UK Regulatory | 31 March 2011 08:00
Ruukki Group Plc / Holding(s) in Company*
31.03.2011 08:00
Dissemination of a UK Regulatory Announcement, transmitted by
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The issuer is solely responsible for the content of this announcement.
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07:00 London, 09:00 Helsinki, 31 March 2011 - Ruukki Group Plc, Stock Exchange
Release
HOLDINGS IN COMPANY (FLAGGING NOTIFICATION IN ACCORDANCE WITH CHAPTER 2,
SECTION 10 OF THE FINNISH SECURITIES MARKET ACT)
Ruukki Group Plc ('Ruukki') (LSE: RKKI, OMX: RUG1V) has on 30 March 2011
received a flagging notification in accordance with Chapter 2, Section 9 of the
Finnish Securities Market Act from Hanwa Co. Ltd ('Hanwa'), a company
incorporated and existing under the laws of Japan with its principal office at
6-18-2 Ginza. Chuo-Ku. Tokyo 104-8249 Japan, regarding the shares of Ruukki.
According to the notification, Hanwa has signed a share transfer agreement with
Finaline Business Limited concerning a sale and transfer of 27,000,000 shares
in Ruukki Group Plc. After the completion, the transaction will result in Hanwa
falling below 5 per cent and becoming a 1.21 per cent holder of the shares and
voting rights in Ruukki. Pursuant to the share transfer agreement, the
transaction shall be completed on 28 December 2011 at the latest but all or
part of the transaction shares may be transferred prior to that date.
1. Name of the target company
Ruukki Group Plc.
2. Basis for the flagging obligation
Hanwa has signed a share transfer agreement with Finaline Business Limited
concerning a sale and transfer of 27,000,000 shares in Ruukki Group Plc. After
the completion, the transaction will result in Hanwa falling below 5 per cent.
3. Date when the holdings will change
At the latest 28 December 2011.
4. Once the transaction is completed, the holding of Hanwa Co. Ltd in Ruukki
will be the following:
Shares and voting rights attached to them
Number of shares % of shares Number of voting rights % of voting rights
3,000,000 1.209 3,000,000 1.209
5. Name and address of the shareholder
Hanwa Co. Limited
6-18-2 Ginza. Ghuo-Ku. Tokyo 104-8429 Japan.
RUUKKI GROUP PLC
Markus Kivimaeki
Head of Corporate Affairs
For additional information, please contact:
Ruukki Group Plc
Markus Kivimaeki, Head of Corporate Affairs, +358 50 3495 687,
markus.kivimaki@ruukkigroup.fi
Thomas Hoyer, CFO, +358 45 6700 491, thomas.hoyer@ruukkigroup.fi
Investec Bank Plc
Stephen Cooper, +44 (0)20 7597 5104, stephen.cooper@investec.co.uk
RBC Capital Markets
Martin Eales, +44 (0)20 7653 4000, martin.eales@rbccm.com
Peter Barrett-Lennard, +44 (0)20 7653 4000, peter.barrett-lennard@rbccm.com
Ruukki Group is a natural resources company with a mining and minerals business
in southern Europe and southern Africa. The Company is listed on NASDAQ OMX
Helsinki (RUG1V) and the Main Market of the London Stock Exchange (RKKI).
www.ruukkigroup.fi
News Source: NASDAQ OMX
31.03.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Ruukki Group Plc
FI
Phone:
Fax:
E-mail:
Internet:
ISIN: FI0009800098
Category Code: HOL
LSE Ticker: RKKI
Sequence Number: 760
Time of Receipt: March 31, 2011 08:00:02
End of Announcement DGAP News-Service
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