KONE Corporation, stock exchange release, March 9, 2022 at 6.00 p.m. EET
KONE Corporation: Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10
KONE Corporation has received an announcement from BlackRock, Inc. on March 9, 2022, 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 decreased to below five (5) per cent of the share capital of KONE Corporation on March 8, 2022.
Total position of BlackRock, Inc. and its funds subject to the notification:
% of % of shares % of Total number of shares
shares and voting total and voting rights of
and rights issuer
voting through
rights financial
instruments
Resulting Below Below 5% Below 529,395,860 shares
situation on the 5% shares 5%
date on shares shares 121,527,427 voting rights
which the Below 5%
threshold was Below voting rights Below
crossed or 5% 5%
reached voting voting
rights rights
Position of 4.92% 0.08% shares 5.00%
previous shares shares
notification (if Below 5%
applicable) Below voting rights Below
5% 5%
voting voting
rights rights
Notified details of the resulting situation on the date on which the threshold was crossed:
A: shares and voting rights
Class / type Number % of
of shares of shares
shares and
and voting
voting rights
rights
Direct Indirect (SMA Direct Indirect (SMA 9:6 and 9:7)
(SMA 9:6 and 9:7) (SMA
9:5) 9:5)
FI0009013403 Below 5% Below 5% shares
shares
Below 5% voting rights
Below 5%
voting rights
SUBTOTAL A Below 5% Below 5%
shares shares
Below 5% Below 5%
voting voting
rights rights
B: Financial instruments according to SMA 9:6a:
Type of Expiration Exercise / Physical Number % of shares
financial date Conversion or of and voting
instrument Period cash shares rights
settlement and
voting
rights
Depositary N/A N/A Physical Below 5% Below 5%
Receipt Shares shares
Below 5% Below 5%
voting voting rights
rights
Securities N/A N/A Physical Below 5% Below 5%
Lent Shares shares
Below 5% Below 5%
voting voting rights
rights
CFD N/A N/A Cash Below 5% Below 5%
Shares shares
Below 5% Below 5%
voting voting rights
rights
SUBTOTAL B Below 5% Below 5%
Shares shares
Below 5% Below 5%
voting voting rights
rights
For further information, please contact:
Natalia Valtasaari, Head of Investor Relations, tel. +358 (0)204 75 4705
Sender:
KONE Corporation
Johannes Frände
General Counsel, 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 2021, KONE had annual sales of EUR 10.5 billion, and at the end of the year over 60,000 employees. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.
www.kone.com