2017-09-07 19:40:01 CEST

2017-09-07 19:40:01 CEST


REGULATED INFORMATION

Konecranes Oyj - Major shareholder announcements

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

KONECRANES PLC STOCK EXCHANGE RELEASE September 7, 2017 at 20.40 EET

Konecranes has on September 7, 2017, received a notification under Chapter 9, Section 5 of the Securities Market Act, according to which the total holding of BlackRock Investment Management (UK) Limited in Konecranes Plc’s shares and votes has exceeded 10 percent. Additionally, BlackRock Investment Management (UK) Limited holding in Konecranes Plc’s shares and votes has exceeded 10 percent.

On September 6, 2017, Blackrock Inc.’s total holding through shares and financials instruments amounted to 13.77 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 12.36% 1.41% 13.77% 78,921,906
Position of previous notification 10.77% 1.07% 11.85%  

 
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   9,755,878   12.36%
SUBTOTAL A   9,755,878   12.36%


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 199,917 0.25%
CFD N/A N/A Cash 915,404 1.15%
SUBTOTAL B       1,115,321 1.41%


The disclosure obligation arose due to total holding in shares and voting rights for BlackRock Investment Management (UK) Limited going above 10%.

Additionally, the disclosure obligation arose due to shares and voting rights for BlackRock Investment Management (UK) Limited going above 10%.
  

Name % of shares and voting rights % of shares and voting rights through financial instruments Total of both
BlackRock Investment Management (UK) Limited 10.27% 1.30% 11.57%



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


DISTRIBUTION
Nasdaq Helsinki

Major media
www.konecranes.com