Notification according to chapter 9, section 5 of the Securities Market Act: Cevian Capital Partners Ltd.'s ownership in Valmet has decreased below 10%
Valmet Corporation (Business ID 2553019-8) has on February 13, 2015 received a notification referred to in Securities Market Act from Cevian Capital Partners Ltd., stating that the company's ownership and share of votes in Valmet Corporation has decreased below the threshold of 10 percent (1/10).
As a result of share transactions on February 12, 2015, the holding of Cevian Capital Partners Ltd. decreased to 10,323,191 shares (previously 20,813,714 shares), representing an ownership of 6.89 percent (previously 13.89 percent) of Valmet Corporation's total number of shares and share of votes.
Valmet Corporation has one series of shares in which each share carries one vote. The aggregate number of shares is 149,864,619.
Further information, please contact:
Hanna-Maria Heikkinen, Vice President, Investor Relations, Valmet Corporation, +358 10 672 0007
Rasmus Oksala, General Counsel, Valmet Corporation, tel. +358 10 672 0026
VP, Investor Relations
Valmet Corporation is a leading global developer and supplier of services and technologies for the pulp, paper and energy industries. Our 10,500 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day.
Valmet's services cover everything from maintenance outsourcing to mill and plant improvements and spare parts. Our strong technology offering includes entire pulp mills, tissue, board and paper production lines, as well as power plants for bio-energy production.
Valmet's net sales in 2014 were approximately EUR 2.5 billion. Valmet's objective is to become the global champion in serving its customers.
Valmet's head office is in Espoo, Finland and its shares are listed on the NASDAQ OMX Helsinki Ltd.
Follow Valmet IR in Twitter www.twitter.com/valmetir