The stake in Lemminkäinen Corporation of Erkki Pentti's estate has been transferred to PNT Group Oy, owned by Anna Pentti and Heppu Pentti
LEMMINKÄINEN CORPORATION STOCK EXCHANGE RELEASE 02.12.2011 AT 3.15 P.M.
THE STAKE IN LEMMINKÄINEN CORPORATION OF ERKKI PENTTI'S ESTATE HAS BEEN TRANSFERRED TO PNT GROUP OY, OWNED BY ANNA PENTTI AND HEPPU PENTTI
On 2 December 2011, Lemminkäinen Corporation recieved a flagging notification on shares in the company, in accordance with Chapter 2 Section 9 of the Securities Markets Act.
Erkki Pentti's estate has announced that, as a result of a partial estate distribution of 2 December 2011, the shares in Lemminkäinen Corporation belonging to the estate were divided equally between Anna Pentti and Heppu Pentti. Following this, Anna Pentti and Heppu Pentti transferred their shares in Lemminkäinen Corporation to PNT Group Oy, of which they each own 50 per cent, as a contribution in kind.
As a result, the shares held by Erkki Pentti's estate in Lemminkäinen Corporation reduced from 3,673,956 shares, i.e. around 18.7 per cent of all shares and votes in Lemminkäinen Corporation, to zero. As a proportion of all Lemminkäinen Corporation shares and votes, PNT Group Oy's shares in the company have risen by the corresponding amount, exceeding 15 per cent of all shares and votes in Lemminkäinen Corporation.
Lemminkäinen Corporation has a total of 19,644,764 shares. The Company has one share series, each share entitling the holder to a single vote.
Katri Sundström, Investor Relations Officer
Tel. +358 2071 54813
NASDAQ OMX Helsinki Oy
Lemminkäinen Group operates in all areas of the construction sector. The Group's business sectors are Building Construction, Infrastructure Construction and Technical Building Services. From the beginning of 2012, International Construction will form a fourth business sector. Net sales in 2010 were around EUR 2.0 billion, of which international operations accounted for roughly a quarter. The Group employs 8,000 people on average. Lemminkäinen Corporation's shares are quoted on NASDAQ OMX Helsinki Ltd. www.lemminkainen.com.