Flagging notification
Nokian Tyres: Disclosure under chapter 9, section 10 of the securities market act
Nokian Tyres plc Stock Exchange Release February 12, 2025, at 3:45 p.m. EET
Nokian Tyres has received an announcement from The Goldman Sachs Group, Inc. on February 11, 2025, in accordance with the Finnish Securities Market Act Chapter 9, Section 5. According to the announcement, the total holding in Nokian Tyres shares and voting rights owned by The Goldman Sachs Group, Inc. indirect and through financial instruments exceeded the level of 5% as a result of share transactions concluded on February 10, 2025.
The total shareholding of The Goldman Sachs Group, Inc. and its controlled undertakings and funds in Nokian Tyres has increased to 7,040,104 shares, corresponding to 5.07% of Nokian Tyres’ shares and voting rights.
Total positions of person(s) subject to the notification obligation:
| % of shares and voting rights (total of 7.A) | % of shares and voting rights through financial instruments (total of 7.B) | Total of both in % (7.A+7.B) | Total number of shares and voting rights of issuer |
Resulting situation on the date on which threshold was crossed or reached | 0.25% | 4.82% | 5.07% | 138,921,750 |
Positions of previous notification | 2.26% | 0.96% | 3.22% |
|
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 | % of shares and | ||
| Direct (SMA 9:5) | Indirect | Direct (SMA 9:5) | Indirect |
FI0009005318 |
| 342,907 |
| 0.25% |
US65528V1070 |
| 29 |
| 0.00002% |
Subtotal A | 342,936 | 0.25% | ||
B: Financial instruments according to SMA 9:6a:
Type of financial | Expiration date | Exercise/ | Physical or cash settlement | Number of shares | % of shares and |
Securities lending | open |
| Physical | 2,889,679 | 2.08% |
Swap | 10/01/2028 |
| Cash | 916,709 | 0.66% |
Swap | 20/08/2027 |
| Cash | 588,310 | 0.42% |
Call Option | 07/06/2030 |
| Cash | 402,082 | 0.29% |
Swap | 21/10/2027 |
| Cash | 306,818 | 0.22% |
Swap | 25/10/2027 |
| Cash | 283,623 | 0.20% |
Swap | 20/08/2027 |
| Cash | 263,710 | 0.19% |
Swap | 09/10/2034 |
| Cash | 167,082 | 0.12% |
Swap | 15/02/2034 |
| Cash | 160,608 | 0.12% |
Swap | 13/09/2027 |
| Cash | 142,105 | 0.10% |
Swap | 15/01/2030 |
| Cash | 110,586 | 0.08% |
Swap | 13/09/2027 |
| Cash | 65,045 | 0.05% |
Swap | 26/06/2026 |
| Cash | 49,790 | 0.04% |
Swap | 17/08/2026 |
| Cash | 47,165 | 0.03% |
Swap | 30/04/2025 |
| Cash | 42,774 | 0.03% |
Swap | 10/06/2031 |
| Cash | 37,835 | 0.03% |
Swap | 09/10/2034 |
| Cash | 32,872 | 0.02% |
Swap | 07/02/2028 |
| Cash | 29,846 | 0.02% |
Swap | 12/02/2035 |
| Cash | 29,763 | 0.02% |
Swap | 30/01/2035 |
| Cash | 26,083 | 0.02% |
Swap | 17/08/2026 |
| Cash | 23,887 | 0.02% |
Swap | 17/08/2026 |
| Cash | 19,091 | 0.01% |
Swap | 03/06/2027 |
| Cash | 18,204 | 0.01% |
Swap | 02/01/2035 |
| Cash | 14,179 | 0.01% |
Swap | 17/08/2026 |
| Cash | 7,627 | 0.01% |
Swap | 17/03/2025 |
| Cash | 5,971 | 0.004% |
Swap | 16/08/2034 |
| Cash | 4,438 | 0.003% |
Swap | 17/08/2026 |
| Cash | 4,031 | 0.003% |
Swap | 09/03/2026 |
| Cash | 3,028 | 0.002% |
Swap | 17/08/2026 |
| Cash | 2,886 | 0.002% |
Swap | 02/01/2035 |
| Cash | 927 | 0.001% |
Swap | 05/07/2034 |
| Cash | 338 | 0.0002% |
Swap | 05/03/2026 |
| Cash | 76 | 0.0001% |
Swap | 08/03/2033 |
| Cash | 2 | 0.000001% |
|
|
| Subtotal B | 6,697,168 | 4.82% |
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 |
The Goldman Sachs Group, Inc. |
|
|
|
Goldman Sachs (UK) L.L.C. |
|
|
|
Goldman Sachs Group UK Limited |
|
|
|
Goldman Sachs International |
|
|
|
|
|
|
|
The Goldman Sachs Group, Inc. |
|
|
|
GSAM Holdings LLC |
|
|
|
Goldman Sachs Asset Management, L.P. |
|
|
|
|
|
|
|
The Goldman Sachs Group, Inc. |
|
|
|
Goldman Sachs & Co. LLC |
|
|
|
|
|
|
|
The Goldman Sachs Group, Inc. |
|
|
|
Goldman Sachs Bank USA |
|
|
|
Goldman Sachs Bank Europe SE |
|
|
|
|
|
|
|
The Goldman Sachs Group, Inc. |
|
|
|
GSAM Holdings LLC |
|
|
|
GSAMI Holdings I Ltds |
|
|
|
GSAMI Holdings II Ltd |
|
|
|
Goldman Sachs Asset Management International Holdings Ltd |
|
|
|
Goldman Sachs Asset Management International |
|
|
|
Further information:
Päivi Antola
SVP, Communications, Investor Relations and Brand
Tel. +358 10 401 7327, [email protected]
Nokian Tyres' purpose is to make the world safer by reinventing tires, and how they are made, over and over again - a safer place to drive, work and live now and for generations to come. Inspired by our northern heritage, we develop and manufacture premium tires for passenger cars, trucks and heavy machinery with sustainability at the heart of all our operations. Our Vianor chain provides tire and car services. We are some 3,800 people with net sales of EUR 1.3 billion in 2024, and together we lead the journey to smarter driving for people and for businesses. Nokian Tyres is listed on Nasdaq Helsinki. Further information: company.nokiantyres.com