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Tue February 20 05:00 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 February 20, 2018, at 5:00 p.m.

Nokian Tyres has received an announcement from BlackRock, Inc. on February 20, 2018, 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 result of share transactions concluded on February 19, 2018. The indirect shareholding of BlackRock, Inc. in Nokian Tyres has decreased to 6,858,355 shares, corresponding to 4.99% of Nokian Tyres’ shares and voting rights.

The mutual funds managed by BlackRock, Inc. held on deal date a total of 7,684,856 Nokian Tyres’ shares representing 5.59% of company’s 137,277,072 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  4.99% 0.60% 5.59%  137,277,072 
Positions of previous notification  5.05% 0.43% 5.48% 

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 6,858,355  4.99%
SUBTOTAL A  6,858,355  4.99%

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  568,428  0.41% 
CFD N/A  N/A  Cash 258,073  0.18% 
SUBTOTAL B  826,501  0.60% 

Nokian Tyres plc

Antti-Jussi Tähtinen
Vice President, Marketing and Communications

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