Nokian Tyres: Disclosure under chapter 9, section 10 of the securities market act
Nokian Tyres plc Stock Exchange Release June 28, 2018, at 4:15 p.m.
Nokian Tyres has received an announcement from BlackRock, Inc. on June 28, 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 reached level of 5% of the share capital in Nokian Tyres plc, as a result of share transactions concluded on June 27, 2018. The indirect shareholding was 6,883,892 shares, corresponding to 5.00% of Nokian Tyres’ shares and voting rights.
In addition, the total number of Nokian Tyres shares owned by BlackRock, Inc. and its funds exceeded level of 5% of the share capital in Nokian Tyres plc, as result of share transactions concluded on June 27, 2018. They held on deal date a total of 6,897,528 Nokian Tyres’ shares representing 5.01% of company’s 137,484,660 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 | 5.00% | 0.00% | 5.01% | 137,484,660 |
| Positions of previous notification | Below 5% | Below 5% | Below 5% |
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 | 6,883,892 | 5.00% | ||
| SUBTOTAL A | 6,883,892 | 5.00% |
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 | 13,636 | 0.00% |
| SUBTOTAL B | 13,636 | 0.00% |
Nokian Tyres plc
Päivi Antola, tel. +358 10 401 7327
VP, Corporate Communications and Investor Relations
Distribution: Nasdaq Helsinki Oy, media and www.nokiantyres.com
Nokian Tyres is the world’s northernmost tyre manufacturer and one of the most sustainable companies in the industry. We offer peace of mind in all conditions by developing high-quality, safe and eco-friendly tyres for passenger cars, trucks and heavy machinery. We are especially well known for our innovative winter tyres. Our group also includes the Vianor chain, specialising in vehicle maintenance and tyre services. In 2017, the company’s turnover was approximately EUR 1.6 billion and it employed some 4,600 people. Nokian Tyres is listed on Nasdaq Helsinki. Further information: www.nokiantyres.com