Nokian Tyres: Disclosure under chapter 9, section 10 of the securities market act
February 03, 2023 at 03:56 am EST
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Nokian Tyres plc Stock Exchange Release February 3, 2023 at 10:55 a.m.
Nokian Tyres has received an announcement from BlackRock, Inc. on February 2, 2023, in accordance with the Finnish Securities Market Act Chapter 9, Section 5. According to the announcement, the indirect holding in Nokian Tyres shares and voting rights owned by BlackRock, Inc. and its funds fell below the level of 5% of the share capital of Nokian Tyres plc, as a result of share transactions concluded on February 1, 2023.
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
4.61% shares
4.61% voting rights
0.42% shares
0.42% voting rights
5.04% shares
5.04% voting rights
138,921,750 shares
138,921,750 voting rights
Positions of previous notification
5.11% shares
5.11% voting rights
0.60% shares
0.60% voting rights
5.71% shares
5.71% voting rights
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
6,417,678 shares
6,417,678 voting rights
4.61% shares
4.61% voting rights
Subtotal A
6,417,678 shares
6,417,678 voting rights
4.61% shares
4.61% voting rights
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
10,368 shares
10,368 voting rights
0.00% shares
0.00% voting rights
Securities Lent
N/A
N/A
Physical
467,755 shares
467,755 voting rights
0.33% shares
0.33% voting rights
CFD
N/A
N/A
Cash
111,736 shares
111,736 voting rights
0.08% shares
0.08% voting rights
Subtotal B
589,859 shares
589,859 voting rights
0.42% shares
0.42% voting rights
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
BlackRock Institutional Trust Company, National Association
Below 5%
BlackRock, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
BlackRock Holdco 4, LLC
BlackRock Holdco 6, LLC
BlackRock Delaware Holdings Inc.
BlackRock Fund Advisors
Below 5%
BlackRock, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
Below 5%
BlackRock, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
BlackRock International Holdings, Inc.
BR Jersey International Holdings L.P.
BlackRock Holdco 3, LLC
BlackRock Cayman 1 LP
BlackRock Cayman West Bay Finco Limited
BlackRock Cayman West Bay IV Limited
BlackRock Group Limited
BlackRock Finance Europe Limited
BlackRock (Netherlands) B.V.
BlackRock Asset Management Deutschland AG
Below 5%
BlackRock, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
BlackRock International Holdings, Inc.
BR Jersey International Holdings L.P.
BlackRock Holdco 3, LLC
BlackRock Canada Holdings LP
BlackRock Canada Holdings ULC
BlackRock Asset Management Canada Limited
Below 5%
BlackRock, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
BlackRock Capital Holdings, Inc.
BlackRock Advisors, LLC
Below 5%
BlackRock, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
BlackRock International Holdings, Inc.
BR Jersey International Holdings L.P.
BlackRock Holdco 3, LLC
BlackRock Cayman 1 LP
BlackRock Cayman West Bay Finco Limited
BlackRock Cayman West Bay IV Limited
BlackRock Group Limited
BlackRock Finance Europe Limited
BlackRock Advisors (UK) Limited
Below 5%
BlackRock, Inc.
Trident Merger, LLC
BlackRock Investment Management, LLC
Amethyst Intermediate, LLC
Aperio Holdings, LLC
Aperio Group, LLC
Below 5%
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. 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
Nokian Renkaat Oyj is the leading Scandinavian tire manufacturer. Net sales (including intragroup) break down by activity as follows:
- manufacture and sales of tires (70.4%): for passenger cars (73% of net sales) and for heavy-duty vehicles (27%);
- distribution of tires (29,2%; Vianor): operating, at the end of 2023, through a network of 174 own service centers in Finland, Sweden and Norway;
- other (0.4%).
At the end of 2023, the group had 2 manufacturing sites located in Finland and the United States.
Net sales are distributed geographically as follows: Nordic countries (57.2%), Europe (19.3%), Americas (22.9%) and other (0.6%).
NOKIAN RENKAAT OYJ 
