Nokian Tyres: Disclosure under chapter 9, section 10 of the securities market act

Report this content

Nokian Tyres plc Stock Exchange Release March 19, 2019, at 9:40 a.m.

Nokian Tyres has received an announcement from Solidium Oy on March 19, 2019, in accordance with the Finnish Securities Market Act Chapter 9, Section 5. According to the announcement Solidium Oy’s direct holding in Nokian Tyres shares exceeded the level of 5% of the share capital in Nokian Tyres plc, as a result of share transactions concluded on March 18, 2019. The direct shareholding was 7,000,000 shares, representing 5.07% of Nokian Tyres’ 138,066,899 shares and voting rights.

Total positions of Solidium Oy’s 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  5.07%
shares and voting rights 
n/a 5.07%
shares and voting rights 
138,066,899 
Positions of previous notification  N/A N/A N/A

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 7,000,000  5.07%
shares and voting rights
SUBTOTAL A  7,000,000  5.07%
shares and voting rights

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
 
n/a n/a n/a n/a n/a n/a
SUBTOTAL B  n/a n/a

Nokian Tyres plc

Päivi Antola, tel. +358 10 401 7327
SVP, Corporate Communications and Investor Relations
 

Distribution: Nasdaq Helsinki Oy, media and www.nokiantyres.com

Nokian Tyres is the world’s northernmost tire 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 tires for passenger cars, trucks and heavy machinery. We are especially well known for our innovative winter tires. Our group also includes the Vianor chain, specializing in vehicle maintenance and tire services. In 2018, the company’s turnover was approximately EUR 1.6 billion and it employed some 4,800 people. Nokian Tyres is listed on Nasdaq Helsinki. Further information: www.nokiantyres.com  

Subscribe