Nokian Tyres: Disclosure under chapter 9, section 10 of the securities market act
Nokian Tyres plc Stock Exchange Release February 3, 2023 at 11:10 a.m.
Nokian Tyres has received an announcement from Norges Bank (The Central Bank of Norway) on February 2, 2023, in accordance with the Finnish Securities Market Act Chapter 9, Section 5. According to the announcement, Norges Bank’s (The Central Bank of Norway) direct and total holding in Nokian Tyres shares and voting rights fell below the level of 5% of the share capital in Nokian Tyres plc, as a result of share transactions concluded on February 1, 2023.
The direct shareholding as well as total shareholding of Norges Bank (The Central Bank of Norway) in Nokian Tyres amounted to 6,516,978 shares, corresponding to 4.69% 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 | 4.69% | 0.00% | 4.69% | 138,921,750 |
| Position of previous notification | 5.20% | 0.00% | 5.20% |
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 | % 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 | 6,516,978 | 4.69% | ||
| Subtotal A | 6,516,978 | 4.69% | ||
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 |
| Subtotal B |
Information in relation to the person subject to the notification obligation:
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.
Further information:
Päivi Antola
SVP, Communications, Investor Relations and Brand
Tel. +358 10 401 7327, IR@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