FacebookInstagrammenu-iconicon-playscroll-downsearchTwitterYouTube
Menu
Fri November 17 03:15 pm 2017 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 November 17, 2017, at 3:15 p.m.

Nokian Tyres has received an announcement from BlackRock, Inc. on November 17, 2017, 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 November 16, 2017. The indirect shareholding of BlackRock, Inc. in Nokian Tyres has decreased to 6,759,159 shares, corresponding to 4.92% of Nokian Tyres’ shares and voting rights.

The mutual funds managed by BlackRock, Inc. held on deal date a total of 7,356,479 Nokian Tyres’ shares representing 5.36% of company’s 137,201,374 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  4.92% 0.43% 5.36%  137,201,374 
Positions of previous notification  5.04% 0.37% 5.41% 

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 6,759,159  4.92%
SUBTOTAL A  6,759,159  4.92%

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  534,238  0.38% 
CFD N/A  N/A  Cash 63,082  0.04% 
SUBTOTAL B  597,320  0.43% 

Nokian Tyres plc

Antti-Jussi Tähtinen
Vice President, Marketing and Communications

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