Notification according to chapter 9, section 5 and 6 of the Securities Market Act: Société Générale SA (SG SA)’s holding in Neles
Neles Corporation, Stock exchange release on April 8, 2021 at 10:00 a.m. EEST
Neles Corporation has received a notification, pursuant to Chapter 9, Section 5 and 6 of the Finnish Securities Markets Act, from Société Générale SA (SG SA) that on April 6, 2021, their total holding in Neles shares and financial instruments exceeded 5 percent threshold. Neles’ total number of shares and voting rights is 150,348,256.
Société Générale SA (SG SA)’s position 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 | 0.88 | 4.34 | 5.22 |
| Position of previous notification | 0.21 | 4.75 | 4.96 |
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 | 1,321,538 | - | 0.88% | - |
| SUBTOTAL A | 1,321,538 | 0.88% | ||
B: Financial Instruments according to SMA 9:6a
| Type of financial instrument | Expiration date | Exercise Period | Physical or cash settlement | Number of shares and voting rights | % of shares and voting rights |
|---|---|---|---|---|---|
| OTC Call Option on Basket | 03/01/2033 | Until 03/01/2033 | Cash | 900,000 | 0.60% |
| Certificate | 03/01/2033 | Until 03/01/2033 | Cash | 600,000 | 0.40% |
| OTC Call Option | 03/01/2033 | Until 03/01/2033 | Cash | 2,060,800 | 1.37% |
| Listed Call Warrant | 03/01/2033 | Until 03/01/2033 | Cash | 2,960,285 | 1.97% |
| SUBTOTAL B | 6,521,085 | 4.34% |
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 |
|---|---|---|---|
| Société Générale S.A. | 0.88% | 2.37% | 3.25% |
| Société Générale Effekten Gmbh | 0% | 1.97% | 1.97% |
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 the safe flow of materials. Neles is listed on the Nasdaq Helsinki in Finland and had sales of about EUR 576 million in 2020. Neles employs about 2,850 people in approximately 40 countries.