KONE Corporation: Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10

KONE Corporation, stock exchange release, January 17, 2020 at 5.45 p.m. EET

KONE Corporation: Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10

KONE Corporation has received an announcement from BlackRock, Inc. on January 17, 2020, in accordance with the Finnish Securities Market Act Chapter 9, Section 5.

According to the announcement, the total number of KONE Corporation shares owned by BlackRock, Inc. and its funds increased to above five (5) per cent of the share capital of KONE Corporation on January 16, 2020.

Total position of BlackRock, Inc. and its funds subject to the notification:

  % of % of shares % of Total number
shares and voting total of shares
and rights and voting
voting through rights of
rights financial issuer
instruments
Resulting 4.89% 0.12% shares 5.01% 529,395,860
situation on the shares Below 5% shares shares
date on Below voting Below 121,527,427
which the 5% voting rights 5% voting voting
threshold was rights rights rights
crossed or
reached
Position of Below 5% Below 5% Below 5%  
previous shares shares Below shares
notification (if Below 5% 5% Below 5%
applicable) voting voting rights voting
rights rights

Notified details of the resulting situation on the date on which the threshold was crossed:

A: shares and voting rights

Class / type Number of % of
of shares shares and shares
voting and
rights voting
rights
  Direct Indirect (SMA 9:6 Direct Indirect (SMA 9:6
(SMA 9:5) and 9:7) (SMA and 9:7)
9:5)
FI0009013403   25,924,820 shares   4.89% shares
Below 5% voting Below 5% voting
rights rights
SUBTOTAL A 25,924,820 4.89%
shares shares
Below 5% Below 5%
voting voting
rights rights

B: Financial instruments according to SMA 9:6a:

Type of Expiration Exercise / Physical Number % of shares and
financial date Conversion or of voting rights
instrument Period cash shares
settlement and
voting
rights
Depositary N/A N/A Physical 36,400 0.00% shares
Receipt Shares Below 5% voting
Below 5% rights
voting
rights
Securities N/A N/A Physical 193,150 0.03% shares
Lent Shares Below 5% voting
Below 5% rights
voting
rights
CFDs N/A N/A Cash 411,340 0.07% shares
Shares Below 5% voting
Below 5% rights
voting
rights
SUBTOTAL B       640,890 0.12% shares
Shares Below 5% voting
Below 5% rights
voting
rights

For further information, please contact:
Sanna Kaje, Vice President, Investor Relations, tel. [phone]

Sender:
KONE Corporation

Jukka Ala-Mello
Secretary to the Board

Ilkka Hara
CFO

About KONE
At KONE, our mission is to improve the flow of urban life. As a global leader in the elevator and escalator industry, KONE provides elevators, escalators and automatic building doors, as well as solutions for maintenance and modernization to add value to buildings throughout their life cycle. Through more effective People Flow®, we make people's journeys safe, convenient and reliable, in taller, smarter buildings. In 2018, KONE had annual sales of EUR 9.1 billion, and at the end of the year over 57,000 employees. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.

www.kone.com

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