Nokian Tyres: Disclosure under chapter 9, section 10 of the securities market act
Nokian Tyres plc Stock Exchange Release May 11, 2022 at 11:00 a.m.
Nokian Tyres has received an announcement from JPMorgan Chase & Co. on May 10, 2022, in accordance with the Finnish Securities Market Act Chapter 9, Section 5. According to the announcement, the indirect holding in Nokian Tyres shares owned by the funds and accounts managed by JPMorgan Chase & Co. exceeded the level of 5% of the share capital in Nokian Tyres plc, as a result of share transactions concluded on May 9, 2022.
The indirect shareholding of the funds and accounts managed by JPMorgan Chase & Co. in Nokian Tyres amounted to 6,960,649 shares, corresponding to 5.01% of Nokian Tyres' shares and voting rights. JPMorgan Chase & Co. held on deal date a total of 7,814,222 Nokian Tyres' shares representing 5.62% of the company's 138,921,750 shares and voting rights.
Total positions of person(s) subject to the notification obligation:
+----------------+----------+------------------+-----+----------------------+
| |% of |% of shares and |Total|Total number of shares|
| |shares and|voting rights |of |and voting rights of |
| |voting |through financial |both |issuer |
| |rights |instruments (total|in % | |
| |(total |of B) |(A+B)| |
| |of A) | | | |
+----------------+----------+------------------+-----+----------------------+
|Resulting |5.01% |0.61% |5.62%|138,921,750 |
|situation on the| | | | |
|date on | | | | |
|which threshold | | | | |
|was crossed or | | | | |
|reached | | | | |
+----------------+----------+------------------+-----+----------------------+
|Position of |4.95% |0.55% |5.50%| |
|previous | | | | |
|notification | | | | |
+----------------+----------+------------------+-----+----------------------+Notified details of the resulting situation on the date on which the threshold was crossed or reached:
A: Shares and voting rights:
+------------+-----------------+-----------------+-----------+------------+
|Class/type |Number of shares |Number of shares |% of shares|% of shares |
|of shares |and voting rights|and voting rights|and voting |and voting |
|ISIN code | | |rights |rights |
+------------+-----------------+-----------------+-----------+------------+
| |Direct (SMA 9:5) |Indirect |Direct (SMA|Indirect |
| | |(SMA 9:6 and 9:7)|9:5) |(SMA 9:6 and|
| | | | |9:7) |
+------------+-----------------+-----------------+-----------+------------+
|FI0009005318| |6,960,649 | |5.01% |
+------------+-----------------+-----------------+-----------+------------+
|SUBTOTAL A | |6,960,649 | |5.01% |
+------------+-----------------+-----------------+-----------+------------+B: Financial instruments according to SMA 9:6a:
+------------+----------+----------+-----------+-----------------+-----------+
|Type of |Expiration|Exercise/ |Physical or|Number of shares |% of shares|
|financial |date |Conversion|cash |and voting rights|and voting |
|instrument | |Period |settlement | |rights |
+------------+----------+----------+-----------+-----------------+-----------+
|Cash-settled|n/a |n/a |Cash |145,611 |0.10% |
|Equity Swap | | | | | |
+------------+----------+----------+-----------+-----------------+-----------+
|Cash-settled|29/07/2022|29/07/2022|Cash |167,126 |0.12% |
|Equity Swap | | | | | |
+------------+----------+----------+-----------+-----------------+-----------+
|Cash-settled|28/11/2022|28/11/2022|Cash |13,518 |0.01% |
|Equity Swap | | | | | |
+------------+----------+----------+-----------+-----------------+-----------+
|Cash-settled|14/03/2023|14/03/2023|Cash |8,006 |0.01% |
|Equity Swap | | | | | |
+------------+----------+----------+-----------+-----------------+-----------+
|Cash-settled|04/04/2023|04/04/2023|Cash |10,354 |0.01% |
|Equity Swap | | | | | |
+------------+----------+----------+-----------+-----------------+-----------+
|Cash-settled|13/04/2023|13/04/2023|Cash |18,303 |0.01% |
|Equity Swap | | | | | |
+------------+----------+----------+-----------+-----------------+-----------+
|Cash-settled|28/04/2023|28/04/2023|Cash |307,878 |0.22% |
|Equity Swap | | | | | |
+------------+----------+----------+-----------+-----------------+-----------+
|Cash-settled|03/05/2023|03/05/2023|Cash |19,062 |0.01% |
|Equity Swap | | | | | |
+------------+----------+----------+-----------+-----------------+-----------+
|Cash-settled|23/05/2023|23/05/2023|Cash |3,698 |0.00% |
|Equity Swap | | | | | |
+------------+----------+----------+-----------+-----------------+-----------+
|Cash-settled|31/05/2023|31/05/2023|Cash |3,942 |0.00% |
|Equity Swap | | | | | |
+------------+----------+----------+-----------+-----------------+-----------+
