KONECRANES PLC STOCK EXCHANGE RELEASE June 19, 2017 at 08:30 EET
Konecranes has on June 16, 2017, 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 exceeded 10 percent. On May 26, 2017, Blackrock Inc.'s total holding through shares and financials instruments amounted to 11.17 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 10.00% 1.16% 11.17% 82,872,342 the date on which the threshold was crossed of reached -------------------------------------------------------------------------------- Position of previous 9.76% 1.36% 11.13% 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 8,291,671 10.00% 70 -------------------------------------------------------------------------------- SUBTOTAL A 8,291,671 10.00% --------------------------------------------------------------------------------
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 330,737 0.39% Lent -------------------------------------------------------------------------------- CFD N/A N/A Cash 635,235 0.76% -------------------------------------------------------------------------------- SUBTOTAL B 965,972 1.16% --------------------------------------------------------------------------------
Additional information:
Name % of shares and % of shares and voting rights Total voting rights through financial instruments of both -------------------------------------------------------------------------------- BlackRock Investment 8.60% 0.98% 9.66% 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
Konecranes has on June 16, 2017, 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 exceeded 10 percent. On May 26, 2017, Blackrock Inc.'s total holding through shares and financials instruments amounted to 11.17 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 10.00% 1.16% 11.17% 82,872,342 the date on which the threshold was crossed of reached -------------------------------------------------------------------------------- Position of previous 9.76% 1.36% 11.13% 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 8,291,671 10.00% 70 -------------------------------------------------------------------------------- SUBTOTAL A 8,291,671 10.00% --------------------------------------------------------------------------------
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 330,737 0.39% Lent -------------------------------------------------------------------------------- CFD N/A N/A Cash 635,235 0.76% -------------------------------------------------------------------------------- SUBTOTAL B 965,972 1.16% --------------------------------------------------------------------------------
Additional information:
Name % of shares and % of shares and voting rights Total voting rights through financial instruments of both -------------------------------------------------------------------------------- BlackRock Investment 8.60% 0.98% 9.66% 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