Metso's Nomination Board consist of representatives of Cevian Capital, Solidium, Ilmarinen and Varma
Metso Corporation's stock exchange release on September 2, 2013 at 9:35 a.m. local time
Representatives of the four largest shareholders registered in Metso's shareholder register as of August 30, 2013 are elected to the Nomination Board along with the Chairman of the Board of Directors as an expert member. Nomination Board is responsible for making proposals regarding the composition of the Board and the remuneration paid to Board members for the Annual General Meeting in 2014.
According to the shareholder register, Metso Corporation's four largest shareholders on August 30, 2013 were:
- Cevian Capital (Cevian Capital II Master Fund L.P. and Cevian Capital Partners Ltd) (19,670,239 shares and votes, or 13.08% of share capital and votes),
- Solidium Oy (16,695,287 shares and votes, or 11.10% of share capital and votes),
- Ilmarinen Mutual Pension Insurance Company (3,430,126 shares and votes, or 2.28% of share capital and votes), and
- Varma Mutual Pension Insurance Company (2,908,465 shares and votes, or 1.93% of share capital and votes).
Metso Corporation plans to hold its 2014 Annual General Meeting on Wednesday, March 26, 2014.
Metso is a global supplier of technology and services to customers in the process industries, including mining, construction, pulp and paper, power, and oil and gas. Our 30,000 professionals based in over 50 countries contribute to sustainability and deliver profitability to customers worldwide. Metso's shares are listed on the NASDAQ OMX Helsinki Ltd.
Further information please contact:
Aleksanteri Lebedeff, SVP, General Counsel, Metso Corporation, tel. +358 20 484 3240
Juha Rouhiainen, VP, Investor Relations, Metso Corporation, tel +358 20 484 3253
VP, Investor Relations
NASDAQ OMX Helsinki Ltd