YIT announces new strategy and financial targets for 2025-2029, introduces a new segment structure
Stock Exchange Release June 4, 2013 09:10 a.m.
CHANGE IN THE HOLDING OF YIT'S OWN SHARES
YIT Corporation has received a return of 6,271 shares free of consideration according to the terms and conditions of YIT's share-based incentive scheme. Originally the shares were conveyed to YIT's key persons in connection with the reward payment from the 2011 and 2012 earning periods under the share-based incentive scheme for 2010-2016.
After the return YIT holds 1,624,831 own shares as of June 4, 2013.
There are 127,223,422 shares in total in YIT.
YIT CORPORATION
Hanna-Maria Heikkinen
Vice President, Investor Relations
Distribution:
NASDAQ OMX
Principal media
www.yitgroup.com
YIT is a leading European service company in building systems, construction services and services for industry. Our 25,000 professionals serve customers in 14 countries in the Nordic and Baltic countries, Russia and Central Europe. For over one hundred years we have grown together with our customers and developed our services in line with the changes taking place in different societies. We intend to continue on that track. Our vision is to lead the way in creating and maintaining good living environments. In 2012, YIT’s revenue was approximately EUR 4.7 billion. YIT’s shares are listed on the NASDAQ OMX Helsinki. www.yitgroup.com
DISCLAIMER
The information contained herein shall not constitute an offer to sell or the solicitation of an offer to buy the securities referred to herein in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.
This document is not an offer for sale of securities in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. YIT Corporation and Caverion Oyj have not registered, and do not intend to register, any offering of the Caverion shares in the United States. There will be no public offering of the Caverion shares 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.