2017-09-07 19:40:00

Konecranes Plc: Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10

Konecranes has on September 7, 2017, received a notification under Chapter 9, Section 5 of the Securities Market Act, according to which the total holding of BlackRock Investment Management (UK) Limited in Konecranes Plc’s shares and votes has exceeded 10 percent. Additionally, BlackRock Investment Management (UK) Limited holding in Konecranes Plc’s shares and votes has exceeded 10 percent.

On September 6, 2017, Blackrock Inc.’s total holding through shares and financials instruments amounted to 13.77 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

12.36%

1.41%

13.77%

78,921,906

Position of previous notification

10.77%

1.07%

11.85%

 

 

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

 

9,755,878

 

12.36%

SUBTOTAL A

 

9,755,878

 

12.36%

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

199,917

0.25%

CFD

N/A

N/A

Cash

915,404

1.15%

SUBTOTAL B

 

 

 

1,115,321

1.41%

The disclosure obligation arose due to total holding in shares and voting rights for BlackRock Investment Management (UK) Limited going above 10%.

Additionally, the disclosure obligation arose due to shares and voting rights for BlackRock Investment Management (UK) Limited going above 10%.  

Name

% of shares and voting rights

% of shares and voting rights through financial instruments

Total of both

BlackRock Investment Management (UK) Limited

10.27%

1.30%

11.57%

KONECRANES PLC

Miikka Kinnunen

Vice President, Investor Relations

FURTHER INFORMATION

Mr. Miikka Kinnunen, 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. The Group has 16,800 employees at 600 locations in 50 countries. Konecranes class A shares are listed on the Nasdaq Helsinki (symbol: KCR).

DISTRIBUTION

Nasdaq Helsinki

Major media

www.konecranes.com

  

 

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