Mon July 10 02:00 pm 2023 in category Stock exchange releases
The Finnish Financial Supervisory Authority has approved Nokian Tyres plc’s listing prospectus for its EUR 100,000,000 notes
Nokian Tyres plc Stock Exchange Release on 10 July 2023 at 2:00 p.m. EEST.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO ANY JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.
Nokian Tyres plc (the “Company”) issued euro-denominated senior unsecured sustainability-linked notes in a nominal amount of EUR 100 million on 14 June 2023 (the “Notes”) with ISIN FI4000556444. The Notes bear an annual interest at the rate of 5.125 per cent and will mature on 14 June 2028.
The Finnish Financial Supervisory Authority has today approved the listing prospectus drawn up for listing of the Notes. The prospectus will be available in English on the Company’s website at https://www.nokiantyres.com/company/investors/financials/debt-and-financing/. The summary of the listing prospectus has been translated into Finnish.
The Company has applied the Notes to be admitted to listing on Nasdaq Helsinki Ltd’s main list and the Notes are expected to be admitted to public trading as from 12 July 2023 under the trading code “TYRJ512528”.
Further information:
Teemu Kangas-Kärki, CFO, tel: +358 10 401 7750
Investors: [email protected]
Nokian Tyres develops and manufactures premium tires for people who value safety, sustainability and predictability. Our purpose is to empower the world to drive smarter. Inspired by our Scandinavian heritage, we craft innovative products for passenger cars, trucks and heavy machinery that give you peace of mind in all driving conditions. Our Vianor chain provides tire and car services. In 2022, our segments net sales totaled EUR 1,350 million. At the end of 2022 we employed some 3,300 professionals. Nokian Tyres is listed on Nasdaq Helsinki. Further information: www.nokiantyres.com.
Important information
The information contained herein is not for release, publication or distribution, in whole or in part, directly or indirectly, in or into the United States, Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, South Africa or such other countries or otherwise in such circumstances in which the release, publication or distribution would be unlawful. The information contained herein does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, the notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.
This communication does not constitute an offer of securities for sale in the United States. The notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or under the applicable securities laws of any state of the United States and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.
The Company has not authorised the offering of the Notes to the public in any member state of the European Economic Area (the “EEA”) or in the United Kingdom (each a “relevant state”). All offers of the Notes in that relevant state will be made pursuant to an exemption under Regulation 2017/1129 of the European Parliament and of the Council (as amended, the “Prospectus Regulation”) (as the Prospectus Regulation forms part of domestic law of the United Kingdom by virtue of the European Union (Withdrawal) Act 2018) from the requirement to produce a prospectus under the Prospectus Regulation for offers of securities.