Metso Corporation Has Received Notification
OREANDA-NEWS. 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 holding of mutual funds managed by BlackRock, Inc. of the total amount of shares and financial instruments entitling to shares of Metso Corporation.
On August 25, 2016, BlackRock, Inc.'s aggregate holding in Metso exceeded the 5 percent threshold and amounted to 7,656,491 shares or 5.09 percent of Metso's shares and votes. BlackRock, Inc.'s holding through financial instruments in Metso Corporation amounted to 1,418,084 shares, which corresponds to 0.94 percent of the total amount of shares in Metso Corporation. On August 25, 2016, BlackRock, Inc.'s total position in Metso Corporation amounted to 9,074,575 or 6.03 percent of Metso's shares and votes.
Metso's total number of shares and voting rights is 150,348,256.
Metso is a world leading industrial company serving the mining, aggregates, recycling, oil, gas, pulp, paper and process industries. We help our customers improve their operational efficiency, reduce risks and increase profitability by using our unique knowledge, experienced people and innovative solutions to build new, sustainable ways of growing together.
Our products range from mining and aggregates processing equipment and systems to industrial valves and controls. Our customers are supported by a broad scope of services and a global network of over 80 service centers and about 6,400 services professionals. Metso has an uncompromising attitude towards safety.
Metso is listed on the NASDAQ OMX Helsinki, Finland, and had net sales of about EUR 2.9 billion in 2015. Metso employs over 12,000 persons in more than 50 countries. Expect results.