YIT announces new strategy and financial targets for 2025-2029, introduces a new segment structure
STOCK EXCHANGE RELEASE NOVEMBER 26, 2008 AT 9.30
NOTIFICATION OF CHANGE IN HOLDINGS UNDER CHAPTER 2, SECTION 9 OF THE FINNISH SECURITIES MARKET ACT
YIT Corporation has on November 25, 2008 gained knowledge of notification under the Finnish Securities Market Act stating that following a share transaction on November 24, 2008 holding of Structor S.A has increased to over 10 per cent of YIT Corporation's shares and votes. The company holds total of 12,750,000, YIT shares which equals to 10.02 per cent of YIT Corporation's shares.
At the same time it is notified that YIT Corporation shares owned by Fennogens Investments S.A and Corbis S.A have been transferred to Structor S.A, and thus these two companies do no longer hold YIT shares.
YIT has published notifications of increases in holdings sent by Fennogens Investments S.A and Corbis S.A on October 3, 2008 and November 11, 2008.
Attached notification sent to YIT Corporation.
For additional information, contact: Petra Thorén, Senior Vice President, Investor Relations, YIT Corporation, +358 (0)40 764 5462, petra.thoren@yit.fi
YIT CORPORATION
Juha Kostiainen Senior Vice President, Corporate Communications and Business Development
Distribution: NASDAQ OMX, major media, www.yitgroup.com