Forward contract executed by Peab AB, 10.58 per cent stake in Lemminkäinen
LEMMINKÄINEN CORPORATION STOCK EXCHANGE RELEASE 3 April 2012 at 2 PM
FORWARD CONTRACT EXECUTED BY PEAB AB, 10.58 PER CENT STAKE IN LEMMINKÄINEN
On 3 April 2012, Lemminkäinen Corporation received a notification pursuant to Chapter 2, Section 9 of the Securities Markets Act. According to this notification, Peab Invest AS, a wholly owned subsidiary of Peab AB (publ), acquired 940,000 shares in Lemminkäinen Corporation through a forward contract executed on 2 April 2012. These shares account for 4.78 per cent of Lemminkäinen Corporation's shares and votes. The shares were transferred immediately after the transaction to Peab AB (publ.).
As a result of the forward contract executed on 2 April 2012, the number of shares owned by Peab AB (publ.) will rise to 2,080,225, corresponding to 10.58 per cent of Lemminkäinen Corporation's shares and votes.
On 13 September 2011, Lemminkäinen received a notification pursuant to Chapter 2, Section 9 of the Securities Markets Act. According to this notification, the percentage of Lemminkäinen Corporation shares and votes held by Peab AB (publ) exceeded 5 per cent on 13 September 2011, and would exceed 10 per cent on 28 September 2011 upon the execution of a forward contract. The contract was rolled forward, with a new maturity date of 2 April 2012.
Lemminkäinen Corporation has a total of 19,650,176 shares. The Company has one share series, each share entitling the holder to a single vote.
President and CEO, Timo Kohtamäki
Tel. +358 2071 53263
NASDAQ OMX Helsinki Ltd
Lemminkäinen Group operates in all areas of the construction sector. The Group's operations are organised into four business sectors: building construction, infrastructure construction, technical building services and international operations. Net sales in 2011 were about EUR 2.3 billion, of which international operations accounted for roughly a third. The Group employs 8,400 people on average. Lemminkäinen Corporation's share is quoted on NASDAQ OMX Nordic Exchange Helsinki. www.lemminkainen.com