YIT announces new strategy and financial targets for 2025-2029, introduces a new segment structure
September 28, 2007 at 2:45 p.m. CORPORATE RELEASE LARGEST SHAREHOLDERS ANNOUNCEMENT
NOTIFICATION OF CHANGE IN PORTION OF HOLDINGS PURSUANT TO THE SECURITIES MARKETS ACT, CHAPTER 2, SECTION 9
On September 28, 2007, YIT Corporation received the following notification, pursuant to the Securities Markets Act, concerning a change in a shareholding in the company: Varma Mutual Pension Insurance Company's portion of holdings of YIT Corporation's total number of shares and votes fell below one twentieth (1/20). Under the Securities Markets Act, Chapter 2, Section 9, we report the following information to the Financial Supervision Authority and YIT Corporation:
1. The target company's name and business ID: YIT Corporation, business ID 0112650-2
2. Basis of flagging notification: A sale of shares which was made yesterday, September 27, 2007.
3. Time when the portion of holdings changed: September 27, 2007
4. Portion of the target company's share capital and number of votes Varma Mutual Pension Insurance Company now owns YIT Corporation shares as follows:
No. of shares Portion of total shares Portion of votes 6,115,208 4.82% 4.82%
The total number of YIT Corporation's shares is 126,906,258 shares, which confer a total of 126,906,258 votes.
5. Shareholder's name and business ID: Varma Mutual Pension Insurance Company, business ID 0533297-9
Helsinki, September 28, 2007
VARMA MUTUAL PENSION INSURANCE COMPANY
Risto Murto Mervi Salonen
YIT CORPORATION Veikko Myllyperkiö Vice President, Corporate Communications
For additional information, contact: Marja Salo, Director of Administration, tel. +358 20 433 2470, marja.salo@yit.fi
Distribution: OMX Nordic Exchange in Helsinki, principal media, www.yit.fi