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Provider: Reuters Investment Profile
Provider: Directors Deals Ltd.

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YIT Oyj Announces Registration of Caverion's Demerger in Finnish Trade Register

Monday, 1 Jul 2013 02:00am EDT 

YIT Oyj announced that the implementation of the partial demerger decided upon by the extraordinary general meeting of YIT on June 17, 2013 has been registered with the Finnish Trade Register on June 30, 2013. YIT’s shareholders have received as demerger consideration one (1) share in Caverion for each share owned in YIT. No demerger consideration was distributed to any treasury shares held by YIT. Thus, the number of shares given as demerger consideration was 125,596,092. The implementation of the demerger does not have effects on the listing of YIT shares on NASDAQ OMX Helsinki Ltd. 

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