Shareholders of listed companies have an obligation to notify both the Finnish Financial Supervision Authority and the listed company of changes in their holdings and voting rights. Listed companies have in turn an obligation to publicly disclose the shareholder's notification.
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 90% or two thirds of the voting rights or the numbers of shares of the company.
A notification of changes in holdings or voting rights must be made without undue delay.
Flagging notifications to Nokian Tyres should be sent to flaggings(at)nokiantyres.com.
More information on the Financial Supervisory Authority's web page.