SUBSCRIPTION FOR YIT SHARES BY EXERCISING THE 1998 SHARE OPTIONS
Through the exercise of the 1998 Series A share options, after the previous entry in the Trade Register on August 21, 2003, a total of 85,450 YIT Corporation shares have been subscribed for by October 27, 2003. A total of 199,900 YIT shares have been subscribed for through the exercise of the Series B share options during the same period. The increase in the share capital as a consequence of these share subscriptions, totalling EUR 570,700, was entered in the Trade Register on October 31, 2003.
Following the increase, YITs share capital is EUR 60,806,392 and the total number of shares outstanding is 30,403,196. The nominal value of the share is 2 euros.
The new shares confer all shareholder rights as from the date of registration, October 31, 2003, and they will be accepted for public trading on Helsinki Exchanges together with the existing shares. The objective is that trading in the shares will commence on November 3, 2003.
By October 27, 2003, a total of 528,130 shares have been subscribed for with the 1998 Series A share options. Max. 71,870 shares can be subscribed for with the remaining Series A share options. A total of 491,381 shares have been subscribed for with the Series B share options. Max. 108,619 shares can be subscribed for with the remaining Series B share options. In accordance with the terms and conditions of the share option programme, the last subscription day for both the Series A and Series B share options will be November 28, 2003. Share subscriptions will be received by Conventum Securities Limited.
The objective is that the share subscriptions with the Series A and Series B share options will be entered in the Trade Register as follows:
The subscription Registration at the latest: in the Trade Register: November 28, 2003 December 4, 2003
Veikko Myllyperkiö Vice President, Corporate Communications
For additional information, contact: Jaakko Mäkynen, Vice President, Finance, tel. +358 20 433 2307, firstname.lastname@example.org Marja Salo, Director of Administration, tel. +358 20 433 2470, email@example.com
Distribution: Helsinki Exchanges, principal media, www.yit.fi
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