Fri July 14 10:20 am 2023 in category Flagging notifications

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

Nokian Tyres plc Stock Exchange Release July 14, 2023 at 10:20 a.m.

Nokian Tyres has received an announcement from Société Générale SA (SG SA) on July 13, 2023, in accordance with the Finnish Securities Market Act Chapter 9, Section 5. According to the announcement, Société Générale SA’s holding through financial instruments and total holding in Nokian Tyres shares and voting rights fell below the level of 5% of the share capital in Nokian Tyres plc, as a result of share transactions concluded on July 12, 2023.

The holding through financial instruments of Société Générale SA (SG SA) in Nokian Tyres amounted to 6,447,662 shares, corresponding to 4.64% of Nokian Tyres’ shares and voting rights and total holding amounted to 6,500,873 shares, corresponding to 4.68% of Nokian Tyres’ shares and voting rights.

Total positions of person(s) subject to the notification obligation:

 

% 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

0.04%

4.64%

4.68%

138,921,750

Position of previous notification

0.08%

5.24%

5.32%

 

 

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

Ordinary shares

53,211

 

0.04%

 

Subtotal A

53,211

0.04% 

 

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

Right to recall lent securities

N/A

N/A

Physical

174,522

0.14%

Listed Call Warrant on Basket

03/01/2033

Until 03/01/2033

Cash

216,762

0.15%

OTC Call Option on Basket

03/01/2033

Until 03/01/2033

Cash

224,457

0.15%

OTC Call Option

03/01/2033

Until 03/01/2033

Cash

1,197,000

0.86%

OTC Put Option

03/01/2033

Until 03/01/2033

Cash

1,696,230

1.22%

Listed Call Warrant

03/01/2033

Until 03/01/2033

Cash

1,187,700

0.85%

Listed Put Warrant

03/01/2033

Until 03/01/2033

Cash

1,696,230

1.22%

Contract For Difference

N/A

N/A

Cash

54,761

0.05%

 

 

 

Subtotal B

6,447,662

4.64%

 

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

Total of both, %

Société Générale S.A.

0.04%

2.40%

2.44%

Société Générale Effekten Gmbh

0.00%

2.24%

2.24%

 

Further information:
Päivi Antola
SVP, Communications, Investor Relations and Brand
Tel. +358 10 401 7327, [email protected]