Nokian Tyres: Disclosure under chapter 9, section 10 of the securities market act
Nokian Tyres plc Stock Exchange Release October 30, 2020 at 1:00 p.m.
Nokian Tyres has received a notification from Société Générale SA (SG SA) on October 29, 2020, in accordance with the Finnish Securities Market Act Chapter 9, Section 5. According to the notification Société Générale SA’s holdings 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 October 27, 2020. The holdings of Société Générale SA in Nokian Tyres amounted to 8,149,450 shares, corresponding to 5.87% of Nokian Tyres’ shares and voting rights.
Total positions of person(s) subject to the notification obligation:
| % 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 | 0.66% | 5.21% | 5.87% | 138,921,750 |
| Position 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 | 917,101 | 0.66% | ||
| SUBTOTAL A | 917,101 | 0.66% |
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 |
| OTC Call Option on Basket | 03/01/2033 | Until 03/01/2033 | Cash | 2,739,645 | 1.97% |
| Certificate | 03/01/2033 | Until 03/01/2033 | Cash | 55,979 | 0.04% |
| Contract For Difference | N/A | N/A | Cash | 45,223 | 0.03% |
| Euro Medium Term Note | 16/05/2028 | Until 16/05/2028 | Cash | 1,322 | 0.00% |
| Euro Medium Term Note | 31/12/2030 | Until 31/12/2030 | Cash | 37,340 | 0.03% |
| OTC Call Option | 03/01/2025 | Until 03/01/2025 | Cash | 368 | 0.00% |
| OTC Call Option | 03/01/2033 | Until 03/01/2033 | Cash | 420,000 | 0.30% |
| OTC Call Option | 19/11/2020 | 19/11/2020 | Cash | 38,938 | 0.03% |
| OTC Call Option | 20/11/2020 | 20/11/2020 | Cash | 53,757 | 0.04% |
| OTC Call Option | 18/12/2020 | 18/12/2020 | Cash | 62,062 | 0.04% |
| OTC Put Option | 03/01/2033 | Until 03/01/2033 | Cash | 240,000 | 0.17% |
| OTC Put Option | 20/11/2020 | 20/11/2020 | Cash | 7,336 | 0.01% |
| OTC Put Option | 18/12/2020 | 18/12/2020 | Cash | 4,302 | 0.00% |
| Listed Call Warrant | 03/01/2033 | Until 03/01/2033 | Cash | 3,158,620 | 2.27% |
| Listed Call Warrant | 20/11/2020 | 20/11/2020 | Cash | 53,757 | 0.04% |
| Listed Call Warrant | 18/12/2020 | 18/12/2020 | Cash | 62,062 | 0.04% |
| Listed Put Warrant | 03/01/2033 | Until 03/01/2033 | Cash | 240,000 | 0.17% |
| Listed Put Warrant | 20/11/2020 | 20/11/2020 | Cash | 7,336 | 0.01% |
| Listed Put Warrant | 18/12/2020 | 18/12/2020 | Cash | 4,302 | 0.00% |
| Subtotal B | 7,232,349 | 5.21% |
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity:
| Name | % of shares and voting rights |
% of shares and voting rights through financial instruments |
Total of both, % |
| Société Générale S.A. | 0.66% | 2.67% | 3.33% |
| Société Générale Effekten Gmbh | 0.00% | 2.54% | 2.54% |
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 develops and manufactures premium tires for people who value safety and sustainability. Inspired by our Scandinavian heritage, we craft innovative products for passenger cars, trucks and heavy machinery that give you peace of mind in all driving conditions. Our Vianor chain provides tire and car services. In 2019, the company’s net sales were EUR 1.6 billion and it employed some 4,700 people. Nokian Tyres is listed on Nasdaq Helsinki. Further information: www.nokiantyres.com