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- Stock Exchange Release
- 15.12.2015 11:00 CET
Notification according to Chapter 9, Section 10 of the Securities Markets Act of change in holdings in YIT Corporation shares
STOCK EXCHANGE RELEASE DECEMBER 15, 2015 AT 12:00 NOON
Notification according to Chapter 9, Section 10 of the Securities Markets Act of change in holdings in YIT Corporation shares
YIT Corporation has on December 14, 2015 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which the holding of Polaris Capital Management, LLC in YIT has gone below the threshold of 5 per cent.
According to the announcement, the holding of Polaris Capital Management, LLC in YIT has on December 11, 2015 decreased to 6,302,538 shares, corresponding to 4.95 per cent of YIT's shares and the holding of voting rights in YIT has decreased to 4,461,257, which is 3.51 per cent of voting rights in YIT.
On November 12, 2015 YIT announced that that the holding of Polaris Capital Management, LLC in YIT had increased to 6,374,798 shares, corresponding to 5.01 per cent of YIT’s shares, and the number of voting rights had increased to 4,533,517, corresponding to 3.56 per cent of voting rights in YIT.
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.
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, principal 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