YIT announces new strategy and financial targets for 2025-2029, introduces a new segment structure
STOCK EXCHANGE RELEASE NOVEMBER 10, 2008 AT 13:00
UNDER CHAPTER 2, SECTION NOTIFICATION OF CHANGE IN HOLDINGS 9 OF THE FINNISH SECURITIES MARKET ACT
YIT Corporation has on November 7, 2008 gained knowledge of notification under the Finnish Securities Market Act stating that following a share transaction on November 6, 2008 holding of Fennogens Investments S.A has increased to over 5% of YIT Corporation's shares and votes. The company holds total of 7,440,400 YIT shares which equals to 5.85 per cent of YIT Corporation's shares.
On October 3, 2008 YIT Corporation announced that the company had received a notification stating that following a share transaction on October 2, 2008 the combined holdings of Fennogens Investments S.A and Corbis S.A had increased to over 5% of YIT Corporation's shares and votes. Based on notification received by YIT on November 7, 2008 the combined holdings of Fennogens Investments S.A and Corbis S.A amount to 9,19% of YIT Corporation's shares and votes.
Fennogens Investment S.A and Corbis S.A are owned by same parties.
Attached notification sent by Fennogens Investments S.A.
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