Notification according to Chapter 9, Section 10 of the Securities Markets Act of change in holdings in YIT Corporation shares

YIT CORPORATION STOCK EXCHANGE RELEASE JUNE 14, 2016 AT 6:00 P.M.

YIT Corporation has on June 14, 2016 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which the holding of JPMorgan Chase & Co. and its funds in YIT has exceeded the threshold of 5 per cent. According to the announcement, the holding had exceeded the threshold on June 13, 2016. 

According to the announcement, the holding of JPMorgan Chase & Co. and its funds in YIT has on June 13, 2016 increased to 6,781,876 shares, corresponding to 5.33 per cent of YIT's shares and voting rights.

YIT has one share series, each share entitling to one vote. YIT’s registered total number of shares amounting to 127,223,422 has been used in the calculation of percentages for the announcement.

Total positions of JPMorgan Chase & Co. and its funds subject to the notification:

Date  % shares and voting rights  % of shares and voting rights through financial instruments  % total 
Resulting   situation on the date on which threshold was crossed or reached 5.33%  0.00%  5.33% 
Position   of previous notification (if applicable) N/A  N/A  N/A 

Notified details of the resulting situation on the date on which the threshold was crossed:

A: Shares and voting rights:

Class/type of shares
  ISIN code (if possible)
Number of shares and voting rights  % of shares and voting rights 
Direct
  (SMA 9:5)
Indirect
  (SMA 9:6 and 9:7)
Direct
  (SMA 9:5)
Indirect
  (SMA 9:6 and 9:7)
FI0009800643 6,775,715     5.33% 
SUBTOTAL A  6,775,715     5.33% 

B: Financial instruments according to SMA 9:6a:

Type of financial instrument   Expiration date   Exercise/ Conversion Period   Physical or cash settlement   Number of shares and voting rights   % of shares and voting rights  
Contract for difference N/A N/A Cash settlement 6,161  0.00% 
SUBTOTAL B  6,161  0.00% 

For further information, please contact: 

Sanna Kaje, Vice President, Investor Relations and M&A, YIT Corporation, tel. +358 50 390 6750, sanna.kaje@yit.fi

YIT CORPORATION 

Sanna Kaje
Vice President, Investor Relations and M&A

Distribution: NASDAQ OMX, major media, www.yitgroup.com 

YIT is a construction industry leader that creates sustainable urban environments by constructing housing, business premises, infrastructure and entire areas. We focus on providing a first-class customer experience, high quality and continuous development of our diverse expertise. Our operating area covers Finland, Russia, the Baltic countries, the Czech Republic, Slovakia and Poland. Our vision is to stay one step ahead – while caring for our customers, partners and personnel. We have over 5,300 employees in eight countries. In 2015, our revenue amounted to nearly EUR 1.7 billion. Our share is listed on Nasdaq OMX Helsinki. www.yitgroup.com 

About Us

YIT is the largest Finnish and significant North European construction company. We develop and build apartments, business premises and entire areas. We are also specialised in demanding infrastructure construction and paving. Together with our customers our 10,000 professionals are creating more functional, more attractive and more sustainable cities and environments. We work in 11 countries: Finland, Russia, Scandinavia, the Baltic States, the Czech Republic, Slovakia and Poland. The new YIT was born when over 100-year-old YIT Corporation and Lemminkäinen Corporation merged on February 1, 2018. Our combined annual revenue for 2017 was over EUR 3.8 billion. YIT Corporation's share is listed on Nasdaq Helsinki Oy. www.yitgroup.com

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