A shareholder of a listed company has an obligation to inform the Financial Supervisory Authority (FSA) and the listed company in question of the changes in its holding in the listed company's shares. A listed company publishes the flogging notification received from a shareholder.
Under the provisions of the Securities Markets Act, changes in holdings must be disclosed when the holding reaches, exceeds or falls below 5, 10, 15, 20, 25, 30, 50 or 66.7 (2/3) per cent of the voting rights or the numbers of shares of the company.
The flagging notifications must be sent to investors(at)metsaboard.com.
Flagging notifications in Metsä Board's share
Information from the year 2011 onwards
| Date of change | Company | Change in holding | Release |
| 10 March 2020 | Metsäliitto Cooperative | votes > 2/3 | See details |
| 17 December 2019 | Ilmarinen Mutual Pension Company | shares and votes < 5% | See details |