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

HELSINKI, Finland--()--Regulatory News:

Nokian Tyres has received an announcement from BlackRock, Inc. on 10 March 2016, according to which BlackRock, Inc.'s indirect holding in Nokian Tyres shares has gone above the threshold of 5 % of the share capital in Nokian Tyres plc, as a result of a share transactions concluded on 9 March 2016. The indirect shareholding of BlackRock, Inc. in Nokian Tyres has increased to 7,101,125 shares, corresponding to 5.27% of Nokian Tyres’ shares and voting rights.

The mutual funds managed by BlackRock, Inc. held on deal date a total of 7,544,880 Nokian Tyres’ shares representing 5.60% of company’s 134,691,174 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 5.27% 0.32% 5.60% 134,691,174
Positions of previous notification 4.76% 0.32% 5.09%  

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   Number of shares and voting rights   Number of shares and voting rights   % of shares and voting rights   % of shares and voting rights
ISIN code        
Direct (SMA 9:5) Indirect Direct (SMA 9:5) Indirect
    (SMA 9:6 and 9:7)   (SMA 9:6 and 9:7)
FI0009005318   7,101,125   5.27%
SUBTOTAL A   7,101,125   5.27%

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

Type of financial   Expiration date   Exercise/   Physical or   Number of shares   % of shares and
instrument   Conversion Period cash settlement and voting rights voting rights
Securities Lent N/A N/A Physical 416,767 0.30%
CFD N/A N/A Cash 12,988 0.00%
Total Return Swap 22.6.2016 N/A Cash 14,000 0.01%
SUBTOTAL B       443,755 0.32%

Nokian Tyres plc

Antti-Jussi Tähtinen

Vice President, Marketing and Communications

Distribution: Nasdaq Helsinki Oy, 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 1,475 outlets in 26 countries. In 2015 Nokian Tyres had approximately 4,400 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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Contacts

Nokian Tyres
Teemu Sainio
Communications Manager
+358 10 401 7296
teemu.sainio@nokiantyres.com

Contacts

Nokian Tyres
Teemu Sainio
Communications Manager
+358 10 401 7296
teemu.sainio@nokiantyres.com