Konecranes has on September 9, 2016, received a notification under Chapter 9, Section 5 of the Securities Market Act, according to which the total holding of BlackRock, Inc. in Konecranes Plc’s shares and votes has exceeded 5 percent. On September 8, 2016, Blackrock Inc.’s total holding through shares and financials instruments amounted to 5.05 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 | 2.70% | 2.34% | 5.05% | 63,272,342 |
| Position of previous notification | Below 5% | Below 5% | Below 5% |
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 ISIN code |
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) | |
| FI0009005870 | 1,710,778 | 2.70% | ||
| SUBTOTAL A | 1,710,778 | 2.70% |
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 |
| Securities Lent | N/A | N/A | Physical | 1,313,954 | 2.07% |
| CFD | N/A | N/A | Cash | 171,256 | 0.27% |
| SUBTOTAL B | 1,485,210 | 2.34% |
KONECRANES PLC
Miikka Kinnunen
Director, Investor Relations
FURTHER INFORMATION
Konecranes Plc
Miikka Kinnunen, Director, Investor Relations, tel. +358 (0)20 427 2050
DISTRIBUTION
Nasdaq Helsinki
Media
www.konecranes.com
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 and machine tools of all makes. In 2015, Group sales totaled EUR 2,126 million. The Group has 11,400 employees at 600 locations in 48 countries. Konecranes is listed on Nasdaq Helsinki (symbol: KCR1V).