Honkarakenne Oyj - Company Announcement

THE MARKET MAKING AGREEMENT FOR HONKARAKENNE OYJ’S SHARE IS TRANSFERRED FROM FIM TO S-PANKKI

HONKARAKENNE OYJSTOCK EXCHANGE RELEASE1 March 2016 at 10:30 a.m.
THE MARKET MAKING AGREEMENT FOR HONKARAKENNE OYJ’S SHARE IS TRANSFERRED FROM
FIM TO S-PANKKI 
Honkarakenne Oyj’s market making agreement is transferred from FIM to S-Bank.
FIM Investment Services Ltd has been the liquidity provider for Honkarakenne’s
shares. FIM transfers these operations, as an internal transfer of business, to
S-Bank on 1 March 2016. 

Honkarakenne Oyj has concluded a market making agreement with S-Bank, which
enters into force on 1 March 2016. This agreement contains the same terms and
conditions as the market making agreement concluded with FIM that ended on 29
February 2016. The purpose of the agreement is to ensure the liquidity of
Honkarakenne’s shares and to narrow the spread between buy and sell quotations.
According to the agreement, S-Bank undertakes to issue buy and sell quotations
for Honkarakenne shares on a continuous basis on its own behalf during NASDAQ
OMX Helsinki’s normal trading hours. 

The minimum requirements for S-Bank’s price quotes are defined in NASDAQ OMX
Helsinki’s liquidity provider guidelines. According to the current guidelines,
S-Bank undertakes to quote prices for at least 85% of the continuous trading
time and in the auction procedures applied to the securities during the trading
day. The minimum number of shares in binding buy and sell quotations is the
amount of shares involved in a trading value of at least EUR 4,000. The maximum
spread of buy and sell quotations can be 4%, calculated using the buy
quotation. 

Honkarakenne Oyj
Marko Saarelainen
President and CEO

Additional information:
CFO, Mikko Jaskari, tel. +358 (0)400 535 337, mikko.jaskari@honka.com
 
DISTRIBUTION
NASDAQ OMX Helsinki
Key media
Financial Supervisory Authority
www.honka.com