Helsinki, Finland, April 5, 2016 (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 April 4, 2016, BlackRock, Inc.'s aggregate direct holding in Metso exceeded the 5 percent threshold. BlackRock, Inc.'s direct holding on April 4, 2016, amounted to 7,816,776 shares and corresponded to 5.19 percent of Metso's shares and votes.
On April 4, 2016, BlackRock, Inc.'s aggregate direct holding and holding through financial instruments in Metso Corporation amounted to 10,161,873 shares, which corresponds to 6.75 percent of the total amount of shares in Metso Corporation.
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.
www.metso.com , www.twitter.com/metsogroup
Further information, please contact:
Juha Rouhiainen, VP, Investor Relations, Metso Corporation, tel +358 20 484 3253
VP, Investor Relations
NASDAQ OMX Helsinki Ltd