KONE Corporation, stock exchange release, January 27, 2020 at 5.30 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 January 27, 2020, 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 decreased to below five (5) per cent of the share capital of KONE Corporation on January 24, 2020. Total position of BlackRock, Inc. and its funds subject to the notification: % of % of shares % of Total number shares and voting total of shares and rights and voting voting through rights of rights financial issuer instruments Resulting 4.87% 0.10% shares 4.98% 529,395,860 situation on the shares Below 5% shares shares date on Below voting Below 121,527,427 which the 5% rights 5% voting threshold was voting voting rights crossed or rights rights reached Position of 4.89% 0.12% shares 5.01% previous shares Below 5% shares notification (if Below voting Below applicable) 5% rights 5% voting voting rights rights Notified details of the resulting situation on the date on which the threshold was crossed: A: shares and voting rights Class / type Number of % of of shares shares and shares voting and rights voting rights Direct Indirect (SMA 9:6 Direct Indirect (SMA 9:6 (SMA 9:5) and 9:7) (SMA and 9:7) 9:5) FI0009013403 25,805,710 shares 4.87% shares Below 5% voting Below 5% voting rights rights SUBTOTAL A 25,805,710 4.87% shares shares Below 5% Below 5% voting voting rights rights B: Financial instruments according to SMA 9:6a: Type of Expiration Exercise / Physical Number % of shares and financial date Conversion or of voting rights instrument Period cash shares settlement and voting rights Depositary N/A N/A Physical 36,480 0.00% shares Receipt Shares Below 5% voting Below 5% rights voting rights Securities N/A N/A Physical 35,270 0.00% shares Lent Shares Below 5% voting Below 5% rights voting rights CFDs N/A N/A Cash 496,070 0.09% shares Shares Below 5% voting Below 5% rights voting rights SUBTOTAL B 567,820 0.10% shares Shares Below 5% voting Below 5% rights voting rights For further information, please contact: Sanna Kaje, Vice President, Investor Relations, tel. +358 (0)204 75 4705 Sender: KONE Corporation Jukka Ala-Mello Secretary to the Board Ilkka Hara CFO About KONE At KONE, our mission is to improve the flow of urban life. As a global leader in the elevator and escalator industry, KONE provides elevators, escalators and automatic building doors, as well as solutions for maintenance and modernization to add value to buildings throughout their life cycle. Through more effective People Flow®, we make people's journeys safe, convenient and reliable, in taller, smarter buildings. In 2018, KONE had annual sales of EUR 9.1 billion, and at the end of the year over 57,000 employees. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland. www.kone.com
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Kone Oyj published this content on 27 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 January 2020 15:34:05 UTC