
Valmet’s shares are listed on the Nasdaq Helsinki and the head office is in Espoo, Finland.
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