Helsinki, Finland, 2014-02-06 07:15 CET (GLOBE NEWSWIRE) -- YIT CORPORATION
STOCK EXCHANGE RELEASE FEBRUARY 6, 2014 AT 8:15 A.M.
YIT's disclosure policy updated
YIT´s Board of Directors has on February 5, 2014 approved an updated disclosure
policy for YIT Corporation. The most essential change concerns the publishing
of significant projects or investor deals. The following is stated in the
updated disclosure policy:
“Information on a project or investor deal is disclosed as a stock exchange
release if the value of the started/signed project/deal exceeds EUR 100
million. The principle regarding significant projects is that the company's
own-developed projects are published when the decision to start the project has
been made. Contracting projects and investor deals are published once the
agreement has been signed.”
There was no exact limit set for projects or investor deals to be published as
stock exchange release in YIT's previous disclosure policy.
The disclosure policy can be read in its entirety in the investors section on
YIT's homepage.
http://www.yitgroup.com/YIT_GROUP/Investors/investor-relations/disclosure-policy
For additional information, please contact:
Sanna Kaje, Vice President, Investor Relations, YIT Corporation, tel. +358 50
390 6750, sanna.kaje@yit.fi
Hanna Malmivaara, Vice President, Communications, YIT Corporation, tel. +358 40
561 6568, hanna.malmivaara@yit.fi
YIT CORPORATION
Sanna Kaje
Vice President, Investor Relations
Distribution: NASDAQ OMX, principal media, www.yitgroup.com
YIT is a construction industry leader. We create better living environments in
Finland, Russia, the Baltic countries, the Czech Republic and Slovakia. Over
100 years of experience have secured for us a strong market position: We are
the largest housing developer and one of the largest business premises and
infrastructure developers in Finland, and the most significant foreign housing
and area developer in Russia. Our vision is to stay one step ahead - while
caring for our customers, partners and personnel. We have more than 6,000
employees in seven countries. In 2013, our revenue amounted to nearly EUR 1.9
billion. Our share is listed on Nasdaq OMX Helsinki. www.yitgroup.com