Nokian Tyres: Disclosure under chapter 9, section 10 of the securities market act
Nokian Tyres plc Stock Exchange Release October 13, 2022 at 9:20 a.m.
Nokian Tyres has received an announcement from BlackRock, Inc. on October 12, 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 BlackRock, Inc. and its funds exceeded the level of 5% of the share capital in Nokian Tyres plc, as a result of share transactions concluded on October 11, 2022.
The indirect shareholding of BlackRock, Inc. in Nokian Tyres has increased to 7,103,776 shares, corresponding to 5.11% of Nokian Tyres’ 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 |
5.11% |
0.70% |
5.82% |
138,921,750 |
Positions of previous notification |
4.96% |
1.08% |
6.05% |
|
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 and voting rights |
Number of shares and voting rights |
% of shares and voting rights |
% of shares and voting rights |
|
Direct (SMA 9:5) |
Indirect |
Direct (SMA 9:5) |
Indirect |
FI0009005318 |
|
7,103,776 |
|
5.11% |
SUBTOTAL A |
|
7,103,776 |
|
5.11% |
B: Financial instruments according to SMA 9:6a:
Type of financial |
Expiration date |
Exercise/ |
Physical or |
Number of shares |
% of shares and |
American Depository Receipt (US65528V1070) |
N/A |
N/A |
Physical |
10,130 |
0.00% |
Securities Lent |
N/A |
N/A |
Physical |
614,735 |
0.44% |
CFD |
N/A |
N/A |
Cash |
358,289 |
0.25% |
SUBTOTAL B |
|
|
|
983,154 |
0.70% |
Nokian Tyres plc
Päivi Antola
SVP, Communications, Investor Relations and Brand
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