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2009-11-13 15:45:00 CET 2009-11-13 15:45:01 CET REGULATED INFORMATION Ruukki Group Oyj - Major shareholder announcementsANNOUNCEMENT PURSUANT TO CHAPTER 2, SECTION 10 OF THE SECURITIES MARKET ACTRuukki Group Plc, Stock Exchange Release, 13 November 2009 at 4:45 p.m. ANNOUNCEMENT PURSUANT TO CHAPTER 2, SECTION 10 OF THE SECURITIES MARKET ACT Ruukki Group Plc has received an announcement pursuant to Securities Market Act chapter 2, section 9 regarding a change in shareholding: Kermas Ltd (registration number 504889, Tortola, British Virgin Islands) announces that it has on 12 November 2009 closed 150,000 Ruukki Group Plc forward contract agreements and bought 15,000,000 Ruukki Group Plc shares. As a result, Kermas Ltd's current ownership has exceeded 30% of the share capital and voting rights of Ruukki Group Plc. As the voting rights exceed 30%, an obligation has arisen for Kermas to make a bid for Ruukki Group Plc shares according to the Securities Market Act. Kermas Limited now owns Ruukki Group Plc shares as follows: -------------------------------------------------------------------------------- | | number of | % of shares and | | | shares | voting rights | -------------------------------------------------------------------------------- | Current ownership (shares) | 85,366,500 | 32.70% | -------------------------------------------------------------------------------- | Potential future ownership (option | +73,170,731 | 28.03% | | arrangement) | | | -------------------------------------------------------------------------------- | Total | 158,537,231 | 60.73% | -------------------------------------------------------------------------------- In addition, Kermas Ltd announces that it will apply for an exemption from the obligation to make a mandatory bid. Kermas intends to reduce its holdings below the bid obligation threshold (30%). Respectively, Kermas Ltd announces that it undertakes to restrain from using its voting rights over three thirds of the total voting rights of Ruukki Group Plc shares in a possible General Meeting of shareholders. Ruukki Group Plc's registered number of shares is 261,034,022 and share capital is EUR 23,642,049.60. The number of treasury shares held by Ruukki Group Plc on 12 November 2009 is 21,840,000 shares. RUUKKI GROUP PLC Alwyn Smit Chief Executive Officer Ruukki Group is an industrial group focusing minerals and wood processing businesses. Ruukki Group Plc's shares are listed on NASDAQ OMX Helsinki and traded in the mid cap segment, in the industrials sector. For additional information, please contact: Alwyn Smit Chief Executive Officer Ruukki Group Plc Telephone +41 7960 19094 www.ruukkigroup.fi This stock exchange release is based on a translation into English of a document written in Finnish. In case of any discrepancies, inconsistencies or inaccuracies, the Finnish version of the release shall prevail. |
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