Flagging notification
Nokian Tyres: Disclosure under chapter 9, section 10 of the securities market act
Nokian Tyres plc Stock Exchange Release March 15, 2023 at 2:45 p.m.
Nokian Tyres has received an announcement from Société Générale SA (SG SA) on March 14, 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 exceeded the level of 5% of the share capital in Nokian Tyres plc, as a result of share transactions concluded on March 13, 2023.
The holding through financial instruments of Société Générale SA (SG SA) in Nokian Tyres amounted to 8,829,003 shares, corresponding to 6.36% of Nokian Tyres’ shares and voting rights and total holding amounted to 8,890,543 shares, corresponding to 6.40% 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 | 6.36 | 6.40 | 138,921,750 |
| Position of previous notification | 0.05 | 4.78 | 4.83 |
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 | 61,540 | 0.04% | ||
| Subtotal A | 61,540 | 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 | 175,556 | 0.13% |
| Contract for difference | N/A | N/A | Cash | 5,730 | 0.00% |
| OTC Call Option on Basket | 03/01/2033 | Until 03/01/2033 | Cash | 113,725 | 0.08% |
| OTC Call Option | 03/01/2033 | Until 03/01/2033 | Cash | 1,261,000 | 0.91% |
| OTC Put Option | 03/01/2033 | Until 03/01/2033 | Cash | 2,956,230 | 2.13% |
| Listed Call Warrant | 03/01/2033 | Until 03/01/2033 | Cash | 1,360,532 | 0.98% |
| Listed Put Warrant | 03/01/2033 | Until 03/01/2033 | Cash | 2,956,230 | 2.13% |
| Subtotal B | 8,829,003 | 6.36% |
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% | 3.24% | 3.28% |
| Société Générale Effekten Gmbh | 0.00% | 3.12% | 3.12% |
Further information:
Päivi Antola
SVP, Communications, Investor Relations and Brand
Tel. +358 10 401 7327, [email protected]