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2016-01-12 17:00:01 CET 2016-01-12 17:00:01 CET REGULATED INFORMATION YIT - Company AnnouncementNotification according to Chapter 9, Section 10 of the Securities Markets Act of change in holdings in YIT Corporation sharesHelsinki, Finland, 2016-01-12 17:00 CET (GLOBE NEWSWIRE) -- YIT CORPORATION STOCK EXCANGE RELEASE JANUARY 12, 2016 AT 6:00 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 12, 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 exceeded the threshold of 5 per cent. According to the announcement, the holding of BlackRock, Inc. and its funds in YIT has increased to 6,374,475 shares, corresponding to 5.01 per cent 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 2.50 2.50 5.01 on which threshold was crossed or reached -------------------------------------------------------------------------------- Position of previous Below 5 Below 5 Below notification (if applicable) 5 -------------------------------------------------------------------------------- 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 3,191,597 2.50 -------------------------------------------------------------------------------- SUBTOTAL A 3,191,597 2.50 -------------------------------------------------------------------------------- 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 361,412 0.28 Lent -------------------------------------------------------------------------------- CFD N/A N/A Cash 2,821,466 2.21 -------------------------------------------------------------------------------- SUBTOTAL B 3,182,878 2.50 -------------------------------------------------------------------------------- For further information, please contact: Sanna Kaje, Vice President, Investor Relations and M&A, YIT Corporation, tel. +358 50 390 6750, sanna.kaje@yit.fi 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 |
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