Konecranes Oyj - Major shareholder announcements

Konecranes Plc: Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10

KONECRANES PLC STOCK EXCHANGE RELEASE October 5, 2017 at 10.00 EET

Konecranes has on October 4, 2017, 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 15 percent. On October 3, 2017, Blackrock Inc.’s total holding through shares and financials instruments amounted to 15.14 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	13.44%	1.69%	15.14%	78,921,906
Position of previous notification	12.36%	1.41%	13.77%

  
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		10,612,893		13.44%
SUBTOTAL A		10,612,893		13.44%

  
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	38,407	0.04%
CFD	N/A	N/A	Cash	1,298,213	1.64%
SUBTOTAL B				1,336,620	1.69%

  
Additional information:  

 

Name	% of shares and voting rights	% of shares and voting rights through financial instruments	Total of both
BlackRock Investment Management (UK) Limited	10.96%	1.45%	12.42%

   

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 16,800 employees at 600 locations in 50 countries. Konecranes shares are listed on the Nasdaq Helsinki (symbol: KCR).

 

 

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www.konecranes.com