Wed September 9 12:30 pm 2015 in category Stock exchange releases
Nokian Tyres plc Stock Exchange Release 9 September 2015 at 12.30 p.m.
Nokian Tyres plc: Final tender results for the voluntary tender offer
Not for release, publication or distribution, directly or indirectly, in or into Australia, Canada, Hong Kong, Japan, Singapore, South Africa or the United States, or any other jurisdiction in which the distribution or release would be unlawful.
Nokian Tyres plc announces today the final results of the Tender Offer relating to its outstanding EUR 150,000,000 3.25 percent senior unsecured notes issued on 19 June 2012 (FI4000046370). The Offer Period expired at 4.00 p.m. EET on September 8, 2015. The aggregate principal amount of Notes validly offered for purchase by Noteholders was EUR 62,300,000 representing 41.53 percent of the aggregate amount of all the Notes.
Nokian Tyres plc accepts to buy all the Notes offered for purchase by the Noteholders. The Final Acceptance Amount is therefore EUR 62,300,000. The Purchase Price is EUR 104,400 per each EUR 100,000 nominal amount of the Notes which will, together with Accrued Interest of EUR 772.54 (0.7725 percent) per each EUR 100,000 nominal amount of the Notes, be payable by Nokian Tyres plc to the relevant Noteholders.
The settlement will occur on 14 September 2015.
Nokian Tyres plc
Vice President, Marketing and Communications
Further information: Leena Kaipainen, Group Treasury Manager, Tel. +358 10 401 7627
Distribution: NASDAQ Helsinki, media and www.nokiantyres.com
Not for release, publication or distribution, directly or indirectly, in or into Australia, Canada, Hong Kong, Japan, Singapore, South Africa or the United States, or any other jurisdiction in which the distribution or release would be unlawful. Persons who reside outside Finland may receive this release and the related notes documentation only in compliance with applicable exemptions and restrictions. Persons into whose possession this release and the related notes documentation may come are required to inform themselves about and comply with such restrictions.
This release is for informational purposes only and is not to be construed as an offer to purchase or sell, or as a solicitation of an offer to purchase or sell with respect to any notes. The distribution of this release and the related material concerning the invitation to tender the outstanding notes are prohibited by law in certain countries. The tender offer for the outstanding notes is not made to the public either inside or outside of Finland. In particular, this release does not constitute an offer to purchase or sell, or a solicitation of offers to purchase or sell, any securities in the United States. Any notes referred to herein have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.