Nokian share transfer increases Bridgestone Corp. ownership above 15%

Bridgestone Europe will transfer its shares in Nokian Tyres plc to Bridgestone Corporation on 7 May, the Japanese tyre maker told Nokian. This agreement decreases Bridgestone Europe’s ownership in Nokian to less than five per cent of share capital and Bridgestone Corporation’s ownership to over 15 per cent of the share capital.