Nokian Tyres: Disclosure under chapter 9, section 10 of the securities market act
Nokian Tyres plc Stock Exchange Release March 14, 2023 at 1:10 p.m.
Nokian Tyres has received an announcement from Société Générale SA (SG SA) on March 13, 2023, 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 and voting rights fell below the level of 5% of the share capital of Nokian Tyres plc, as a result of share transactions concluded on March 10, 2023.
The total holding amounted to 6,710,772 shares, corresponding to 4.83% 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 |
0.05% |
4.78% |
4.83% |
138,921,750 |
|
Position of previous notification |
0.25% |
5.18% |
5.43% |
|
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 |
% of shares |
||
|
|
Direct (SMA 9:5) |
Indirect |
Direct (SMA 9:5) |
Indirect |
|
FI0009005318 Ordinary shares |
63,713 |
|
0.05% |
|
|
Subtotal A |
63,713 |
0.05% |
||
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 |
6,647,059 |
4.78% |
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. |
0.05% |
2.45% |
2.50% |
|
Société Générale Effekten Gmbh |
0.00% |
2.33% |
2.33% |
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 2022, our segments net sales totaled EUR 1,350 million. At the end of 2022 we employed some 4,500 professionals. Nokian Tyres is listed on Nasdaq Helsinki. Further information: www.nokiantyres.com.