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

Stock Exchange Release Published 05/05/2017

KONE Corporation, stock exchange release, May 5, 2017 at 11.00 a.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 4, 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 to five (5) per cent of the share capital of KONE Corporation on May 3, 2017. The share of voting rights was still below five (5) percent on May 3, 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 totalTotal number of shares and voting rights of issuer
Resulting situation on the date on which the threshold was crossed or reached 4.58% of shares
Below 5% of voting rights
0.42% of shares
Below 5% of voting rights
5.00% of shares
Below 5% of voting rights
526,168,882 shares
121,204,729 voting rights
Position of previous notification (if applicable) Below 5% of shares
Below 5% of voting rights
Below 5% of shares
Below 5% of voting rights
Below 5% of shares
Below 5% of 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 sharesNumber 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   24,100,760 shares
Below 5% of voting rights
  4.58% of shares
Below 5% of voting rights
SUBTOTAL A 24,100,760 shares
Below 5% of voting rights
4.58% of shares
Below 5% of voting rights

B: Financial instruments according to SMA 9:6a:

Type of financial instrumentExpiration dateExercise / Conversion PeriodPhysical or cash settlementNumber of shares and voting rights% of shares and voting rights
Depositary Receipt N/A N/A Physical 34,930 shares
Below 5% voting rights
0.00% of shares
Below 5% voting rights
Securities Lent N/A N/A Physical 2,047,950 shares
Below 5% voting rights
0.38% of shares
Below 5% voting rights
CFD N/A N/A Cash 176,390 shares
Below 5% voting rights
0.03% of shares
Below 5% voting rights
SUBTOTAL B       2,259,270 shares
Below 5% voting rights
0.42% of 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

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