Notification according to Chapter 9, Section 5 of the Securities Markets Act of change in holdings in YIT Corporation shares

STOCK EXCHANGE RELEASE      MARCH 19, 2015 AT 4:00 P.M.

 

Notification according to Chapter 9, Section 5 of the Securities Markets Act of change in holdings in YIT Corporation shares

 

YIT Corporation has on March 19, 2015 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which the holding of the mutual funds managed by BlackRock, Inc. in YIT has gone below the threshold of 5 per cent.

 

YIT announced on March 12, 2015 that the holding of the mutual funds managed by BlackRock, Inc. in YIT had exceeded the threshold of 5.00 per cent (6,361,179 shares) of YIT's shares and voting rights.

 

For further information, please contact:

 

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

 

 

 

YIT CORPORATION

 

Sanna Kaje
Vice President, Investor Relations

 

 

 

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

 

YIT is a construction industry leader. We create better living environments in Finland, Russia, the Baltic countries, the Czech Republic and Slovakia. Over 100 years of experience have secured us a strong market position: we are the largest housing developer and one of the largest business premises and infrastructure developers in Finland, and the most significant foreign housing and area developer in Russia. Our vision is to stay one step ahead – while taking care of our customers, partners and personnel. We have nearly 6,000 employees in seven countries. In 2014, our revenue amounted to around EUR 1.8 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 pro forma 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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