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

Nokian Tyres plc Stock Exchange Release February 11, 2021, at 5:25 p.m.

Nokian Tyres has received an announcement from BlackRock, Inc. on February 11, 2021, in accordance with the Finnish Securities Market Act Chapter 9, Section 5. According to the announcement BlackRock, Inc.'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 February 10, 2021.

BlackRock, Inc. and its funds held on deal date a total of 7,095,348 Nokian Tyres' shares representing 5.10% of the company's 138,921,750 shares and voting rights.

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

	% 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	4.95%	0.15%	5.10%	138,921,750
Positions of previous notification	Below 5%	Below 5%	Below 5%

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		6,880,286		4.95%
SUBTOTAL A		6,880,286		4.95%

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
American Depository Receipt (US65528V1070)	N/A	N/A	Physical	59,570	0.04%
Securities Lent	N/A	N/A	Physical	149,902	0.10%
CFD	N/A	N/A	Cash	5,590	0.00%
SUBTOTAL B				215,062	0.15%

Nokian Tyres plc

Päivi Antola
SVP, Corporate Communications and Investor Relations
Tel. [phone]

Distribution: Nasdaq Helsinki Oy, media and www.nokiantyres.com

Nokian Tyres develops and manufactures premium tires for people who value safety and sustainability. 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 2020, the company's net sales were EUR 1.3 billion and it employed some 4,600 people. Nokian Tyres is listed on Nasdaq Helsinki. Further information: www.nokiantyres.com

https://news.cision.com/nokian-tyres/r/nokian-tyres--disclosure-under-chapter-9--section-10-of-the-securities-market-act,c3285410

(c) 2021 Cision. All rights reserved., source Press Releases - English