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Thu January 25 03:45 pm 2018 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 January 25, 2018, at 3:45 p.m. 

Nokian Tyres has received an announcement from BlackRock, Inc. on January 25, 2018, according to which BlackRock, Inc.'s indirect holding in Nokian Tyres shares exceeded level of 5% of the share capital in Nokian Tyres plc, as a result of share transactions concluded on January 24, 2018. The indirect shareholding of BlackRock, Inc. in Nokian Tyres has increased to 6,934,988 shares, corresponding to 5.05% of Nokian Tyres’ shares and voting rights.

The mutual funds managed by BlackRock, Inc. held on deal date a total of 7,528,826 Nokian Tyres’ shares representing 5.48% of company’s 137,266,582 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  5.05% 0.43% 5.48%  137,266,582 
Positions of previous notification  4.94% 0.48% 5.43% 

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 6,934,988  5.05%
SUBTOTAL A  6,934,988  5.05%

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  372,338  0.27% 
CFD N/A  N/A  Cash 221,500  0.16% 
SUBTOTAL B  593,838  0.43% 

Nokian Tyres plc

Antti-Jussi Tähtinen
Vice President, Marketing and Communications

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