Nokian Tyres: Disclosure under chapter 9, section 10 of the securities market act
Nokian Tyres plc Stock Exchange Release March 15, 2023 at 2:00 p.m.
Nokian Tyres has received an announcement from Bank of America Corporation on March 14, 2023, in accordance with the Finnish Securities Market Act Chapter 9, Section 5. According to the announcement, the total holding in Nokian Tyres shares and voting rights owned by Bank of America Corporation fell below the level of 5% of the share capital of Nokian Tyres plc, as a result of share transactions concluded on March 13, 2023.
The total holding of Bank of America Corporation in Nokian Tyres amounted to 6,056,679 shares, corresponding to 4.359777% of Nokian Tyres’ shares and voting rights.
Total positions of Bank of America 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 |
0.694290% |
3.665487% |
4.359777% |
|
|
Positions of previous notification |
1.101324% |
4.325991% |
5.427315% |
|
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 |
0 |
964,343 |
0 |
0.694163 |
|
US65528V1070 |
0 |
177 |
0 |
0.000127 |
|
Subtotal A |
964,520 |
0.694290 |
||
B: Financial instruments according to SMA 9:6a:
|
Type of financial |
Expiration date |
Exercise/ |
Physical or |
Number of shares |
% of shares and voting rights |
|
Right to Recall |
n/a |
n/a |
n/a |
832,573 |
0.599311 |
|
Swaps |
16/03/2023 -15/02/2028 |
n/a |
Cash |
4,259,586 |
3.066176 |
|
Subtotal B |
|
|
|
5,092,159 |
3.665487 |
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 |
|
Bank of America Corporation |
|
|
|
|
NB Holdings Corporation |
|
|
|
|
BofAML Jersey Holdings Limited |
|
|
|
|
BofAML EMEA Holdings 2 Limited |
|
|
|
|
ML UK Capital Holdings Limited |
|
|
|
|
Merrill Lynch International |
|
|
|
|
|
|
|
|
|
Bank of America Corporation |
|
|
|
|
NB Holdings Corporation |
|
|
|
|
BAC North America Holdinq Company |
|
|
|
|
Bank of America, National Association |
|
|
|
|
|
|
|
|
|
Bank of America Corporation |
|
|
|
|
NB Holdinqs Corporation |
|
|
|
|
BofA Securities, Inc |
|
|
|
|
Merrill Lynch Professional Clearing Corp. |
|
|
|
|
|
|
|
|
|
Bank of America Corporation |
|
|
|
|
NB Holdinqs Corporation |
|
|
|
|
BofA Securities, Inc |
|
|
|
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.