SECURITIES AND EXCHANGE COMMISSION
FORM 6-K
Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
[June 20, 2005]
Metso Corporation
(Translation of registrants name into English)
Fabianinkatu 9 A,
PO Box 1220
FIN-00101
Helsinki, Finland
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F
Form 20-F þ Form 40-F o
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes o No þ
If Yes is marked, indicate below the file number assigned to the registrant in connection with Rule 12g-32(b):82-
SIGNATURES | ||||||||
Franklin Resources Inc.s holdings in Metso to 5.36 percent |
SIGNATURES
Date June 20, 2005
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf of the undersigned, thereunto duly authorized.
Name:
Olli Vaartimo
|
Harri Luoto | |
Executive Vice President and CFO
|
Senior Vice President, | |
Metso Corporation
|
General Counsel | |
Metso Corporation |
Franklin Resources Inc.s holdings in Metso to 5.36 percent
(Helsinki, Finland, June 20, 2005) Metso Corporation (NYSE: MX; OMX: MEO)
Metso Corporation has been informed about an increase in the holding of the mutual funds and separate accounts managed by Franklin Resources, Inc. of the paid up share capital of Metso Corporation. On June 14, 2005, Franklin Resources, Incs holdings amounted to 3.51 percent of the paid up share capital and 5.36 percent of the voting rights of Metso Corporation after being, on the basis of their previous announcement, 2.82 percent of the paid up share capital and 4.95 percent of the voting rights on January 26, 2005.
Holdings by mutual funds of Franklin Resources, Inc. were as follows on June 14, 2005:
Franklin Mutual Advisers, LLC
|
1,845,600 | shares | ||||
Franklin Templeton Investments (Asia) Ltd.
|
576,670 | shares | ||||
Franklin Templeton Investment Mgmt. Ltd.
|
2,116,825 | shares | ||||
Templeton Investment Counsel, LLC
|
432,426 | shares | ||||
Total
|
4,971,521 | shares |
This holding amounts to 3.51 percent of the paid up share capital and the total voting rights of Metso Corporation.
In addition, Franklin Resources, Inc. has voting authority representing 1.85 percent of total shares and ADRs as follows:
Franklin Templeton Investments (Asia) Ltd.
|
182,634 | ADRs | ||||
Templeton Investment Counsel, LLC
|
2,176,764 | shares | ||||
Franklin Templeton Investment Mgmt. Ltd.
|
216,040 | shares | ||||
Franklin Templeton Investments Corp.
|
41,080 | shares | ||||
Franklin Templeton Investments (Asia) Ltd.
|
5,535 | shares | ||||
Total
|
2,622,053 | shares/ADRs |
Metso is a global technology corporation serving customers in the pulp and paper industry, rock and minerals processing, the energy industry and selected other industries. In 2004, the net sales of Metso Corporation were approx. EUR 4 billion, and it has some 22,000 employees in more than 50 countries. Metsos shares are listed on the Helsinki and New York Stock Exchanges.
For further information, please contact:
Johanna Sintonen, Vice President, Investor Relations Metso Corporation, tel. +358 204 84 3253
Harri Luoto, Senior Vice President, General Counsel, Metso Corporation, tel. +358 204 84 3240
or
USA: Mike Phillips, Senior Vice President, Finance and Administration, Metso USA, Inc., tel. +1 770 246 7237.