Thu March 17 09:15 am 2016 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 17 March 2016 at 9:15 a.m.
Nokian Tyres has received an announcement from BlackRock, Inc. on 16 March 2016, 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 a result of a share transactions concluded on 15 March 2016. The indirect shareholding of BlackRock, Inc. in Nokian Tyres has decreased to 6,566,548 shares, corresponding to 4.87% of Nokian Tyres’ shares and voting rights.
The mutual funds managed by BlackRock, Inc. held on deal date a total of 6,938,612 Nokian Tyres’ shares representing 5.15% of company’s 134,691,174 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 | 4.87% | 0.27% | 5.15% | 134,691,174 |
| Positions of previous notification | 5.01% | 0.30% | 5.32% |
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 | 6,566,548 | 4.87% | ||
| SUBTOTAL A | 6,566,548 | 4.87% |
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 | 345,076 | 0.25% |
| CFD | N/A | N/A | Cash | 12,988 | 0.00% |
| Total Return Swap | 22.6.2016 | N/A | Cash | 14,000 | 0.01% |
| SUBTOTAL B | 372,064 | 0.27% |
Nokian Tyres plc
Antti-Jussi Tähtinen
Vice President, Marketing and Communications
Distribution: Nasdaq Helsinki Oy, media and www.nokiantyres.com