Metso Corporation has received a notification, pursuant to Chapter 9, Section 5 and 6 of the Finnish Securities Markets Act
OREANDA-NEWS. 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 August 23, 2016, BlackRock, Inc.'s aggregate holding in Metso fell below the 5 percent threshold and amounted to 7,298,536 shares or 4.85 percent of Metso's shares and votes. BlackRock, Inc.'s holding through financial instruments in Metso Corporation amounted to 1,578,762 shares, which corresponds to 1.05 percent of the total amount of shares in Metso Corporation. On August 23, 2016, BlackRock, Inc.'s total position in Metso Corporation amounted to 8,877,298 or 5.90 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 | 4.85% | 1.05% | 5.90% |
Position of previous notification | 5.07% | 1.01% | 6.08% |
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) |
|||||
FI0009007835 | 7,298,536 | 4.85% | |||||||
SUBTOTAL A | 7,298,536 | 4.85% | |||||||
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 |
||||
Securities Lent | N/A | N/A | Physical | 1,562,072 | 1.03% | ||||
CDF | N/A | N/A | Cash | 16,690 | 0.01% | ||||
SUBTOTAL B | 1,578,762 | 1.05% |
Metso is a world leading industrial company serving the mining, aggregates, recycling, oil, gas, pulp, paper and process industries. We help our customers improve their operational efficiency, reduce risks and increase profitability by using our unique knowledge, experienced people and innovative solutions to build new, sustainable ways of growing together.
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