SUBSCRIPTION FOR YIT SHARES BY EXERCISING THE 1998 SERIES A AND B SHARE OPTIONS
Through the exercise of the 1998 Series A share options a total of 46,750 YIT Corporation shares have been subscribed for during the period October 28 - November 28, 2003. A total of 73,429 YIT shares were subscribed for on the basis of the series B share options during the same period. 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 was November 28, 2003.
The increase in the share capital as a consequence of these share subscriptions, EUR 240,358, is to be entered in the Trade Register on 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 a significant North European construction company and urban developer. We develop and build apartments and living services, business premises and entire areas. We are also specialised in demanding infrastructure construction. Together with our customers, our nearly 8,000 professionals are creating more functional, attractive and sustainable cities and environments. We work in 10 countries: Finland, Russia, Sweden, Norway, the Baltic countries, Czech Republic, Slovakia and Poland. Our revenue in 2019 was approximately EUR 3.4 billion. YIT Corporation's share is listed on Nasdaq Helsinki Oy. www.yitgroup.com