Metso Corporation has received a notification, pursuant to Chapter 9, Section 5 and 6 of the Finnish Securities Markets Act, about a change in the holding of mutual funds managed by BlackRock, Inc. of the total amount of shares and financial instruments entitling to shares of Metso Corporation.
On February 12, 2020, BlackRock, Inc.'s total holding in Metso shares and in financial instruments entitling to shares exceeded the 5 percent treshold. BlackRock, Inc. had 7,186,776 shares or 4.78 percent of Metso’s shares and votes. BlackRock, Inc.'s holding through financial instruments in Metso Corporation amounted to 502,588 shares, which corresponds to 0.33 percent of the total amount of Metso’s shares. On February 12, 2020, BlackRock, Inc.'s total position in Metso Corporation amounted to 7,689,364 or 5.11 percent of Metso’s shares and votes. Metso’s total number of shares and voting rights is 150,348,256.
BlackRock, Inc.’s holdings according to the notification:
|% of shares and voting rights (A)||% of shares and voting rights through financial instruments (B)||Total of both in %
(A + B)
|Resulting situation on the date on which the threshold was reached||4.78%||0.33%%||5.11%|
|Position of previous notification||Below 5%||Below 5%||Below 5%|
|A: Shares and voting rights|
|Number of shares and voting rights||% of shares and voting rights|
|ISIN Code||Direct (SMA 9:5)||Indirect (SMA 9:6 and 7)||Direct (SMA 9:5)||Indirect (SMA 9:6 and 7)|
|B: Financial Instruments according to SMA 9:6a|
|Type of financial instrument||Expiration date||Exercise Period||Physical of cash settlement||Number of shares and voting rights||% of shares and voting rights|
Metso is a world-leading industrial company offering equipment and services for the sustainable processing and flow of natural resources in the mining, aggregates, recycling and process industries. With our unique knowledge and innovative solutions, we help our customers improve their operational efficiency, reduce risks and increase profitability. Metso is listed on the Nasdaq Helsinki in Finland and had sales of about EUR 3.6 billion in 2019. Metso employs over 15,000 people in more than 50 countries.