Tulikivi Oyj - Company Announcement

Flagging annoucement 9 October 2013

TULIKIVI CORPORATION  STOCK EXCHANGE RELEASE     October 2013, 4.10  p.m.





Flagging announcement 9 October 2013






On 9 October 2013, Tulikivi Corporation received a flagging announcement
pursuant to Chapter 9, section 5 of the Securities Markets Act from
LocalTapiola Mutual Pension Insurance Company concerning the share issue
announced by Tulikivi Corporation on 8 October 2013. 



Mutual Insurance Company Pension Fennia and LocalTapiola Mutual Pension
Insurance Company will merge to form a new pension company on 1 January 2014.
The new pension company's name will be Elo Mutual Pension Insurance Company.
The general meetings of the companies approved the merger on 19 June 2013, and
the Financial Supervisory Authority gave its approval for the merger on 27 June
2013. 



The completion of the merger will mean a change in shareholding, whereby the
new Elo Mutual Pension Insurance Company's holding of Tulikivi Corporation's
shares, including the effect of the share issue being undertaken, will rise to
exceed the 5 per cent threshold. 



Following the share issue, Elo Mutual Pension Insurance Company's holding will
be 4,545,455 Tulikivi Corporation Series A shares, which will correspond to
7.59 per cent of Tulikivi Corporation's stock and less than 5 per cent of the
votes. 



Tulikivi Corporation's Board of Directors decided on the share issue on 8
October 2013, in which 22,727,273 new Tulikivi Corporation Series A shares will
be offered for subscription. The share issue will start on 11 October 2013 and
will be completed no later than 17 October 2013. It is estimated that entry of
the new shares in the Trade Register will take place on 22 October 2013. 




TULIKIVI CORPORATION

Heikki Vauhkonen, Managing Director

Distribution: NASDAQ OMX Helsinki
Key media
www.tulikivi.com

Additional information: Tulikivi Corporation, FIN-83900 Juuka, Finland, tel.
+358 207 636 000, www.tulikivi.com 
- Heikki Vauhkonen, Managing Director, +358 207 636 555