Metso Outotec 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 Varma Mutual Pension Insurance Company of the total amount of shares and financial instruments entitling to shares of Metso Outotec Corporation.
On July 1, 2020, Varma Mutual Pension Insurance Company’s aggregate holding in Metso Outotec (Outotec Oyj until June 30, 2020) fell below the 5 percent threshold of Metso Outotec’s shares and votes. Metso Outotec’s total number of shares and voting rights is 828,972,440.
Varma Mutual Pension Insurance Company’s holdings according to the notification:
|% 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||Below 5%||-||Below 5%|
|Position of previous notification||Above 5%||-||Above 5%|
|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)|
|B: Financial Instruments according to SMA 9:6a|
|Type of financial instrument||Expiration date||Exercise Period||Physical of cash settlement||Number of shares and voting rights||% of shares and voting rights|
Metso Outotec Corporation
Metso Outotec is a frontrunner in sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing, metals refining and recycling industries globally. By improving our customers’ energy and water efficiency, increasing their productivity, and reducing environmental risks with our product and process expertise, we are the partner for positive change.
Headquartered in Helsinki, Finland, Metso Outotec employs over 15,000 people in more than 50 countries and its illustrative combined sales for 2019 were about EUR 4.2 billion. The company is listed on the Nasdaq Helsinki. mogroup.com, twitter.com/metsooutotec