Would you like to explore our corporate site or visit your local website?
Stay on Corporate siteKONE Corporation, stock exchange release, October 10, 2019 at 9.45 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 October 9, 2019, 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 decreased to below five (5) per cent of the share capital of KONE Corporation on October 8, 2019.
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 | Below 5% shares Below 5% voting rights | Below 5% shares Below 5% voting rights | Below 5% shares Below 5% voting rights | 529,395,860 shares 121,527,427 voting rights |
Position of previous notification (if applicable) | 4.88% shares Below 5% voting rights | 0.11% shares Below 5% voting rights | 5.00% 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 | Below 5% shares Below 5% voting rights | Below 5% shares Below 5% voting rights | ||
SUBTOTAL A | Below 5% shares Below 5% voting rights | Below 5% 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 | Below 5% shares Below 5% voting rights | Below 5% shares Below 5% voting rights |
Securities Lent | N/A | N/A | Physical | Below 5% shares Below 5% voting rights | Below 5% shares Below 5% voting rights |
CFDs | N/A | N/A | Cash | Below 5% shares Below 5% voting rights | Below 5% shares Below 5% voting rights |
SUBTOTAL B | Below 5% shares Below 5% voting rights | Below 5% 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 2018, KONE had annual sales of EUR 9.1 billion, and
at the end of the year over 57,000 employees. KONE class B shares
are listed on the Nasdaq Helsinki Ltd. in
Finland.
www.kone.com