Metsä Board Corporation: Disclosure under Chapter 9 Section 5 of the Securities Market Act

Metsä Board Corporation Flagging notification 17 December 2019 at 4:45 pm EET
  • Stock exchange releases
  • |
  • |
  • Metsä Board

Metsä Board Corporation has received on 17 December 2019 an announcement under Chapter 9, Section 5 of the Securities Markets Act, from Ilmarinen Mutual Pension Company.

According to the announcement, the total holdings of shares and votes of Ilmarinen Mutual Pension Company in Metsä Board Corporation has fallen below the 5 percent threshold.

The flagging notification is based on a share conversion registered on 17 December 2019 in which 2,271,147 A shares (FI0009000640) owned by Ilmarinen Mutual Pension Company were converted to 2,271,147 B shares (FI0009000665).

The holding of Ilmarinen Mutual Pension Company according to the notification:

  % shares and voting rights (total of A) % shares and voting rights through financial instruments (total of B) Total of both in %(A+B) Total number of shares and voting rights of issuer
Resulting situation on the date on which threshold was crossed or reached 2.74% and 3.40% - 2.74% ja 3.40% 355,512,746 and 984,178,039
Position of previous notification (if applicable) 1.65% - 1.65% and 6.81% -

Notified details of the resulting situation on the date on which the threshold was crossed or reached:

A: Shares and voting rights Numbers of shares and voting rights % of shares and voting rights
Class / type of shares ISIN code Direct
(SMA 9:5)
Indirect (SMA 9:6 and 9:7) Direct (SMA 9:5) Indirect (SMA 9:6 and 9:7)
FI0009000640 (A) 1,250,000 and 25,000, 000 - 0.35% and 2,54% -
FI0009000665 (B) 8,492,608 and 8,492,608 - 2.39% and 0.86% -
A TOTAL 9,742,608 and 22,492,608 2.74% and 3.40%


Further information:

Katri Sundström, VP, Investor Relations, tel. +358 10 462 0101

Metsä Board

Metsä Board is a leading European producer of premium fresh fibre paperboards including folding boxboards, food service boards and white kraftliners. Our lightweight paperboards are developed to provide better, safer and more sustainable solutions for consumer goods as well as retail-ready and food service applications. We work together with our customers on a global scale to innovate solutions for better consumer experiences with less environmental impact. The pure fresh fibres Metsä Board uses are a renewable resource, traceable to origin in sustainably managed northern forests.

The global sales network of Metsä Board supports customers worldwide, including brand owners, retailers, converters and merchants. In 2018, the company’s sales totalled EUR 1.9 billion, and it has approximately 2,400 employees. Metsä Board, part of Metsä Group, is listed on the Nasdaq Helsinki.

 Follow Metsä Board: Twitter LinkedIn YouTube Instagram