Wed February 28 03:50 pm 2018 in categories Stock exchange releases, Flagging notifications
Nokian Tyres: Disclosure under chapter 9, section 10 of the securities market act. 28.2.2018
Nokian Tyres plc Stock Exchange Release February 28, 2018, at 3:50 p.m.
Nokian Tyres has received an announcement from BlackRock, Inc. on February 28, 2018, according to which BlackRock, Inc.'s indirect holding in Nokian Tyres shares fell below level of 5% of the share capital in Nokian Tyres plc, as result of share transactions concluded on February 27, 2018. The indirect shareholding of BlackRock, Inc. in Nokian Tyres has decreased to 6,635,845 shares, corresponding to 4.83% of Nokian Tyres’ shares and voting rights.
The mutual funds managed by BlackRock, Inc. held on deal date a total of 7,425,820 Nokian Tyres’ shares representing 5.40% of company’s 137,277,072 shares and voting rights.
Total positions of BlackRock, Inc. and its funds subject to the notification:
| % of shares and voting rights (total of A) | % of 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 | 4.83% | 0.57% | 5.40% | 137,277,072 |
| Positions of previous notification | 5.06% | 0.61% | 5.68% |
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 shares ISIN code | Number of shares and voting rights | Number of shares and voting rights | % of shares and voting rights | % of shares and voting rights |
| Direct (SMA 9:5) | Indirect (SMA 9:6 and 9:7) |
Direct (SMA 9:5) | Indirect (SMA 9:6 and 9:7) |
|
| FI0009005318 | 6,635,845 | 4.83% | ||
| SUBTOTAL A | 6,635,845 | 4.83% |
B: Financial instruments according to SMA 9:6a:
| Type of financial instrument |
Expiration date | Exercise/ Conversion Period |
Physical or cash settlement |
Number of shares and voting rights |
% of shares and voting rights |
| Securities Lent | N/A | N/A | Physical | 752,515 | 0.54% |
| CFD | N/A | N/A | Cash | 37,460 | 0.02% |
| SUBTOTAL B | 789,975 | 0.57% |
Nokian Tyres plc
Antti-Jussi Tähtinen
Vice President, Marketing and Communications
Distribution: Nasdaq Helsinki Oy, media and www.nokiantyres.com