Notification according to chapter 9, section 5 and 6 of the Securities Market Act: BlackRock Inc.’s holding in Metso
Metso Corporation’s stock exchange release on May 15, 2024, at 11:00 a.m. EEST
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 shareholding of BlackRock, Inc.
On May 13, 2024, BlackRock's holding in Metso’s shares fell below the 5 percent threshold and amounted to 40,869,435 shares or 4.93 percent of total shares and votes. BlackRock's holding through financial instruments in Metso amounted to 904,576 shares, which corresponds to 0.10 percent of the total amount of Metso’s shares. On May 13, 2024, BlackRock's total position amounted to 41,774,011 or 5.03 percent of Metso’s shares and votes. Metso’s total number of shares and voting rights is 828,972,440.
BlackRock, Inc.’s holdings according to the notification:
% of shares and voting rights (total of 7.A) |
% of shares and voting rights through financial instruments (total of 7.B) |
Total of both in % (7.A + 7.B) | |
Resulting situation on the date on which threshold was crossed or reached | 4.93% | 0.10% | 5.03% |
Position of previous notification | 5.02% | 0.07% | 5.10% |
A: Shares and voting rights | |||||||||
Class/type of shares |
Number of shares and voting rights | % of shares and voting rights | |||||||
ISIN code | Direct(SMA 9:5) | Indirect(SMA 9:6 and 9:7) | Direct(SMA 9:5) | Indirect(SMA 9:6 and 9:7) | |||||
FI0009014575 | 40,869,435 | 4.93% | |||||||
SUBTOTAL A | 40,869,435 | 4.93% | |||||||
B: Financial Instruments according to SMA 9:6a | |||||||||
Type of financial instrument | Expiration date |
Exercise/ Conversion Period |
Physical or cash settlement | Number of shares and voting rights | % of shares and voting rights | ||||
American Depositary Receipt (US5926721094) | N/A | N/A | Physical | 9,005 | 0.00% | ||||
Securities Lent | N/A | N/A | Physical | 895,571 | 0.10% | ||||
SUBTOTAL B | 904,576 | 0.10% | |||||||
Metso Corporation
Distribution:
Nasdaq Helsinki Ltd
Main media
www.metso.com
Metso is a frontrunner in sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries globally. We improve our customers’ energy and water efficiency, increase their productivity, and reduce environmental risks with our product and service expertise. We are the partner for positive change.
Headquartered in Espoo, Finland, Metso employs over 17,000 people in close to 50 countries and sales for 2023 were about EUR 5.4 billion. The company is listed on the Nasdaq Helsinki. metso.com, x.com/metsoofficial