Release details

2017-09-13 14:30 CEST
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KONE Corporation: Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10

KONE Corporation, stock exchange release, September 13, 2017 at 3.30 p.m. EEST

KONE Corporation: Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10

KONE Corporation has received an announcement from BlackRock, Inc. on September 13, 2017, in accordance with the Finnish Securities Market Act Chapter 9, Section 5.

According to the announcement, the total number of KONE Corporation shares owned by BlackRock, Inc. and its funds excluding financial instruments according to SMA 9:6a decreased below five (5) per cent of the total number of shares of KONE Corporation on September 12, 2017. The total number of shares including financial instruments according to SMA 9:6a owned by BlackRock, Inc. and its funds remained above five (5) per cent of the total number of shares of KONE Corporation on September 12, 2017.

Total position of BlackRock, Inc. and its funds subject to the notification:

  % of shares and voting rights % of shares and voting rights through financial instruments % of total Total number of shares and voting rights of issuer
Resulting situation on the date on which the threshold was crossed or reached 4.94% shares

Below 5% voting rights
1.28% shares

Below 5% voting rights
6.22% shares

Below 5% voting rights
527,058,511 shares

121,293,692 voting rights
Position of previous notification (if applicable) 5.11% shares

Below 5% voting rights
0.60% shares

Below 5% voting rights
5.71% shares

Below 5% voting rights
 

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

A: shares and voting rights

Class / type of shares Number 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)
FI0009013403   26,041,700 shares

Below 5% voting rights
  4.94% shares

Below 5% voting rights
SUBTOTAL A 26,041,700 shares

Below 5% voting rights
4.94% shares

Below 5% voting rights

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
Depositary Receipt N/A N/A Physical 40,790 shares

Below 5% voting rights
0.00% shares

Below 5% voting rights
Securities Lent N/A N/A Physical 6,124,900 shares

Below 5% voting rights
1.16% shares

Below 5% voting rights
CFD N/A N/A Cash 612,620 shares

Below 5% voting rights
0.11% shares

Below 5% voting rights
SUBTOTAL B       6,778,310 shares

Below 5% voting rights
1.28% shares

Below 5% voting rights

For further information, please contact:

Sanna Kaje, Vice President, Investor Relations, tel. +358 (0)204 75 4705

Sender:

KONE Corporation

Jukka Ala-Mello
Secretary to the Board

Ilkka Hara
CFO

About KONE

At KONE, our mission is to improve the flow of urban life. As a global leader in the elevator and escalator industry, KONE provides elevators, escalators and automatic building doors, as well as solutions for maintenance and modernization to add value to buildings throughout their life cycle. Through more effective People Flow®, we make people's journeys safe, convenient and reliable, in taller, smarter buildings. In 2016, KONE had annual net sales of EUR 8.8 billion and at the end of the year over 52,000 employees. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.

www.kone.com

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