Lemminkäinen to terminate liquidity providing agreement
LEMMINKÄINEN CORPORATION STOCK EXCHANGE RELEASE 12 DECEMBER 2013 AT 12.30 P.M.
LEMMINKÄINEN TO TERMINATE LIQUIDITY PROVIDING AGREEMENT
Lemminkäinen Corporation has terminated the liquidity providing (LP) agreement it has with Nordea Bank Finland Plc. The agreement meets the requirements set for liquidity providing at NASDAQ OMX Helsinki Ltd. Liquidity providing in accordance with the agreement will end on 31 December 2013.
The company estimates that the liquidity of the stock is sufficient and an external liquidity provider is no longer needed.
According to the agreement made in 4 October 2004, Nordea Bank Finland Plc has quoted both bid and offer prices for Lemminkäinen Corporation's share so that the prices do not deviate from each other by more than 4%, calculated on the bid price.
Katri Sundström, Vice President, Investor Relations
tel. +358 400 976 333
NASDAQ OMX Helsinki
Lemminkäinen Group operates in all areas of the construction sector. The Group's business segments are building construction, infrastructure construction, technical building services and international operations. Net sales in 2012 were about EUR 2.3 billion, of which international operations accounted for roughly 40 per cent. The Group employs an average of 8,200 people. Lemminkäinen Corporation's share is quoted on NASDAQ OMX Nordic Exchange Helsinki. www.lemminkainen.com