Tue March 14 01:00 pm 2023 in categories Stock exchange releases, Flagging notifications

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

Nokian Tyres plc Stock Exchange Release March 14, 2023 at 1:00 p.m.

Nokian Tyres has received an announcement from Bank of America Corporation on March 13, 2023, 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 Bank of America Corporation exceeded the level of 5% of the share capital in Nokian Tyres plc, as a result of share transactions concluded on March 10, 2023.

The total shareholding of Bank of America Corporation in Nokian Tyres has increased to 7,539,722 shares, corresponding to 5.427315% of Nokian Tyres’ shares and voting rights.

Total positions of Bank of America Corporation subject to the notification:

 

% 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

1.1013224

4.325991

5.427315

138,921,750

Positions of previous notification

n/a

n/a

n/a

 

 

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

0

1,529,802

0

1.101197

US65528V1070

0

177

0

0.000127

Subtotal A

1,529,979

1.101324

 

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

n/a

n/a

n/a

825,247

0.594037

Swaps

16/03/2023 -

15/02/2028

n/a

Cash

5,184,496

3.731954

Subtotal B

 

 

 

6,009,743

4.325991

 

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

 

 

 

 

Bank of America Corporation

 

 

 

NB Holdinqs Corporation

 

 

 

BofAML Jersey Holdings Limited

 

 

 

BofAML EMEA Holdings 2 Limited

 

 

 

ML UK Capital Holdings Limited

 

 

 

Merrill Lvnch International

 

 

 

 

 

 

 

Bank of America Corporation

 

 

 

NB Holdinqs Corporation

 

 

 

BAC North America Holding Company

 

 

 

Bank of America, National Association

 

 

 

 

 

 

 

Bank of America Corporation

 

 

 

NB Holdings Corporation

 

 

 

BofA Securities, Inc

 

 

 

Merrill Lynch Professional Clearing Corp.

 

 

 

 

 

 

 

Bank of America Corporation

 

 

 

NB Holdinqs Corporation

 

 

 

BofA Securities, Inc

 

 

 

 

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