KONECRANES PLC STOCK EXCHANGE RELEASE April 18, 2019 9:30 EET

Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10 – BlackRock, Inc’s holding in Konecranes

Konecranes has on April 17, 2019, 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 5 percent.

On April 16, 2019, BlackRock, Inc.’s holding through shares amounted to 5.01 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 reached5.01%1.06%6.07%78,921,906
Position of previous notification4.98%1.08%6.06% 


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 rightsNumber 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 3,955,735 5.01%
SUBTOTAL A 3,955,735 5.01%



B: Financial instruments according to SMA 9:6a

Type of financial instrumentExpiration dateExercise/Conversion PeriodPhysical or cash settlementNumber of shares and voting rights% of shares and voting rights
Securities LentN/AN/APhysical840,2761.06%
      
SUBTOTAL B   840,2761.06%




KONECRANES PLC

FURTHER INFORMATION
Mr. Eero Tuulos, 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 2018, Group sales totaled EUR 3.16 billion. The Group has 16,100 employees in 50 countries. Konecranes shares are listed on the Nasdaq Helsinki (symbol: KCR).

DISTRIBUTION
Nasdaq Helsinki
Major media
www.konecranes.com