Nokian Tyres: Disclosure under chapter 9, section 10 of the securities market act
Nokian Tyres plc Stock Exchange Release March 21, 2023 at 4:15 p.m.
Nokian Tyres has received an announcement from The Goldman Sachs Group, Inc. on March 20, 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 The Goldman Sachs Group, Inc. indirect and through financial instruments exceeded the level of 5% as a result of share transactions concluded on March 17, 2023.
The total shareholding of The Goldman Sachs Group, Inc. and its controlled undertakings and funds in Nokian Tyres has increased to 8,147,687 shares, corresponding to 5.86% of Nokian Tyres’ shares and voting rights. According to the announcement the holdings of Goldman Sachs International totaled 5.80% of Nokian Tyres shares and voting rights.
Total positions of person(s) subject to the notification obligation:
|
|
% of shares and voting rights (total of 7.A) |
% of shares and voting rights through financial instruments (total of 7.B) |
Total of both in % (7.A+7.B) |
Total number of shares and voting rights of issuer |
|
Resulting situation on the date on which threshold was crossed or reached |
2.59% |
3.27% |
5.86% |
138,921,750 |
|
Positions of previous notification |
n/a |
n/a |
n/a |
|
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 |
% of shares and |
||
|
|
Direct (SMA 9:5) |
Indirect |
Direct (SMA 9:5) |
Indirect |
|
FI0009005318 |
|
3,600,877 |
|
2.59% |
|
US65528V1070 |
|
29 |
|
0.00002% |
|
Subtotal A |
3,600,906 |
2.59% |
||
B: Financial instruments according to SMA 9:6a:
|
Type of financial |
Expiration date |
Exercise/ |
Physical or cash settlement |
Number of shares |
% of shares and |
|
Securities Lending |
Open |
|
Physical |
257,581 |
0.19% |
|
Swap |
20/02/2026 |
|
Cash |
987,538 |
0.71% |
|
Swap |
20/02/2026 |
|
Cash |
987,330 |
0.71% |
|
Future |
17/03/2023 |
|
Cash |
724,342 |
0.52% |
|
Future |
18/12/2026 |
|
Cash |
439,654 |
0.32% |
|
Future |
20/12/2024 |
|
Cash |
313,929 |
0.23% |
|
Future |
16/06/2023 |
|
Cash |
131,391 |
0.09% |
|
Future |
19/12/2025 |
|
Cash |
121,290 |
0.09% |
|
Future |
16/06/2023 |
|
Cash |
117,719 |
0.08% |
|
Future |
18/12/2026 |
|
Cash |
97,695 |
0.07% |
|
Future |
16/06/2023 |
|
Cash |
67,049 |
0.05% |
|
Future |
16/06/2023 |
|
Cash |
60,097 |
0.04% |
|
Swap |
08/03/2033 |
|
Cash |
48,781 |
0.04% |
|
Future |
17/03/2023 |
|
Cash |
40,096 |
0.03% |
|
Swap |
13/01/2033 |
|
Cash |
27,200 |
0.02% |
|
Future |
17/03/2023 |
|
Cash |
19,565 |
0.01% |
|
Swap |
10/01/2028 |
|
Cash |
17,091 |
0.01% |
|
Call Option |
19/12/2025 |
|
Cash |
12,331 |
0.01% |
|
Call Option |
15/05/2024 |
|
Cash |
10,880 |
0.01% |
|
Swap |
29/01/2030 |
|
Cash |
10,699 |
0.01% |
|
Swap |
27/09/2024 |
|
Cash |
10,386 |
0.01% |
|
Call Option |
22/03/2027 |
|
Cash |
10,240 |
0.01% |
|
Call Option |
20/12/2024 |
|
Cash |
5,219 |
0.004% |
|
Swap |
13/01/2033 |
|
Cash |
4,711 |
0.003% |
|
Call Option |
15/12/2023 |
|
Cash |
4,075 |
0.003% |
|
Put Option |
20/12/2024 |
|
Cash |
2,826 |
0.002% |
|
Future |
17/03/2023 |
|
Cash |
2,415 |
0.002% |
|
Call Option |
20/12/2030 |
|
Cash |
2,347 |
0.002% |
|
Swap |
17/03/2033 |
|
Cash |
2,123 |
0.002% |
|
Swap |
29/04/2025 |
|
Cash |
1,955 |
0.001% |
|
Put Option |
15/12/2023 |
|
Cash |
1,914 |
0.001% |
|
Swap |
15/11/2032 |
|
Cash |
1,796 |
0.001% |
|
Call Option |
15/12/2028 |
|
Cash |
1,517 |
0.001% |
|
Put Option |
20/12/2030 |
|
Cash |
1,078 |
0.001% |
|
Put Option |
15/12/2028 |
|
Cash |
764 |
0.001% |
|
Swap |
15/12/2026 |
|
Cash |
657 |
0.0005% |
|
Swap |
16/03/2033 |
|
Cash |
275 |
0.0002% |
|
Call Option |
31/07/2024 |
|
Cash |
81 |
0.0001% |
|
Call Option |
28/03/2029 |
|
Cash |
67 |
0.00005% |
|
Call Option |
28/03/2029 |
|
Cash |
67 |
0.00005% |
|
Call Option |
06/11/2025 |
|
Cash |
4 |
0.000003% |
|
Swap |
15/05/2023 |
|
Cash |
3 |
0.000002% |
|
|
|
|
Subtotal B |
4,546,781 |
3.27% |
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 |
|
The Goldman Sachs Group, Inc. |
|
|
|
|
Goldman Sachs (UK) L.L.C. |
|
|
|
|
Goldman Sachs Group UK Limited |
|
|
|
|
Goldman Sachs International |
|
|
5.80% |
|
|
|
|
|
|
The Goldman Sachs Group, Inc. |
|
|
|
|
GSAM Holdings LLC |
|
|
|
|
Goldman Sachs Asset Management, L.P. |
|
|
|
|
|
|
|
|
|
The Goldman Sachs Group, Inc. |
|
|
|
|
Goldman Sachs & Co. LLC |
|
|
|
|
|
|
|
|
|
The Goldman Sachs Group, Inc. |
|
|
|
|
Goldman Sachs Bank USA |
|
|
|
|
Goldman Sachs Bank Europe SE |
|
|
|
|
|
|
|
|
|
The Goldman Sachs Group, Inc. |
|
|
|
|
GSAM Holdings LLC |
|
|
|
|
Goldman Sachs Asset Management Holdings LLC |
|
|
|
|
Goldman Sachs Asset Management UK Holdings I Ltd |
|
|
|
|
Goldman Sachs Asset Management UK Holdings II Ltd |
|
|
|
|
Goldman Sachs Asset Management Holdings I B.V. / Goldman Sachs Asset Management Holdings II B.V. |
|
|
|
|
Goldman Sachs Asset Management Holdings B.V. |
|
|
|
|
|
|
|
|
|
The Goldman Sachs Group, Inc. |
|
|
|
|
GSAM Holdings LLC |
|
|
|
|
GSAMI Holdings I Ltd |
|
|
|
|
GSAMI Holdings II Ltd |
|
|
|
|
Goldman Sachs Asset Management International Holdings Ltd |
|
|
|
|
Goldman Sachs Asset Management International |
|
|
|
|
|
|
|
|
|
The Goldman Sachs Group, Inc. |
|
|
|
|
Murray Street Corporation |
|
|
|
|
Benson Street Limited |
|
|
|
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.