Nokian Tyres plc: The District Court of Helsinki has dismissed all charges regarding suspected securities market offences

Nokian Tyres plc Stock Exchange Release June 10, 2022 at 12:05 p.m.

The prosecutor pressed in the fall 2020 charges for a disclosure offence against Hille Korhonen, Raimo Lind, Inka Mero, Hannu Penttilä and Petteri Walldén, who acted as members of Nokian Tyres plc’s Board of Directors in 2015–2016 and against Ari Lehtoranta, who acted as President & CEO at the same time. The charges related to a stock exchange release given by the company on 29 February 2016, which was allegedly delayed. The prosecutor claimed a corporate fine against Nokian Tyres.

In addition, four persons who were employees at Nokian Tyres in 2015 were charged for abuse of inside information.

The District Court of Helsinki has dismissed all charges and claims by the prosecutor in its ruling from today.  

The company will not comment on the matter.

Nokian Tyres plc

Päivi Antola

SVP, Communications and Investor Relations

tel. +358 10 401 7327

Investor relations: ir@nokiantyres.com

Media: media@nokiantyres.com

Distribution: Nasdaq Helsinki, media, 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