KONE Corporation, stock exchange release, March 13, 2025 at 04:00 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 13, 2025, 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 excluding financial instruments according to SMA 9:6a increased to above five (5) per cent of the share capital of KONE Corporation on March 12, 2025.
Total position of BlackRock, Inc. and its funds subject to the notification:
| % of shares and voting rights (total of 7.A) | % of shares and voting rights through
financial instruments (total of 7.B) | Total of both in % (7.A + 7.B) | Total number of shares and voting rights of issuer | |
| Resulting situation on the date on which threshold was crossed or reached | 5.02% shares Below 5% voting rights | 0.06% shares Below 5% voting rights | 5.08% shares Below 5% voting rights | 529,395,860 shares 121,527,427 voting rights |
| Position of previous notification (if applicable) | 4.97% shares Below 5% voting rights | 0.06% shares Below 5% voting rights | 5.04% shares Below 5% voting rights |
Notified details of the resulting situation on the date on which the threshold was crossed:
A: shares and voting rights
| Class/type of shares ISIN code | Number 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) | |
| FI0009013403 | 26,587,940 shares Below 5% voting rights | 5.02% shares Below 5% voting rights | ||
| SUBTOTAL A | 26,587,940 shares Below 5% voting rights | 5.02% shares Below 5% voting rights | ||
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 |
| American Depositary Receipt (US50048H1014) | N/A | N/A | Physical | 265,190 shares Below 5% voting rights | 0.05% shares Below 5% voting rights |
| Securities Lent | N/A | N/A | Physical | 90,000 shares Below 5% voting rights | 0.01% shares Below 5% voting rights |
| CFD | N/A | N/A | Cash | 70 shares Below 5% voting rights | 0.00% shares Below 5% voting rights |
| SUBTOTAL B | 355,260 shares Below 5% voting rights | 0.06% shares Below 5% voting rights |
For further
information, please contact:
Natalia Valtasaari, Vice President, Investor Relations, tel. +358
204 75 4705
Sender:
KONE Corporation
Ilkka Hara
CFO
About
KONE
At KONE, our purpose is to shape the future of cities. As a global
leader in the elevator and escalator industry, we move two billion
people every day, making their journeys safe, convenient, and
reliable with smart and sustainable People Flow®. In 2024, KONE had
annual sales of EUR 11 billion, and at the end of the year over
60,000 employees in close to 70 countries. KONE class B shares are
listed on the Nasdaq Helsinki Ltd. in
Finland.
www.kone.com