Nokian Tyres plc Stock Exchange Release 2 March 2016 at 1:20 p.m.
Nokian Tyres has received an announcement from Sprucegrove Investment Management Ltd. on 26 February 2016 and a revised announcement on 1 March 2016, according to which the holdings of the mutual funds managed by Sprucegrove Investment Management Ltd. fell below level of 5% of the share capital in Nokian Tyres plc, as a result of share transactions concluded on 25 February 2016. According to Nokian Tyres, the holdings of the funds have fallen below the level of 5% already previously due to Nokian Tyres increasing its total number of shares during 2015.
Total positions of Sprucegrove Investment Management Ltd. and its funds subject to the notification:
Notified details of the resulting situation on the date on which the threshold was crossed or reached:
A: Shares and voting rights:
B: Financial instruments according to SMA 9:6a:
Nokian Tyres plc
Vice President, Marketing and Communications
Distribution: Nasdaq Helsinki Oy, media and www.nokiantyres.com
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