Insider management

The primary legal framework for insider issues consists of:

  • Guidelines for Insiders issued by the Nasdaq Helsinki
  • Insider laws and regulations, including Market Abuse Regulation (MAR)

According to the MAR, effective since July 2016, we maintain project-specific insider lists. We draw up an insider list for all projects containing inside information. Insiders are given written notification of their status as insiders and instructions on the obligations that apply to insiders.

We observe a 30-day closed window period prior to the publication of financial reports. During this period, the members of the Board of Directors and MET as well as pre-defined Metso employees who participate in preparing these financial reports are not permitted to buy or sell Metso-issued securities.

Related parties’ transactions

Metso’s related parties include the members of the Board of Directors, the President and CEO and MET, their close family members, as well as companies in which these individuals exercise control. We maintain a register of the related parties.

We have instructions in place and we assess and monitor transactions made by Metso with the aforesaid and their related parties to ensure that potential conflicts of interest are identified and adequately considered in our decision making.

According to the MAR, the Board of Directors, the President and CEO as well as the MET and their closely associated persons are obliged to notify both the company and Finnish Financial Supervision Authority of their transactions with Metso’s share. We will publish stock exchange releases on these transactions when the transactions reach a threshold of EUR 5,000 (without netting) on a yearly level, in accordance with the provisions of the MAR.

Disclosure practices

Our communications is based on facts. We communicate both positive and negative issues equally and simultaneously to all stakeholders with an aim to give a fair and correct view of our operations. We do not comment on market rumors, the development of our own or competitors’ share price, the actions of specific competitors or customers, or analyst estimates.

Regulated disclosures include information about our financial performance which is released according to a schedule announced in advance. According to the MAR, any inside information that directly concerns Metso is made public as soon as possible and a business matter containing inside information is disclosed to the market at the time when it is deemed to become inside information.

More information is available at our Disclosure Policy.

Silent period

We observe a 21-day silent period prior to the publication of our financial results. During this time, we do not comment on the financial performance, markets or outlook or meet with capital markets representatives or the financial media.

Insider management and disclosure of information in 2017

In total 17 managerial transaction notifications were published during 2017 and they are available at news archive.

The members of the Board of Directors, the President and CEO, and the members of the Metso Executive Team, that have acted in the duty during 2017, have confirmed for 2017 that neither they nor their related parties have engaged in business transactions with Metso.

Closed windows in 2020

  • January 7 – February 6, 2020
  • April 7 – May 7, 2020
  • July 6 – August 5, 2020

Closed window ends upon the publication of the financial review.

The Extraordinary General Meeting of Metso approved on October 29, 2019, a plan to combine Metso’s Minerals Business and Outotec to create Metso Outotec. As a result, Metso’s Flow Control business will become the continuing business of the currently listed Metso, which will be subsequently renamed Neles, an independent listed company supplying flow control products and services. The completion of the demerger is targeted to be registered in the second quarter of 2020, subject to the receipt of all required regulatory and other approvals.

The financial information schedule for Metso Outotec and the future Neles for the latter part of 2020 will be published separately at a later date.

Management and their closely related persons are advised to notify Metso Corporation and FIN-FSA of transactions in accordance with Market Abuse Regulation from July 3, 2016 onwards.