Neles Corporation, Stock exchange release on February 9, 2021 at 10:00 a.m. EET
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 February 5, 2021, their total holding in Neles shares and financial instruments fell below 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|% of shares and voting rights|Total of |
| | voting rights |through financial instruments|both in %|
| | (A) | (B) | (A + B) |
+----------------+---------------+-----------------------------+---------+
|Resulting | 0.60 | 4.34 | 4.94 |
|situation on the| | | |
|date | | | |
|on which the | | | |
|threshold was | | | |
|reached | | | |
+----------------+---------------+-----------------------------+---------+
|Position of | 0.71 | 4.34 | 5.05 |
|previous | | | |
|notification | | | |
+----------------+---------------+-----------------------------+---------+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 | Indirect | Direct | Indirect |
| |(SMA 9:5)| (SMA 9:6 and 7) |(SMA 9:5)| (SMA 9:6 and 7) |
+------------+---------+------------------------+---------+-------------------+
|FI4000440664| 909,427 | - | 0.60% | - |
+------------+---------+------------------------+---------+-------------------+
|SUBTOTAL A | 909,427 | 0.60% |
+------------+---------+------------------------+---------+-------------------+B: Financial Instruments according to SMA 9:6a
+-----------+----------+---------+-----------+-----------------+-----------+
|Type of |Expiration|Exercise |Physical or|Number of shares |% of shares|
|financial | date | Period | cash |and voting rights|and voting |
|instrument | | |settlement | | rights |
+-----------+----------+---------+-----------+-----------------+-----------+
|OTC Call |03/01/2033| Until | Cash | 900,000 | 0.60% |
|Option on | |03/01/203| | | |
|Basket | | 3 | | | |
+-----------+----------+---------+-----------+-----------------+-----------+
|Certificate|03/01/2033| Until | Cash | 599,959 | 0.40% |
| | |03/01/203| | | |
| | | 3 | | | |
+-----------+----------+---------+-----------+-----------------+-----------+
|OTC Call |03/01/2033| Until | Cash | 2,060,800 | 1.37% |
|Option | |03/01/203| | | |
| | | 3 | | | |
+-----------+----------+---------+-----------+-----------------+-----------+
|Listed Call|03/01/2033| Until | Cash | 2,960,285 | 1.97% |
|Warrant | |03/01/203| | | |
| | | 3 | | | |
+-----------+----------+---------+-----------+-----------------+-----------+
| | | | SUBTOTAL B| 6,521,044 | 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|% of shares and voting rights|Total of both|
| |and voting |through financial instruments| |
| | rights | | |
+-------------+-----------+-----------------------------+-------------+
|Société | 0.60% | 2.37% | 2.97% |
|Générale S.A.| | | |
+-------------+-----------+-----------------------------+-------------+
|Société | 0% | 1.97% | 1.97% |
|Générale | | | |
|Effekten Gmbh| | | |
+-------------+-----------+-----------------------------+-------------+Neles Corporation
Distribution:
Nasdaq Helsinki
Media
www.neles.com (https://nelescorp-my.sharepoint.com/personal/petra_toivanen_neles_com/Documents/Releases/Flaggings/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.
www.neles.com, Twitter (http://www.twitter.com/nelesflow)