Notification in accordance with the Finnish Securities Market Act chapter 9 § 5: BlackRock, Inc. decreased its indirect holding in Sanitec Corporation
BlackRock, Inc. has informed Sanitec Corporation that its indirect ownership in Sanitec Corporation has decreased below the threshold of 5.0% of the company’s shares and votes as a result of disposal of shares on 14 July 2014. According to the notification, BlackRock Inc. now owns indirectly 4,457,335 shares, equal to approximately 4.46% of Sanitec Corporation’s share capital and total votes.
For additional information, please contact:
Head of Investor Relations
mob. 46 76 855 7836
Head of Corporate Communications
tel. 358 10 662 5426
About Sanitec – “Home of the Bathroom”
Sanitec is the leader in bathroom ceramics in Europe. We have a unique portfolio of some of the most well-known brands with deep roots in the European fixtures markets, strategically positioned to address local markets. We care passionately about people’s needs when it comes to complete bathroom concepts, providing products that stand for guaranteed quality, high level of innovation and attractive design. Stable relationships with key stakeholders in the value chain and our unique brand strengths foster our leading position as well as the loyalty and trust amongst our customers, our network of installers and the end users of our products.
Sanitec operates an integrated European group with an unparalleled local presence to provide the best value when it comes to bathroom products. In 2013 net sales amounted to EUR 702 million. Our production network includes 18 production facilities throughout Europe and currently Sanitec employs approximately 6,200 people. Our head office is located in Helsinki, Finland. The shares in Sanitec Corporation are traded on NASDAQ OMX Stockholm under the symbol “SNTC”.
For more information about Sanitec, please visit www.sanitec.com.