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

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Nokian Tyres plc Stock Exchange Release March 27, 2024 at 1:10 p.m.

Nokian Tyres has received an announcement from Société Générale SA (SG SA) on March 26, 2024, in accordance with the Finnish Securities Market Act Chapter 9, Section 5. According to the announcement, Société Générale SA’s holding through financial instruments and total holding in Nokian Tyres shares and voting rights exceeded the level of 5% of the share capital in Nokian Tyres plc, as a result of share transactions concluded on March 22, 2024.

The holding through financial instruments and total holding of Société Générale SA (SG SA) in Nokian Tyres amounted to 8,483,937 shares, corresponding to 6.11% 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

0.00

6.11

6.11

138,921,750

Position of previous notification

0.04

4.64

4.68

 

 

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
Ordinary shares

 0.00

 

 0.00%

 

Subtotal A

 0.00

 0.00%

 

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

Listed Call Warrant on Basket

03/01/2033

Until 03/01/2033

Cash

396,693

0.28%

OTC Call Option on Basket

03/01/2033

Until 03/01/2033

Cash

402,402

0.29%

OTC Call Option

03/01/2033

Until 03/01/2033

Cash

2,800,000

2.02%

OTC Put Option

03/01/2033

Until 03/01/2033

Cash

1,026,230

0.74%

Listed Call Warrant

03/01/2033

Until 03/01/2033

Cash

2,796,300

2.01%

Listed Put Warrant

03/01/2033

Until 03/01/2033

Cash

1,026,230

0.74%

Contract for differents

N/A

N/A

Cash

36,082

0.03%

 

 

 

Subtotal B

8,483,937

6.11%

 

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, %

Société Générale S.A.

0.00%

3.06%

3.06%

Société Générale Effekten Gmbh

0.00%

3.05%

3.05%

 

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. 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 2023, our net sales totaled EUR 1,174 million. At the end of 2023 we employed over 3,400 professionals. Nokian Tyres is listed on Nasdaq Helsinki. Further information: www.nokiantyres.com

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