Konecranes Plc: Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10

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Konecranes has on November 1, 2017, received a notification under Chapter 9, Section 5 of the Securities Market Act, according to which the total holding of BlackRock, Inc. in Konecranes Plc’s shares and votes has exceeded 15 percent.

On October 31, 2017, Blackrock Inc.’s total holding through shares and financials instruments amounted to 15.02 percent of Konecranes Plc’s shares and votes.

Total positions of BlackRock, Inc.:

  

  % of shares and voting rights (A) % of shares and voting rights through financial instruments (B) Total of both in % (A+B) Total number of shares and voting rights of issuer
Resulting situation of the date on which the threshold was crossed of reached 13.74% 1.28% 15.02% 78,921,906
Position of previous notification 13.68% 1.29% 14.97%  

  
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)
FI0009005870   10,847,907   13.74%
SUBTOTAL A   10,847,907   13.74%



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 60,258 0.07%
CFD N/A N/A Cash 951,296 1.20%
SUBTOTAL B       1,011,554 1.28%

  
Additional information:
  

Name % of shares and voting rights % of shares and voting rights through financial instruments Total of both
BlackRock Investment Management (UK) Limited 11.12% 1.23% 12.35%

 

KONECRANES PLC

Miikka Kinnunen

Vice President, Investor Relations



FURTHER INFORMATION
Mr. Miikka Kinnunen, Vice President, Investor Relations, tel. +358 (0) 20 427 2050



Konecranes is a world-leading group of Lifting Businesses™, serving a broad range of customers, including manufacturing and process industries, shipyards, ports and terminals. Konecranes provides productivity enhancing lifting solutions as well as services for lifting equipment of all makes. In 2016, Group (comparable combined company) sales totaled EUR 3,278 million. The Group has 16,600 employees at 600 locations in 50 countries. Konecranes shares are listed on the Nasdaq Helsinki (symbol: KCR).


DISTRIBUTION
Nasdaq Helsinki

Major media
www.konecranes.com
  

 

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