Nokian Tyres: Disclosure under Chapter 9, Section 10 of the Securities Market Act

HELSINKI--()--Regulatory News:

Nokian Tyres plc (HEX:NRE1V) Stock Exchange Release 25 April 2016 at 10:30 a.m.

Nokian Tyres has received an announcement from BlackRock, Inc. on 22 April 2016, according to which the holdings of the mutual funds managed by BlackRock, Inc. exceeded level of 5% of the share capital in Nokian Tyres plc, as a result of a share transactions concluded on 21 April 2016. The mutual funds managed by BlackRock, Inc. held on deal date a total of 6,827,556 Nokian Tyres’ shares representing 5.06% 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 4.77% 0.29% 5.06% 134,691,174
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 6,431,590 4.77%
SUBTOTAL A 6,431,590 4.77%

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
Securities Lent N/A N/A Physical 395,966 0.29%
SUBTOTAL B 395,966 0.29%

Nokian Tyres plc

Antti-Jussi Tähtinen Vice President, Marketing and Communications

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

Nokian Tyres is the world’s northernmost tyre manufacturer. The company promotes and facilitates safe driving in demanding conditions. It 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

Contacts

Nokian Tyres
Teemu Sainio
Communications Manager
+358 10 401 7296