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

Nokian Tyres plc Stock Exchange Release May 13, 2019, at 11:55 a.m.

Nokian Tyres has received an announcement from BlackRock, Inc. on May 10, 2019, 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 May 9, 2019.

The indirect shareholding of BlackRock, Inc. in Nokian Tyres has increased to 7,082,713 shares, corresponding to 5.12% of Nokian Tyres’ shares and voting rights.

BlackRock, Inc. and its funds held on deal date a total of 7,226,608 Nokian Tyres’ shares representing 5.23% of company’s 138,066,899 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 5.12% 0.10% 5.23% 138,066,899
Positions of previous notification 4.90% 0.09% 5.00%

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 7,082,713  5.12%
SUBTOTAL A  7,082,713  5.12%

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  82,057  0.05% 
CFD N/A  N/A  Cash 61,838 0.04%
SUBTOTAL B  143,895  0.10% 

Nokian Tyres plc

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

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  

About Us

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

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