|Cash-settled|02/06/2023|02/06/2023|Cash |137,044 |0.10% |
|Equity Swap | | | | | |
+------------+----------+----------+-----------+-----------------+-----------+
|Cash-settled|04/07/2023|04/07/2023|Cash |2,710 |0.00% |
|Equity Swap | | | | | |
+------------+----------+----------+-----------+-----------------+-----------+
|Cash-settled|18/03/2027|18/03/2027|Cash |6 |0.00% |
|Equity Swap | | | | | |
+------------+----------+----------+-----------+-----------------+-----------+
|Cash-settled|02/04/2027|02/04/2027|Cash |16,267 |0.01% |
|Equity Swap | | | | | |
+------------+----------+----------+-----------+-----------------+-----------+
|Cash-settled|06/05/2027|06/05/2027|Cash |48 |0.00% |
|Equity Swap | | | | | |
+------------+----------+----------+-----------+-----------------+-----------+
| | | |Subtotal B |853,573 |0.61% |
+------------+----------+----------+-----------+-----------------+-----------+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|% of shares and voting rights|Total of|
| |and voting |through financial instruments|both, % |
| |rights | | |
+-----------------------+-----------+-----------------------------+--------+
|JPMorgan Chase & Co. | | | |
+-----------------------+-----------+-----------------------------+--------+
|JPMorgan Chase Holdings| | | |
|LLC | | | |
+-----------------------+-----------+-----------------------------+--------+
|JPMorgan Asset | | | |
|Management Holdings | | | |
|Inc. | | | |
+-----------------------+-----------+-----------------------------+--------+
|JPMorgan Asset | | | |
|Management | | | |
|International Limited | | | |
+-----------------------+-----------+-----------------------------+--------+
|JPMorgan Asset | | | |
|Management (UK) Limited| | | |
+-----------------------+-----------+-----------------------------+--------+
| | | | |
+-----------------------+-----------+-----------------------------+--------+
|JPMorgan Chase & Co. | | | |
+-----------------------+-----------+-----------------------------+--------+
|JPMorgan Chase Bank, | | | |
|National Association | | | |
+-----------------------+-----------+-----------------------------+--------+
|J.P. Morgan | | | |
|International Finance | | | |
|Limited | | | |
+-----------------------+-----------+-----------------------------+--------+
|J.P. Morgan Capital | | | |
|Holdings Limited | | | |
+-----------------------+-----------+-----------------------------+--------+
|J.P. Morgan Securities | | | |
|plc | | | |
+-----------------------+-----------+-----------------------------+--------+
| | | | |
+-----------------------+-----------+-----------------------------+--------+
|JPMorgan Chase & Co. | | | |
+-----------------------+-----------+-----------------------------+--------+
|JPMorgan Chase Holdings| | | |
|LLC | | | |
+-----------------------+-----------+-----------------------------+--------+
|JPMorgan Asset | | | |
|Management Holdings | | | |
|Inc. | | | |
+-----------------------+-----------+-----------------------------+--------+
|J.P. Morgan Investment | | | |
|Management Inc. | | | |
+-----------------------+-----------+-----------------------------+--------+
| | | | |
+-----------------------+-----------+-----------------------------+--------+
|JPMorgan Chase & Co. | | | |
+-----------------------+-----------+-----------------------------+--------+
|JPMorgan Chase Bank, | | | |
|National Association | | | |
+-----------------------+-----------+-----------------------------+--------+
|J.P. Morgan | | | |
|International Finance | | | |
|Limited | | | |
+-----------------------+-----------+-----------------------------+--------+
|J.P. Morgan Structured | | | |
|Products B.V. | | | |
+-----------------------+-----------+-----------------------------+--------+Additional information:
Chain of controlled undertakings:
JPMorgan Chase & Co.
JPMorgan Chase Holdings LLC (100%)
JPMorgan Asset Management Holdings Inc. (100%)
JPMorgan Asset Management International Limited (100%)
JPMorgan Asset Management (UK) Limited (100%)
JPMorgan Chase & Co.
JPMorgan Chase Bank, National Association (100%)
J.P. Morgan International Finance Limited (100%)
J.P. Morgan Capital Holdings Limited (100%)
J.P. Morgan Securities plc (100%)
JPMorgan Chase & Co.
JPMorgan Chase Holdings LLC (100%)
JPMorgan Asset Management Holdings Inc. (100%)
J.P. Morgan Investment Management Inc. (100%)
JPMorgan Chase & Co.
JPMorgan Chase Bank, National Association (100%)
J.P. Morgan International Finance Limited (100%)
J.P. Morgan Structured Products B.V. (100%)
Nokian Tyres plc
Päivi Antola
SVP, Corporate Communications and Investor Relations
Tel. +358 10 401 7327Distribution: Nasdaq Helsinki Oy, media and www.nokiantyres.com