AI assistant
YIT Oyj — Major Shareholding Notification 2016
Jan 13, 2016
3249_rns_2016-01-13_f1723a9a-2eec-4b79-89fa-bb3b8c9646d7.html
Major Shareholding Notification
Open in viewerOpens in your device viewer
Notification according to Chapter 9, Section 10 of the Securities Markets Act of change in holdings in YIT Corporation shares
Notification according to Chapter 9, Section 10 of the Securities Markets Act of change in holdings in YIT Corporation shares
Helsinki, Finland, 2016-01-13 16:00 CET (GLOBE NEWSWIRE) -- YIT CORPORATION
STOCK EXCANGE RELEASE JANUARY 13, 2016 AT 5:00
P.M.
Notification according to Chapter 9, Section 10 of the Securities Markets Act
of change in holdings in YIT Corporation shares
YIT Corporation has on January 13, 2016 received an announcement under Chapter
9, Section 5 of the Securities Markets Act, according to which the holding of
BlackRock, Inc. and its funds in YIT has gone below the threshold of 5 per
cent.
YIT announced on January 12, 2016 that the holding of BlackRock, Inc. and its
funds in YIT had increased to 5.01 per cent (6,374,475 shares) of YIT's shares
and voting rights.
YIT has one share series, each share entitling to one vote. YIT’s registered
total number of shares amounting to 127,223,422 has been used in the
calculation of percentages for the announcement.
Total positions of BlackRock, Inc. and its funds subject to the notification:
Date % shares and % of shares and voting %
voting rights through financial total
rights instruments
Resulting situation on the date Below 5 Below 5 Below
on which threshold was crossed 5
or reached
Position of previous 2.50 2.50 5.01
notification (if applicable)
Notified details of the resulting situation on the date on which the threshold
was crossed:
A: Shares and voting rights:
Class/type of Number of shares and % of shares and
shares voting rights voting rights
ISIN code (if
possible)
Direct Indirect Direct Indirect
(SMA 9:5) (SMA 9:6 (SMA 9:5) (SMA 9:6
and 9:7) and 9:7)
FI0009800643 Below 5 Below 5
SUBTOTAL A Below 5 Below 5
B: Financial instruments according to SMA 9:6a:
Type of Expirat Exercise/ Physical or Number of % of shares
financial ion Conversion cash shares and and voting
instrument date Period settlement voting rights rights
Securities N/A N/A Physical Below 5 Below 5
Lent
CFD N/A N/A Cash Below 5 Below 5
SUBTOTAL B Below 5 Below 5
For further information, please contact:
Sanna Kaje, Vice President, Investor Relations and M&A, YIT Corporation, tel.
+358 50 390 6750, [email protected]
YIT CORPORATION
Sanna Kaje
Vice President, Investor Relations and M&A
Distribution: NASDAQ OMX, major media, www.yitgroup.com
YIT is a construction industry leader. We create better living environments in
Finland, Russia, the Baltic countries, the Czech Republic, Slovakia and Poland.
Over 100 years of experience have secured us a strong market position: we are
the largest housing developer and one of the largest business premises and
infrastructure developers in Finland, and the most significant foreign housing
and area developer in Russia. Our vision is to stay one step ahead – while
taking care of our customers, partners and personnel. We have nearly 6,000
employees in eight countries. In 2014, our revenue amounted to around EUR 1.8
billion. Our share is listed on NASDAQ OMX Helsinki. www.yitgroup.com