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Tue February 27 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 27, 2018, at 5:00 p.m.

Nokian Tyres has received an announcement from BlackRock, Inc. on February 27, 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 February 26, 2018. The indirect shareholding of BlackRock, Inc. in Nokian Tyres has increased to 6,959,543 shares, corresponding to 5.06% of Nokian Tyres’ shares and voting rights.

The mutual funds managed by BlackRock, Inc. held on deal date a total of 7,798,636 Nokian Tyres’ shares representing 5.68% 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  5.06% 0.61% 5.68%  137,277,072 
Positions of previous notification  4.99% 0.60% 5.59% 

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 6,959,543  5.06%
SUBTOTAL A  6,959,543  5.06%

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  773,236  0.56% 
CFD N/A  N/A  Cash 65,857  0.04% 
SUBTOTAL B  839,093  0.61% 

Nokian Tyres plc

Antti-Jussi Tähtinen
Vice President, Marketing and Communications

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