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Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10 – BlackRock, Inc’s holding in Konecranes
KONECRANES PLC STOCK EXCHANGE RELEASE April 12, 2019 9:30
Konecranes Plc: Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10 – BlackRock, Inc’s holding in Konecranes
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
|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)|
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|
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).
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