Notification according to chapter 9, section 5 and 6 of the Securities Market Act: Skandinaviska Enskilda Banken AB’s holding in Neles
Neles Corporation, Stock exchange release on November 13, 2020 at 10:00 a.m. EET
Neles Corporation has received a following notification:
On November 11, 2020, Skandinaviska Enskilda Banken AB's total holding in Neles shares and in financial instruments entitling to shares fell below the 5 percent threshold. Neles’ total number of shares and voting rights is 150,348,256.
Skandinaviska Enskilda Banken AB’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 | 0.01% | 0.00% | 0.01% |
| Position of previous notification | 8.53% | 0.91% | 9.44% |
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 | 0 | 18 961 | 0.00% | 0.01% |
| SUBTOTAL A | 18 961 | 0.01% | ||
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 |
|---|---|---|---|
| Skandinaviska Enskilda Banken AB | 0.00% | 0.00% | 0.00% |
| SEB Life International Assurance Company Ltd | 0.01% | 0.00% | 0.01% |
Neles Corporation
Distribution:
Nasdaq Helsinki
Media
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.