KONECRANES PLC STOCK EXCHANGE RELEASE June 23, 2017 at 09:30 EET
Konecranes has on June 22, 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 fallen below 10 percent. On June 21, 2017, Blackrock Inc.'s total
holding through shares and financials instruments amounted to 11.85 percent of
Konecranes Plc's shares and votes.
Total positions of BlackRock, Inc.:
% of % of shares and Total Total number of shares voting rights of shares and and through financial both voting rights voting instruments (B) in % of issuer rights (A+B) (A) -------------------------------------------------------------------------------- Resulting situation of 10.77% 1.07% 11.85% 78,921,906 the date on which the threshold was crossed of reached -------------------------------------------------------------------------------- Position of previous 10.64% 1.11% 11.75% notification --------------------------------------------------------------------------------
Notified details of the resulting situation on the date on which the threshold was crossed or reached:
A: shares and voting rights
Class/type Number of shares Number of shares % of shares and % of shares and of shares and voting and voting voting rights voting rights ISIN code rights rights -------------------------------------------------------------------------------- Direct (SMA 9:5) Indirect (SMA Direct (SMA Indirect (SMA 9:6 and 9:7) 9:5) 9:6 and 9:7) -------------------------------------------------------------------------------- FI00090058 - 8,506,477 - 10.77% 70 -------------------------------------------------------------------------------- SUBTOTAL A - 8,506,477 - 10.77% --------------------------------------------------------------------------------
B: Financial instruments according to SMA 9:6a
Type of Expirat Exercise/Con Physical or Number of % of shares financial ion version cash shares and and voting instrument date Period settlement voting rights rights -------------------------------------------------------------------------------- Securities N/A N/A Physical 213,914 0.27% Lent -------------------------------------------------------------------------------- CFD N/A N/A Cash 634,039 0.80% -------------------------------------------------------------------------------- SUBTOTAL B 847,953 1.07% --------------------------------------------------------------------------------
Additional information:
Name % of shares and % of shares and voting rights Total voting rights through financial instruments of both -------------------------------------------------------------------------------- BlackRock Investment 8.94% 1.01% 9.96% Management (UK) Limited --------------------------------------------------------------------------------
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. In 2016, Group (comparable combined company) sales totaled EUR 3,278 million. The Group has 17,000 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
Total positions of BlackRock, Inc.:
% of % of shares and Total Total number of shares voting rights of shares and and through financial both voting rights voting instruments (B) in % of issuer rights (A+B) (A) -------------------------------------------------------------------------------- Resulting situation of 10.77% 1.07% 11.85% 78,921,906 the date on which the threshold was crossed of reached -------------------------------------------------------------------------------- Position of previous 10.64% 1.11% 11.75% notification --------------------------------------------------------------------------------
Notified details of the resulting situation on the date on which the threshold was crossed or reached:
A: shares and voting rights
Class/type Number of shares Number of shares % of shares and % of shares and of shares and voting and voting voting rights voting rights ISIN code rights rights -------------------------------------------------------------------------------- Direct (SMA 9:5) Indirect (SMA Direct (SMA Indirect (SMA 9:6 and 9:7) 9:5) 9:6 and 9:7) -------------------------------------------------------------------------------- FI00090058 - 8,506,477 - 10.77% 70 -------------------------------------------------------------------------------- SUBTOTAL A - 8,506,477 - 10.77% --------------------------------------------------------------------------------
B: Financial instruments according to SMA 9:6a
Type of Expirat Exercise/Con Physical or Number of % of shares financial ion version cash shares and and voting instrument date Period settlement voting rights rights -------------------------------------------------------------------------------- Securities N/A N/A Physical 213,914 0.27% Lent -------------------------------------------------------------------------------- CFD N/A N/A Cash 634,039 0.80% -------------------------------------------------------------------------------- SUBTOTAL B 847,953 1.07% --------------------------------------------------------------------------------
Additional information:
Name % of shares and % of shares and voting rights Total voting rights through financial instruments of both -------------------------------------------------------------------------------- BlackRock Investment 8.94% 1.01% 9.96% Management (UK) Limited --------------------------------------------------------------------------------
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. In 2016, Group (comparable combined company) sales totaled EUR 3,278 million. The Group has 17,000 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