Caverion Oyj - Company Announcement

Trading in Caverion Corporation’s shares begins at Helsinki Stock Exchange today

CAVERION CORPORATION       STOCK EXCHANGE RELEASE      JULY 1, 2013    9:00 A.M.



Trading in Caverion Corporation's shares begins at Helsinki Stock Exchange today

Trading in Caverion Corporation's shares at Helsinki Stock Exchange (NASDAQ OMX
Helsinki Ltd) begins today, July 1, 2013, at 10:00 a.m. Finnish time. The
trading code of the shares is CAV1V. In connection with YIT's demerger, YIT
Corporation's shareholders received as demerger consideration one (1) Caverion
share for each YIT share owned. Consequently, at the beginning of trading
Caverion has approximately 38,000 shareholders, and the number of shares
subject to public trading is 125,596,092. 

Caverion Corporation was established through the partial demerger of YIT
Corporation on June 30, 2013 when YIT's Building Services and Industrial
Services operations were transferred to an independent company. Caverion
designs, builds and maintains user-friendly and energy-efficient building
systems and offers industrial services. Its strengths include technological
competence that covers all building systems throughout the life cycle of the
property. In 2012, Caverion's revenue amounted to approximately EUR 2.8
billion. The company has over 18,000 employees in 13 countries in Northern and
Central Europe. 

Juhani Pitkäkoski, Caverion's President and CEO:

“Caverion is a new company but we have a long history behind us. As an
independent company, we can focus more fully on our core competence, and we
have a better opportunity to become the leading provider of building systems in
Europe. In addition, we have a unique chance to develop new type of business
and service culture. We are pursuing not only a greater market share but also
the position as the most efficient and innovative company of our industry. The
favourable outlook in service and maintenance, our position as a technological
forerunner and, in particular, the extensive growth potential in the
German-speaking region provide a good starting point for the new company. We
have a wide shareholder base, and we believe that the clearer business
structure will create preconditions for increase in shareholder value, too.” 


The registration document according to the Finnish Securities Markets Act,
which includes information on Caverion and its business and financial position,
as well as the securities note and summary (together with the registration
document the “Prospectus”) related to the partial demerger disclosed by YIT on
February 5, 2013 and the shares to be given as demerger consideration in
connection with the partial demerger, have been available as of June 5, 2013 on
YIT's website at www.yit.fi/sijoittajat. The unofficial English translation of
the Prospectus has been available as of June 5, 2013 on YIT's website at
www.yitgroup.com/investors.The Prospectus has been supplemented by a supplement
document dated on June 26, 2013, which has been available as a part of the
Prospectus as of June 27, 2013 in the above mentioned addresses. 



For further information, please contact:


Juhani Pitkäkoski, President and CEO, Caverion Corporation, tel. +358 50 409
1244, juhani.pitkakoski@caverion.fi 
Milena Hæggström, Head of Investor Relations, tel. +358 40 5581 328,
milena.haeggstrom@caverion.fi 



CAVERION CORPORATION


Distribution:
NASDAQ OMX,
Major media,
www.caverion.com



Caverion designs, builds and maintains user-friendly and energy-efficient
building systems and offers industrial services. Our services are used in
offices and retail properties, housing, public premises and industrial plants,
among other places. We aim to be the number one building systems company in
Europe. Our strengths include technological competence and customer-oriented
service, covering all building systems throughout the life cycle of the
property. Caverion was established through the demerger of Building Services
and Industrial services businesses from YIT Group on June 30, 2013. Our revenue
for 2012 amounted to approximately EUR 2.8 billion. Caverion has over 18,000
employees in 13 countries in Northern and Central Europe. The company's shares
are listed on the NASDAQ OMX Helsinki. www.caverion.com 



DISCLAIMER

This announcement is not an offer of securities for sale in any jurisdiction.
No securities are being registered under the US Securities Act of 1933 and may
not be offered or sold in the United States absent registration or an exemption
from registration.  No public offering of securities is being made in the
United States. 

This release includes forward-looking statements. These forward-looking
statements include, but are not limited to, all statements other than
statements of historical facts contained in this communication, including,
without limitation, those regarding the demerger plan and its execution. By
their nature, forward looking statements involve known and unknown risks,
uncertainties and other factors because they relate to events and depend on
circumstances that may or may not occur in the future. Such statements are
based on numerous assumptions and may differ materially from (and be
significantly more negative than) those made in, or suggested by, the
forward-looking statements contained in this release.