The proportion of shares of Metsäliitto Cooperative in Metsä Board has exceeded the 50% threshold
Metsä Board Corporation Stock Exchange release (Flagging release) 30 December 2022 at 3 pm EET
Metsä Board Corporation has received an announcement under Chapter 9, Section 5 of the Securities Markets Act, from Metsäliitto Cooperative on 29 December 2022.
The flagging notification is based on an acquisition of shares or voting rights.
According to the announcement, the total shares of Metsäliitto Cooperative in Metsä Board Corporation has exceeded the 50% threshold on 29 December 2022. According to the flagging notification, Metsäliitto Cooperative's indirect ownership as stated in the flagging notification consists entirely of treasury shares held by Metsä Board Corporation.
Metsäliitto Cooperative has announced the following information:
| % shares and voting rights (total of A) | % shares and voting rights through financial instruments (total of B) | Total of both in % (A+B) | Total number of shares and voting rights of issuer | |
| Resulting situation on the date on which threshold was exceeded | 50.12% of shares and 68.23% of voting rights | - | 50.12% of shares and 68.23% of voting rights | Shares: 355,512,746 Voting rights: 978,754,071 |
| Position of previous notification (if applicable) | 47.04% of shares and 66.74% of voting rights | - | 47.04% of shares and 66.74% of voting rights |
Notified details of the resulting situation after the threshold was exceeded:
| A: Shares and voting rights | Number of shares and voting rights | % of shares and voting rights | ||
| Class / type of shares ISIN code | Direct (SMA 9:5) | Indirect (SMA 9:6 and 9:7) | Direct (SMA 9:5) | Indirect (SMA 9:6 and 9:7) |
| FI0009000665 (B-share) | 151,416,697 shares and 151,416,697 voting rights | 1,000,000 shares and 1,000,000 voting rights | 42.59% of shares and 15.47% of voting rights | 0.28% of shares and 0.10% of voting rights |
| FI0009000640 (A-share) | 25,767,605 shares and 515,352,100 voting rights | - | 7.25% of shares and 52.65% of voting rights | - |
| A TOTAL | 178,184,302 shares and 667,768,797 voting rights | 50.12% of shares and 68.23% of voting rights | ||
METSÄ BOARD CORPORATION
Further information:
Katri Sundström, VP, Investor Relations, tel. +358 10 462 0101
Metsä Board
metsagroup.com/metsaboard
Metsä Board is a leading European producer of premium fresh fibre paperboards. We focus on lightweight and high-quality folding boxboards, food service boards and white kraftliners. The pure fresh fibres we use in our products are a renewable and recyclable resource, that can be traced back to sustainably managed northern forests. We are a forerunner in sustainability, and we aim to have completely fossil free mills and raw materials by the end of 2030.
Together with our customers we develop innovative packaging solutions to create better consumer experiences with less environmental impact. In 2021 our sales totalled EUR 2.1 billion, and we have around 2,400 employees. Metsä Board, part of Metsä Group, is listed on the Nasdaq Helsinki.