Return of Lemminkäinen Corporation conditional shares issued in 2010
LEMMINKÄINEN CORPORATION STOCK EXCHANGE RELEASE 7 FEBRUARY 2013 AT 11.00 A.M
RETURN OF LEMMINKÄINEN CORPORATION CONDITIONAL SHARES ISSUED IN 2010
As disclosed on 17 March 2010, minority holdings in Lemminkäinen Corporation's subsidiaries were redeemed by a directed share issue and share exchange, by issuing Lemminkäinen Corporation's shares as consideration for the minority holders of subsidiaries. Some of the shares were issued conditionally, with 70,533 still subjected to an obligation to be returned to Lemminkäinen if certain financial criteria of the subsidiaries were not met.
For this reason, based on the 2012 financial statements, 34,406 of the conditional shares will be returned to Lemminkäinen Corporation.
At the same time, with respect to the other shares, the conditional obligation to return the shares has expired.
Robert Öhman, CFO
Tel. +358 2071 53515
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