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

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Nokian Tyres plc Stock Exchange Release May 12, 2022 at 9:00 a.m.

Nokian Tyres has received an announcement from JPMorgan Chase & Co. on May 11, 2022, in accordance with the Finnish Securities Market Act Chapter 9, Section 5. According to the announcement, the indirect holding in Nokian Tyres shares owned by the funds and accounts managed by JPMorgan Chase & Co. fell below the level of 5% of the share capital in Nokian Tyres plc, as a result of share transactions concluded on May 10, 2022.

The indirect shareholding of the funds and accounts managed by JPMorgan Chase & Co. in Nokian Tyres decreased to 6,887,030 shares, corresponding to 4.96% of Nokian Tyres’ shares and voting rights. JPMorgan Chase & Co. held on deal date a total of 7,804,688 Nokian Tyres’ shares representing 5.62% of the company’s 138,921,750 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

4.96%

0.66%

5.62%

138,921,750

Position of previous notification

5.01%

0.61%

5.62%

 

 

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

 

6,887,030

 

4.96%

SUBTOTAL A

 

6,887,030

 

4.96%

 

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

Cash-settled Equity Swap

n/a

n/a

Cash

145,611

0.10%

Cash-settled Equity Swap

29/07/2022

29/07/2022

Cash

170,247

0.12%

Cash-settled Equity Swap

28/11/2022

28/11/2022

Cash

13,518

0.01%

Cash-settled Equity Swap

14/03/2023

14/03/2023

Cash

8,006

0.01%

Cash-settled Equity Swap

04/04/2023

04/04/2023

Cash

10,354

0.01%

Cash-settled Equity Swap

13/04/2023

13/04/2023

Cash

18,303

0.01%

Cash-settled Equity Swap

28/04/2023

28/04/2023

Cash

366,883

0.26%

Cash-settled Equity Swap

03/05/2023

03/05/2023

Cash

19,062

0.01%

Cash-settled Equity Swap

23/05/2023

23/05/2023

Cash

3,698

0.00%

Cash-settled Equity Swap

31/05/2023

31/05/2023

Cash

3,942

0.00%

Cash-settled Equity Swap

02/06/2023

02/06/2023

Cash

137,763

0.10%

Cash-settled Equity Swap

04/07/2023

04/07/2023

Cash

3,827

0.00%

Cash-settled Equity Swap

18/03/2027

18/03/2027

Cash

6

0.00%

Cash-settled Equity Swap

02/04/2027

02/04/2027

Cash

16,390

0.01%

Cash-settled Equity Swap

06/05/2027

06/05/2027

Cash

48

0.00%

 

 

 

Subtotal B

917,658

0.66%

 

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, %

JPMorgan Chase & Co.

 

 

 

JPMorgan Chase Holdings LLC

 

 

 

JPMorgan Asset Management Holdings Inc.

 

 

 

JPMorgan Asset Management International Limited

 

 

 

JPMorgan Asset Management (UK) Limited

 

 

 

 

 

 

 

JPMorgan Chase & Co.

 

 

 

JPMorgan Chase Bank, National Association

 

 

 

J.P. Morgan International Finance Limited

 

 

 

J.P. Morgan Capital Holdings Limited

 

 

 

J.P. Morgan Securities plc

 

 

 

 

 

 

 

JPMorgan Chase & Co.

 

 

 

JPMorgan Chase Holdings LLC

 

 

 

JPMorgan Asset Management Holdings Inc.

 

 

 

J.P. Morgan Investment Management Inc.

 

 

 

 

 

 

 

JPMorgan Chase & Co.

 

 

 

JPMorgan Chase Bank, National Association

 

 

 

J.P. Morgan International Finance Limited

 

 

 

J.P. Morgan Structured Products B.V.

 

 

 

 

Additional information:

Chain of controlled undertakings:

JPMorgan Chase & Co.

JPMorgan Chase Holdings LLC (100%)

JPMorgan Asset Management Holdings Inc. (100%)

JPMorgan Asset Management International Limited (100%)

JPMorgan Asset Management (UK) Limited (100%)

 

JPMorgan Chase & Co.

JPMorgan Chase Bank, National Association (100%)

J.P. Morgan International Finance Limited (100%)

J.P. Morgan Capital Holdings Limited (100%)

J.P. Morgan Securities plc (100%)

 

JPMorgan Chase & Co.

JPMorgan Chase Holdings LLC (100%)

JPMorgan Asset Management Holdings Inc. (100%)

J.P. Morgan Investment Management Inc. (100%)


JPMorgan Chase & Co.

JPMorgan Chase Bank, National Association (100%)

J.P. Morgan International Finance Limited (100%)

J.P. Morgan Structured Products B.V. (100%)


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, sustainability and predictability. Our purpose is to empower the world to drive smarter. 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 2021, the company’s net sales were EUR 1.7 billion and it employed some 4,900 people. Nokian Tyres is listed on Nasdaq Helsinki. Further information: www.nokiantyres.com

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