156,916 Metsä Board A-shares converted into B-shares
Metsä Board Corporation Stock Exchange Release 22 October 2020 at 1 p.m. EET
In accordance with Section 14 of the Articles of Association of Metsä Board Corporation, 156,916 A-shares have been converted into 156,916 B-shares. The conversion has been entered into the Trade Register on 22 October 2020 and trading with these shares is estimated to commence on 23 October 2020.
The total number of Metsä Board shares is 355,512,746. After the conversion the amount of A-shares is 32,930,731 which entitle to approximately 67 per cent of the voting rights in Metsä Board and the amount of B-shares 322,582,015 which entitle to approximately 33 per cent of the voting rights.
METSÄ BOARD CORPORATION
Further information:
Katri Sundström, VP, Investor Relations, tel. +358 10 462 0101
Metsä Board
Metsä Board is a leading European producer of premium fresh fibre paperboards and forerunner in sustainability. We produce premium lightweight folding boxboards, food service boards and white kraftliners for consumer goods packaging as well as retail-ready and food service applications. We work together with our customers on a global scale to innovate solutions for better consumer experiences with less environmental impact. The pure fresh fibres Metsä Board uses are a renewable resource, traceable to origin in sustainably managed northern forests. We aim for completely fossil free mills and raw materials by 2030.
The global sales network of Metsä Board supports customers worldwide, including brand owners, retailers, converters and merchants. In 2019, the company’s sales totalled EUR 1.9 billion, and it has approximately 2,400 employees. Metsä Board, part of Metsä Group, is listed on the Nasdaq Helsinki.