Nokian Tyres: Disclosure under chapter 9, section 10 of the securities market act
Nokian Tyres plc Stock Exchange Release June 23, 2022 at 11:00 a.m.
Nokian Tyres has received an announcement from Société Générale SA (SG SA) on June 22, 2022, in accordance with the Finnish Securities Market Act Chapter 9, Section 5. According to the announcement Société Générale SA’s total 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 June 20, 2022.
The holdings of Société Générale SA (SG SA) in Nokian Tyres amounted to 8,543,398 shares, corresponding to 6.15% 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 |
1.98% |
4.17% |
6.15% |
138,921,750 |
|
Position of previous notification |
1.29% |
3.31% |
4.60% |
|
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 |
Number of shares |
Number of shares |
% of shares |
% of shares |
|
|
Direct (SMA 9:5) |
Indirect |
Direct (SMA 9:5) |
Indirect |
|
FI0009005318 |
540,915 |
2,215,574 |
0.39% |
1.59% |
|
SUBTOTAL A |
2,756,490 |
|
1.98% |
|
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 |
|
Right to recall lent securities |
N/A |
N/A |
Physical |
1,423,032 |
1.02% |
|
Equity Linked Swap on Basket |
19/07/2022 |
19/07/2022 |
Cash |
627,779 |
0.45% |
|
OTC Call Option on Basket |
03/01/2033 |
Until 03/01/2033 |
Cash |
201,883 |
0.15% |
|
OTC Call Option |
03/01/2033 |
Until 03/01/2033 |
Cash |
480,000 |
0.35% |
|
OTC Put Option |
03/01/2033 |
Until 03/01/2033 |
Cash |
1,186,400 |
0.85% |
|
Listed Call Warrant |
03/01/2033 |
Until 03/01/2033 |
Cash |
681,414 |
0.49% |
|
Listed Put Warrant |
03/01/2033 |
Until 03/01/2033 |
Cash |
1,186,400 |
0.85% |
|
|
|
|
|
|
|
|
|
|
|
Subtotal B |
5,786,908 |
4.17% |
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 |
% of shares and |
Total of both, % |
|
Société Générale S.A. |
0.39% |
2.82% |
3.21% |
|
Société Générale Effekten Gmbh |
0.00% |
1.35% |
1.35% |
|
Codéis Securities S.A. |
1.59% |
0.00% |
1.59% |
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