Nokian Tyres: Disclosure under chapter 9, section 10 of the securities market act

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Nokian Tyres plc Stock Exchange Release March 22, 2023 at 12:45 p.m.

Nokian Tyres has received an announcement from The Goldman Sachs Group, Inc. on March 21, 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 fell below the level of 5% as a result of share transactions concluded on March 20, 2023.

The total shareholding of The Goldman Sachs Group, Inc. and its controlled undertakings and funds in Nokian Tyres has decreased to 4,469,675 shares, corresponding to 3.22% 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

2.26%

0.96%

3.22%

138,921,750

Positions of previous notification

2.59%

3.27%

5.86%

 

 

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

 

3,135,539

 

2.26%

US65528V1070

 

29

 

0.00002%

Subtotal A

3,135,568

2.26%

 

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

Securities Lending

Open

 

Physical

440,720

0.32%

Swap

20/02/2026

 

Cash

614,276

0.44%

Swap

20/02/2026

 

Cash

151,605

0.11%

Swap

08/03/2033

 

Cash

48,781

0.04%

Swap

13/01/2033

 

Cash

27,206

0.02%

Swap

10/01/2028

 

Cash

17,096

0.01%

Swap

29/01/2030

 

Cash

10,701

0.01%

Swap

27/09/2024

 

Cash

10,402

0.01%

Swap

13/01/2033

 

Cash

4,712

0.003%

Swap

20/03/2026

 

Cash

4,066

0.003%

Swap

29/04/2025

 

Cash

1,956

0.001%

Swap

15/11/2032

 

Cash

1,650

0.001%

Swap

15/12/2026

 

Cash

658

0.0005%

Swap

16/03/2033

 

Cash

275

0.0002%

Swap

15/05/2023

 

Cash

3

0.000002%

 

 

 

Subtotal B

1,334,107

0.96%

 

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

 

 

 

 

 

 

 

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.

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