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Mon March 23 01:15 pm 2020 in categories Stock exchange releases, Flagging notifications

Nokian Tyres: Disclosure under chapter 9, section 10 of the securities market act

Nokian Tyres plc Stock Exchange Release March 23, 2020, at 1:15 p.m.

Nokian Tyres has received an announcement from BlackRock, Inc. on March 20, 2020, in accordance with the Finnish Securities Market Act Chapter 9, Section 5. According to the announcement BlackRock, Inc.'s indirect holding in Nokian Tyres shares exceeded the level of 5% of the share capital in Nokian Tyres plc, as a result of share transactions concluded on March 19, 2020. The indirect shareholding of BlackRock, Inc. in Nokian Tyres has increased to 6,987,627 shares, corresponding to 5.02% of Nokian Tyres’ shares and voting rights.

BlackRock, Inc. and its funds held on deal date a total of 7,912,036 Nokian Tyres’ shares representing 5.69% of the company’s 138,921,750 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 5.02% 0.66% 5.69% 138,921,750
Positions of previous notification 4.98% 0.86% 5.85%  

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   6,987,627   5.02%
SUBTOTAL A   6,987,627   5.02%

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 907,586 0.65%
Depositary Receipts N/A N/A Physical 3,834 0.00%
CFD N/A N/A Cash 12,989 0.00%
SUBTOTAL B       924,409 0.65%

 

Nokian Tyres plc

Päivi Antola
SVP, Corporate Communications and Investor Relations
Tel. +358 10 401 7327

Distribution: Nasdaq Helsinki Oy, media and www.nokiantyres.com