2020-08-07 16:15:00 CEST

2020-08-07 16:15:07 CEST


REGULATED INFORMATION

English
Neles Oyj - Major shareholder announcements

Notification according to chapter 9, section 5 and 6 of the Securities Market Act: BlackRock Inc.’s holding in Neles


Neles Corporation, Stock exchange release on August 7, 2020 at 17.15 EEST

Neles 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 Neles Corporation.

On August 6, 2020, BlackRock, Inc.'s total holding in Neles shares and in
financial instruments entitling to shares exceeded 5 percent. Neles’ total
number of shares and voting rights is 150,348,256.

BlackRock Inc.’s position according to their notification:

6. Total
positions of
person(s)
subject to the
notification
obligation:
                   % of     % of shares    Total   Total number of shares
                  shares     and voting      of    and voting rights of
                    and        rights       both   issuer
                  voting      through       in %
                  rights     financial     (7.A +
                  (total    instruments     7.B)
                  of 7.A)  (total of 7.B)
Resulting          5.39%        N/A        5.39%   150,348,256
situation on the
date on
which threshold
was crossed or
reached
Position of        Below      Below 5%     Below
previous            5%                       5%
notification
(if applicable)

7. Notified
details of the
resulting
situation on
the date on
which the
threshold was
crossed or
reached:
A: Shares and
voting rights
Class/type of  Number of                 % of shares and voting rights
sharesISIN     shares and
code (if       voting
possible)      rights
 Direct(SMA    Indirect(SMA  Direct(SMA  Indirect(SMA 9:6 and 9:7)
    9:5)       9:6 and 9:7)     9:5)
FI4000440664                 8,108,839                              5.39%
SUBTOTAL A                   8,108,839                              5.39%

Neles Corporation

Distribution:

Nasdaq Helsinki

Media

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 safe flow of materials. Neles is listed on the Nasdaq Helsinki in
Finland and had sales of about EUR 660 million in 2019. Neles employs about
2,900 people in around 40 countries. Neles was created in the partial demerger
of Metso Corporation, and trading in Neles stock started on July 1, 2020.

www.neles.com, Twitter (http://www.twitter.com/nelesflow)