HELSINKI--(BUSINESS WIRE)--Regulatory News:
Nokian Tyres plc (HEX:NRE1V) Stock Exchange Release 24 March 2015 at 2:00 p.m.
Nokian Tyres: Disclosure under chapter 9, section 10 of the securities market act
Nokian Tyres has received an announcement from BlackRock Inc. on 23 March 2015, according to which the holdings of the mutual funds managed by BlackRock exceeded level of 5% of the share capital in Nokian Tyres plc, as a result of a share transactions concluded on 20 March 2015. BlackRock held on deal date a total of 6,790,650 Nokian Tyres’ shares representing 5.09% of company’s 133,470,833 shares and voting rights.
Nokian Tyres plc
Vice President, Marketing and Communications
Distribution: NASDAQ Helsinki, media and www.nokiantyres.com
Nokian Tyres is the only tyre manufacturer in the world that focuses on customer needs in northern conditions. The company supplies innovative tyres for cars, trucks and special heavy machinery mainly in areas with special challenges on tyre performance: snow, forests and harsh driving conditions in different seasons. Nokian Tyres’ product development is consistently aiming for sustainable solutions for safety and the environment, taking into account the whole life cycle of the tyre. A part of the Nokian Tyres group, the tyre chain Vianor has 1,355 outlets in 27 countries. In 2014 Nokian Tyres had over 4,200 employees and net sales of approximately 1,4 billion euros. Nokian Tyres’ share is listed on the NASDAQ Helsinki. Further information: www.nokiantyres.com
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