Nokian Tyres: Disclosure under chapter 9, section 10 of the securities market act
Nokian Tyres plc Stock Exchange Release December 13, 2018, at 11:30 a.m.
Nokian Tyres has received an announcement from BlackRock, Inc. on December 12, 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 exceeded level of 5% of the share capital in Nokian Tyres plc, as a result of share transactions concluded on December 11, 2018.
The indirect shareholding of BlackRock, Inc. in Nokian Tyres has increased to 7,050,811 shares, corresponding to 5.10% of Nokian Tyres’ shares and voting rights.
BlackRock, Inc. and its funds held on deal date a total of 7,098,209 Nokian Tyres’ shares representing 5.14% 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 | 5.10% | 0.03% | 5.14% | 138,065,719 |
| Positions of previous notification | 4.97% | 0.05% | 5.03% |
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 | 7,050,811 | 5.10% | ||
| SUBTOTAL A | 7,050,811 | 5.10% |
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 | 40,485 | 0.02% |
| CFD | N/A | N/A | Cash | 6,913 | 0.00% |
| SUBTOTAL B | 47,398 | 0.03% |
Nokian Tyres plc
Päivi Antola
SVP, 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