KONE Corporation, stock exchange release, May 8, 2017 at 4.45 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 May 8, 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 increased above five (5) per cent of the share capital of KONE Corporation on May 5, 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 | 4.51% of shares | 0.50% of shares | 5.01% of shares | 526,168,882 shares |
| Position of previous notification (if applicable) | Below 5% of shares | Below 5% of shares |
|
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 | 23,766,790 shares | 4.51% of shares | ||
| SUBTOTAL A | 23,766,790 shares | 4.51% of shares | ||
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 | 34,930 shares | 0.00% of shares |
| Securities Lent | N/A | N/A | Physical | 2,327,500 shares | 0.44% of shares |
| CFD | N/A | N/A | Cash | 157,820 shares | 0.02% of shares |
| ELN | 15/06/2017 | N/A | Cash | 111,690 shares | 0.02% of shares |
| SUBTOTAL B | 2,631,940 shares | 0.50% of shares |
For further information, please contact:
Sanna Kaje, Vice President, Investor Relations, tel. +358 (0)204 75 4705