Konecranes Plc: Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10 – BlackRock, Inc’s holding in Konecranes

Stock exchange releases

Konecranes has on April 11, 2019, received a notification under Chapter 9, Section 5 of the Securities Market Act, according to which the holding of BlackRock, Inc. in Konecranes Plc’s shares and votes has fallen below 5 percent.

On April 10, 2019, BlackRock, Inc.’s holding through shares and votes amounted to 4.98 percent of Konecranes Plc’s shares and votes.

Total positions of BlackRock, Inc.:

 

% of shares and voting rights (A)

% of shares and voting rights through financial instruments (B)

Total of both in % (A+B)

Total number of shares and voting rights of issuer

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

4.98%

1.08%

6.06%

78,921,906

Position of previous notification

5.00%

1.43%

6.43%

 

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

A: shares and voting rights

Class/type of shares

ISIN code

Number of shares and voting rights

Number of shares and voting rights

% 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)

FI0009005870

 

3,934,395

 

4.98%

SUBTOTAL A

 

3,934,395

 

4.98%

 

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

Securities Lent

N/A

N/A

Physical

852,652

1.08%

 

 

 

 

 

 

SUBTOTAL B

 

 

 

852,652

1.08%

 

KONECRANES PLC


FURTHER INFORMATION
Mr. Eero Tuulos, Vice President, Investor Relations, tel.
+358 (0) 20 427 2050

 

Konecranes is a world-leading group of Lifting Businesses™, serving a broad range of customers, including manufacturing and process industries, shipyards, ports and terminals. Konecranes provides productivity enhancing lifting solutions as well as services for lifting equipment of all makes. In 2018, Group sales totaled EUR 3.16 billion. The Group has 16,100 employees in 50 countries. Konecranes shares are listed on the Nasdaq Helsinki (symbol: KCR).

DISTRIBUTION
Nasdaq Helsinki

Major media
www.konecranes.com