Notification according to chapter 9, section 5 and 6 of the Securities Market Act: Alfa Laval Treasury International AB (publ)’s holding in Neles
Neles Corporation, Stock exchange release on December 18, 2020 at 5:30 p.m. EET
Neles Corporation has received a notification from Alfa Laval AB (publ), pursuant to Chapter 9, Section 5 and 6 of the Finnish Securities Markets Act, about the holding of Alfa Laval Treasury International AB (publ)’s total number of shares of Neles Corporation.
On November 18, 2020, Alfa Laval Treasury International AB (publ)'s total holding in Neles shares and in financial instruments entitling to shares exceeded the 5 percent threshold and amounted to 12,723,923 shares, or 8.46 percent of Neles’ shares and votes. Neles’ total number of shares and voting rights is 150,348,256.
The transaction giving rise to the notification obligation was an intra-group transfer of shares held in Neles Corporation from Alfa Laval AB (publ) to its indirect subsidiary, Alfa Laval Treasury International AB (publ).
Alfa Laval Treasury International AB (publ)’s holdings according to the notification:
6. Total positions of person(s) subject to the notification obligation:
| % 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 | 8.46 | 0 | 8.46 |
| Position of previous notification | 8.46 | 0 | 8.46 |
7. Notified details of the resulting situation on the date on which the threshold was crossed or reached:
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) |
| FI4000440664 | 12,723,923 | - | 8.46 | - |
| SUBTOTAL A | 12,723,923 | 8.46 | ||
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity:
| Name | % of shares and voting rights | % of shares and voting rights through financial instruments | Total of both |
|---|---|---|---|
| Alfa Laval AB (publ) | 0 | 0 | 0 |
| Alfa Laval Holding AB | 0 | 0 | 0 |
| Alfa Laval NV | 0 | 0 | 0 |
| Alfa Laval Corporate AB | 0 | 0 | 0 |
| Alfa Laval Treasury International AB (publ) | 8.46 | 0 | 8.46 |
10. Additional information:
The transaction giving rise to the notification obligation is an intra-group transfer of shares held in Neles Corporation from Alfa Laval AB (publ) to its indirect subsidiary, Alfa Laval Treasury International AB (publ).
Neles Corporation
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Nasdaq Helsinki
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www.neles.com
Neles is one of the leading providers of mission-critical flow control solutions and services for process industries. With our global team of experts and innovative solutions, we help our customers to improve their process performance and ensure safe flow of materials. Neles is listed on the Nasdaq Helsinki in Finland and had sales of about EUR 660 million in 2019. Neles employs about 2,900 people in around 40 countries. Neles was created in the partial demerger of Metso Corporation, and trading in Neles stock started on July 1, 2020.