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Nokian Tyres plc: Correction to Disclosure under chapter 9, section 10 of the securities market act and a new notification

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Nokian Tyres plc Stock Exchange Release May 6, 2022 at 1:40 p.m.

Nokian Tyres plc corrects the stock exchange release published on May 5, 2022 at 10:05 a.m. regarding the flagging announcement from Société Générale SA. The notification contained incorrect percentages regarding the 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. All other information in the release was correct.

On May 5, 2022, Nokian Tyres received another announcement from Société Générale SA (SG SA) in which the information was corrected as follows:    

Name

% of shares
and voting rights 

% of shares and
voting rights through
financial instruments

Total of both, %

Société Générale S.A.

1.69%

2.24%

3.93%

Société Générale Effekten Gmbh

0.00%

1.18%

1.18%

 

The corrected stock exchange release as a whole:

Nokian Tyres has received an announcement from Société Générale SA (SG SA) on May 4, 2022, 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 exceeded the level of 5% of the share capital in Nokian Tyres plc, as a result of share transactions concluded on May 3, 2022. The holdings of Société Générale SA in Nokian Tyres amounted to 7,094,641 shares, corresponding to 5.11% 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

1.69%

3.42%

5.11%

138,921,750

Position of previous notification

0.03%

1.53%

1.56%

 

 

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

Number of shares
and voting rights

% 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

2,340,548

 

1.69%

 

SUBTOTAL A

2,340,548

 

1.69%

 

 

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

Right to recall lent securities

N/A

N/A

Physical

1,476,466

1.06%

OTC Call Option

17/06/2022

17/06/2022

Cash

1,710

0.00%

OTC Call Option

03/01/2033

Until 03/01/2033

Cash

504,000

0.36%

OTC Put Option

17/06/2022

17/06/2022

Cash

70,607

0.05%

OTC Put Option

03/01/2033

Until 03/01/2033

Cash

1,062,400

0.76%

Listed Call Warrant

17/06/2022

17/06/2022

Cash

2,103

0.00%

Listed Call Warrant

03/01/2033

Until 03/01/2033

Cash

503,800

0.36%

Listed Put Warrant

17/06/2022

17/06/2022

Cash

70,607

0.05%

Listed Put Warrant

03/01/2033

Until 03/01/2033

Cash

1,062,400

0.76%

 

 

 

Subtotal B

4,754,093

3.42%

 

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.

1.69%

2.24%

3.93%

Société Générale Effekten Gmbh

0.00%

1.18%

1.18%

 

Nokian Tyres plc

Päivi Antola
SVP, Corporate Communications and Investor Relations
Tel. +358 10 401 7327

Distribution: Nasdaq Helsinki Oy, media and www.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 2021, the company’s net sales were EUR 1.7 billion and it employed some 4,900 people. Nokian Tyres is listed on Nasdaq Helsinki. Further information: www.nokiantyres.com

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