HELSINKI, Finland, Nov. 30, 2015 (GLOBE NEWSWIRE) -- 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 November 26, 2015, BlackRock, Inc.'s aggregate direct holding in Metso fell below the 5 percent threshold. According to their previous notification, BlackRock, Inc.'s direct holding on November 12, 2015, amounted to 7,524,136 shares and corresponded to 5.00 percent of Metso's shares and votes.
On November 26, 2015, BlackRock, Inc.'s aggregate direct holding and holding through financial instruments in Metso Corporation amounted to 8,615,241 shares, which corresponds to 5.73 percent of the total amount of shares in Metso Corporation.
Metso is the world's leading industrial company in the mining and aggregates industries and in the flow control business. Our knowledge, people and solutions help drive sustainable improvements in performance and profitability in our customers' businesses.
Metso has an uncompromising attitude towards safety. Our products range from mining and construction equipment and systems to industrial valves and controls. Our solutions are delivered and supported by decades of process knowledge and a broad scope of services backed by a global footprint of over 90 service centers, thousands of service employees, and an extensive logistics network.
Metso is listed on the NASDAQ OMX Helsinki, Finland. In 2014, Metso's net sales totaled EUR 3.7 billion. Metso employs approximately 13,000 industry experts in more than 50 countries. Expect results.
Further information, please contact:
Juha Rouhiainen, VP, Investor Relations, Metso Corporation, tel +358 20 484 3253
VP, Investor Relations
NASDAQ OMX Helsinki Ltd