Konecranes Makes Disclosure under chapter 9, section 10 of the Securities Market Act
OREANDA-NEWS. August 18, 2016. Konecranes (ID 0942718-2) has received a disclosure under Chapter 9, Section 5 of the Securities Market Act, according to which the holding of Sanderson Asset Management LLP in Konecranes Plc has exceeded 5 percent. Sanderson Asset Management LLP held 3,230,546 Konecranes Plc’s shares on August 16, 2016, which is 5.11 percent of Konecranes Plc’s shares and votes.
Konecranes Plc has a total of 63,272,342 shares. The company has only one class of shares and each share entitles to one vote.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 and machine tools of all makes. In 2015, Group sales totaled EUR 2,126 million. The Group has 11,400 employees at 600 locations in 48 countries. Konecranes is listed on Nasdaq Helsinki (symbol: KCR1V).