Konecranes has on May 24, 2017 received a notification under Chapter 9, Section 5 of the Securities Market Act, according to which the holding of Terex Corporation in Konecranes Plc’s shares and votes has fallen below 10 percent.
Total positions of Terex Corporation on May 24, 2017:
|
|
% 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 or reached
|
6.21
|
-
|
6.21
|
82,872,342
|
|
Position of previous notification
|
14.66
|
-
|
14.66
|
|
Notified details of the resulting situation on the date on which the threshold was crossed or reached:
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)
|
|
FI4000232996
(Class B shares)
|
5,150,000
|
-
|
6.21
|
-
|
|
TOTAL
|
5,150,000
|
-
|
6.21
|
-
|
Terex Corporation is listed on the New York Stock Exchange and is not controlled by any natural person or legal entity.
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 17,000 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
