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Mon December 3 11:55 am 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 December 3, 2018, at 11:55 a.m. 

Nokian Tyres has received an announcement from BlackRock, Inc. on November 30, 2018, in accordance with the Finnish Securities Market Act Chapter 9, Section 5. According to the announcement BlackRock, Inc.'s indirect holding in Nokian Tyres shares went under the level of 5% of the share capital in Nokian Tyres plc, as result of share transactions concluded on November 29, 2018.

The indirect shareholding of BlackRock, Inc. in Nokian Tyres has decreased to 6,765,769 shares, corresponding to 4.90% of Nokian Tyres’ shares and voting rights.

BlackRock, Inc. and its funds held on deal date a total of 7,028,111 Nokian Tyres’ shares representing 5.09% of company’s 138,065,719 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  4.90% 0.19% 5.09%  138,065,719 
Positions of previous notification  5.01% 0.16% 5.17% 

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 6,765,769  4.90%
SUBTOTAL A  6,765,769  4.90%

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  260,567  0.18% 
CFD Cash 1,775 0.00%
SUBTOTAL B  262,342  0.18% 

Nokian Tyres plc

Päivi Antola
SVP, Corporate Communications and Investor Relations
 

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