Metso's Nomination Board consist of representatives of Cevian Capital, Solidium, Varma and Ilmarinen
Metso Corporation's stock exchange release on September 2, 2014 at 12:00 noon EET
Representatives of the four largest shareholders registered in Metso's shareholder register as of September 1, 2014 are elected to the Shareholders' 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 2015.
According to the shareholder register, Metso Corporation's four largest shareholders on September 1, 2014 were:
- Cevian Capital (Cevian Capital II Master Fund L.P. and Cevian Capital Partners Ltd) (20 813 714 shares and votes, or 13.83% of share capital and votes),
- Solidium Oy (17 521 287 shares and votes, or 11.65% of share capital and votes),
- Varma Mutual Pension Insurance Company (5 548 465 shares and votes, or 3.69% of share capital and votes)
- Ilmarinen Mutual Pension Insurance Company (4 410 126 shares and votes, or 2.93% of share capital and votes).
Metso Corporation plans to hold its 2015 Annual General Meeting in March 2015.
Metso is a leading process performance provider, with customers in the mining, oil and gas, and aggregates industries. Metso's cutting-edge services and solutions improve availability and reliability in minerals processing and flow control, providing sustainable process and profit improvements. Metso is listed on the NASDAQ OMX Helsinki, Finland. In 2013, Metso's net sales totaled EUR 3.8 billion. Metso employs approximately 16,000 industry experts in 50 countries. Expect results
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