Valmet Corporation's stock exchange release on January 7, 2014 at 05:00 p.m. EET
The following table sets forth the 10 largest shareholders of Valmet Corporation
that appeared on the shareholder register maintained by Euroclear Finland Ltd as
at January 3, 2014.
Â Percent of Shares and
Number of Shares Votes
Solidium OyÂ 16,695,287 11.14
Ilmarinen Mutual Pension Insurance
CompanyÂ Â Â Â Â Â Â Â Â Â Â 4,450,126 2.97
Varma Mutual Pension Insurance Company 2,908,465 1.94
The State Pension Fund 1,720,000 1.15
Nordea Nordenfonden 1,566,531 1.05
Keva 1,543,015 1.03
Mandatum Life Insurance Company Ltd 1,487,381 0.99
Svenska LitteratursÃ¤llskapet i Finland
rf 1,188,076 0.79
Skagen Global Verdipapirfond 882,429 0.59
ElÃ¤ke-Fennia Mutual Insurance Company 871,000 0.58
Other shareholdersÂ Â Â Â Â Â Â Â Â Â Â Â 116,552,309 77.77
TotalÂ Â Â Â Â Â Â Â Â Â Â Â Â 149,864,619 100.00
In addition, pursuant to the notification received by Valmet Corporation from
Cevian Capital II Master Fund L.P. and its wholly-owned subsidiary Cevian
Capital Partners Ltd, Cevian Capital II Master Fund L.P. and Cevian Capital
Partners Ltd owned on December 30, 2013 a total of 20,813,714 shares in Metso
Corporation ("Metso"), which corresponds to 13.84 percent of the total amount of
shares and votes in Metso.Taking into account the fact that no demerger
consideration was issued in respect of treasury shares held by Metso, Cevian
Capital II Master Fund L.P.'s and Cevian Capital Partners Ltd's ownership in
Valmet based on the above-mentioned ownership in Metso corresponds to 13.89
percent of the total amount of shares and votes in Valmet.
Monday December 30, 2013 was the last trading day on which the right to the
demerger consideration was included in Metso's share and its price. From
Thursday January 2, 2014 onwards, Valmet's share has been traded as a separate
share class. In a situation where a shareholder of Metso has sold his/her
shares, but the transaction has not been cleared prior to the effective date of
the demerger (December 31, 2013), the right to the demerger consideration is
transferred to the purchaser of the Metso share in accordance with the general
market practice, and the demerger consideration will be transferred on the book-
entry account of the purchaser together with the purchased Metso shares after
the transaction has been cleared. The normal settlement period for stock
exchange trades is three banking days and all trades in the shares of Metso
executed with this settlement cycle on December 30, 2013 are shown in the
shareholder register of Valmet as at January 3, 2014.
Further information, please contact:
Hanna-Maria Heikkinen, VP, Investor Relations, Valmet Corporation, tel.
+358 10 672 0007
Rasmus Oksala, VP, Legal, Valmet Corporation, tel. +358 20 484 3252
VP, Investor Relations
Valmet Corporation is a leading global developer and supplier of services and
technologies for the pulp, paper and energy industries. Our 11,000 professionals
around the world work close to our customers and are committed to moving our
customers' performance forward - every day.
Valmet's services cover everything from maintenance outsourcing to mill and
plant improvements and spare parts. Our strong technology offering includes
entire pulp mills, tissue, board and paper production lines, as well as power
plants for bio-energy production.
The company has over 200 years of industrial history and was reborn through the
demerger of the pulp, paper and power businesses from Metso Group in December
2013. Valmet's net sales in 2012 were approximately EUR 3 billion. Valmet's
objective is to become the global champion in serving its customers.
Valmet's head office is in Espoo, Finland and its shares are listed on the
NASDAQ OMX Helsinki Ltd.
Read more www.valmet.com , www.twitter.com/valmetglobal
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Source: Valmet Corporation via GlobeNewswire