Hold the Presses is your online newsportal en brings press releases from around the world. Journalists can use it for free, although it is their responsibilty to check the news. Hold the Presses is in no way responsible for the content of the press releases, the Sender is. We hope you enjoy reading the news we bring you on this website. If a message is published that is not acceptable, we apologize. Please contact us and we will remove the message as soon as possible.

Wednesday, 13 September 2017

KONE Corporation: Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10

KONE OYJ    

Published: 14:30 CEST 13-09-2017 /GlobeNewswire /Source: KONE OYJ / : KNEBV /ISIN: FI0009013403

KONE Corporation: Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10

KONE Corporation, stock exchange release, September 13, 2017 at 3.30 p.m. EEST

KONE Corporation: Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10

KONE Corporation has received an announcement from BlackRock, Inc. on September 13, 2017, in accordance with the Finnish Securities Market Act Chapter 9, Section 5.

According to the announcement, the total number of KONE Corporation shares owned by BlackRock, Inc. and its funds excluding financial instruments according to SMA 9:6a decreased below five (5) per cent of the total number of shares of KONE Corporation on September 12, 2017. The total number of shares including financial instruments according to SMA 9:6a owned by BlackRock, Inc. and its funds remained above five (5) per cent of the total number of shares of KONE Corporation on September 12, 2017.

Total position of BlackRock, Inc. and its funds subject to the notification:

 

% of shares and voting rights

% of shares and voting rights through financial instruments

% of total

Total number of shares and voting rights of issuer

Resulting situation on the date on which the threshold was crossed or reached

4.94% shares

Below 5% voting rights

1.28% shares

Below 5% voting rights

6.22% shares

Below 5% voting rights

527,058,511 shares

121,293,692 voting rights

Position of previous notification (if applicable)

5.11% shares

Below 5% voting rights

0.60% shares

Below 5% voting rights

5.71% shares

Below 5% voting rights

 

 

Notified details of the resulting situation on the date on which the threshold was crossed:

A: shares and voting rights

Class / type of shares

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)

FI0009013403

 

26,041,700 shares

Below 5% voting rights

 

4.94% shares

Below 5% voting rights

SUBTOTAL A

26,041,700 shares

Below 5% voting rights

4.94% shares

Below 5% voting rights

 

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

Depositary Receipt

N/A

N/A

Physical

40,790 shares

Below 5% voting rights

0.00% shares

Below 5% voting rights

Securities Lent

N/A

N/A

Physical

6,124,900 shares

Below 5% voting rights

1.16% shares

Below 5% voting rights

CFD

N/A

N/A

Cash

612,620 shares

Below 5% voting rights

0.11% shares

Below 5% voting rights

SUBTOTAL B

 

 

 

6,778,310 shares

Below 5% voting rights

1.28% shares

Below 5% voting rights

 

For further information, please contact:

Sanna Kaje, Vice President, Investor Relations, tel. +358 (0)204 75 4705

Sender:

KONE Corporation

Jukka Ala-Mello
Secretary to the Board

Ilkka Hara
CFO

About KONE

At KONE, our mission is to improve the flow of urban life. As a global leader in the elevator and escalator industry, KONE provides elevators, escalators and automatic building doors, as well as solutions for maintenance and modernization to add value to buildings throughout their life cycle. Through more effective People Flow®, we make people's journeys safe, convenient and reliable, in taller, smarter buildings. In 2016, KONE had annual net sales of EUR 8.8 billion and at the end of the year over 52,000 employees. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.

www.kone.com





This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of NASDAQ OMX Corporate Solutions clients. Source: KONE OYJ, PL 7, Espoo 02151, Suomi
If you would like to unsubscribe and stop receiving these e-mails click here.