YIT announces new strategy and financial targets for 2025-2029, introduces a new segment structure
YIT CORPORATION STOCK EXCHANGE ANNOUNCEMENT March 30, 2006 10:00
YITS 2004 SERIES E SHARE OPTIONS ARE QUOTED ON THE MAIN LIST OF HELSINKI EXCHANGES
The Series E share options that YIT Corporation issued in 2004 will be made available for trading on the Main List of Helsinki Stock Exchange as from April 3, 2006. A total of 180,000 Series E share options have been issued.
Each Series E share option entitles its holder to subscribe for two (2) YIT Corporation shares having a nominal value of 0.5 euro (YTY1V), as of beginning of April 2006. All in all, a maximum of 360,000 shares can be subscribed for with the Series E share options. Accordingly, the share capital can be increased by a maximum of EUR 180,000. The subscription price is EUR 6.80/share.
The subscription period is stepwise as follows:
April 1 November 30, 2006 April 1 November 30, 2007
Subscriptions will be accepted at Nordea Bank Finland plcs investment advisory branches.
Basic information on YIT Corporations 2002 Series E share option:
Trading code: YTY1VEW104 ISIN code: FI0009612824 Lot size: 10 Exchange ratio: 1 (YTY1VEW104): 2 (YTY1V)
In 2006, it is intended that the increases in the share capital on the basis of the subscriptions will be carried out as follows:
Share subscription Entry into the Trade New shares listed deadline Register April 24 April 28 May 2 June 16 June 22 June 26 August 11 August 18 August 21 October 23 October 30 October 31 November 30 December 7 December 8
The shares entitle their holder to a dividend as from the date of subscription. Other rights will vest when the share capital increase has been entered in the Trade Register.
The terms and conditions of the share option programme from 2004 as a whole are presented on the companys Internet site www.yit.fi/english.
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 Jaakko Mäkynen, Vice President, Finance, tel. +358 20 433 2307, jaakko.makynen@yit.fi
DISTRIBUTION: Helsinki Stock Exchange, principal media, www.yit.fi