Ruukki Group Plc, Stock Exchange Release, 20 October 2008 at 3:37 p.m.
Ruukki Group Plc has received an announcement pursuant to Securities Market Act
chapter 2, section 9 regarding a change in shareholding:
RCS Trading Corporation Ltd's (company number 65574B, Nassau, Bahamas) current
ownership of the share capital and voting rights of Ruukki Group Plc has
exceeded 10 % on value date 17 October 2008 due to a share lending agreement
made. RCS Trading Corporation Ltd's current ownership will again fall below 5 %
as the share lending agreement expires on 21 October 2008.
RCS Trading Corporation Ltd now owns Ruukki Group Plc shares and derivatives as
follows:
--------------------------------------------------------------------------------
| | number of shares | proportion of voting |
| | | rights and share |
| | | capital |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Current ownership (shares) | 34,644,000 | 11.94 % |
--------------------------------------------------------------------------------
| Future ownership (shares) | +15,000,000 | 5.17 % |
--------------------------------------------------------------------------------
| Potential future ownership | +70,966,500 | 24.47 % |
| (derivatives) | | |
--------------------------------------------------------------------------------
| Future ownership | -33,644,000 | -11.60 % |
| (share lending agreement) | | |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Total | 86,966,500 | 29.98 % |
--------------------------------------------------------------------------------
The derivatives include 62,673,500 forward contracts of which 8,774,200 will
expire in December 2008 and 53,899,300 in January 2009.
RCS Trading Corporation Ltd's current ownership will be on value date 21 October
2008 altogether 1,000,000 Ruukki Group Plc shares, which correspond to about
0.34 % of the share capital and voting rights of Ruukki Group Plc.
In addition, RCS Trading Corporation Ltd (company number 65574B, Nassau,
Bahamas) announces that as a result of partially exercising forward contracts
that have expired in October the current ownership of RCS Trading Corporation
Ltd will exceed 5 % of the share capital and voting rights of Ruukki Group Plc
on 22 October 2008 as the transaction is settled on the stock exchange.
RCS Trading Corporation Ltd will own on 22 October 2008 Ruukki Group Plc shares
and forward contracts as follows:
--------------------------------------------------------------------------------
| | number of shares | proportion of voting |
| | | rights and share |
| | | capital |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Current ownership (shares) | 16,000,000 | 5.52 % |
--------------------------------------------------------------------------------
| Potential future ownership | +70,966,500 | 24.47 % |
| (derivatives) | | |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Total | 86,966,500 | 29.98 % |
--------------------------------------------------------------------------------
The derivatives include 62,673,500 forward contracts of which 8,774,200 will
expire in December 2008 and 53,899,300 in January 2009.
Ruukki Group Plc's registered number of shares is 290,034,022 and share capital
is EUR 23,642,049.60.
RUUKKI GROUP PLC
Alwyn Smit
Chairman of the Board and CEO
Ruukki Group Plc's shares are listed on OMX Nordic Exchange Helsinki in which
the shares of the Company are traded in the mid cap segment, in the industrials
sector.
For additional information, please contact:
Alwyn Smit
Chairman of the Board and CEO
Ruukki Group Plc
Telephone +358 50 442 1663 / +41 7960 19094
www.ruukkigroup.fi
This stock exchange release is based on a translation into English of a document
written in Finnish. In case of any discrepancies, inconsistencies or
inaccuracies, the Finnish version of the release shall prevail.
ANNOUNCEMENT PURSUANT TO CHAPTER 2, SECTION 10 OF THE SECURITIES MARKET ACT
| Source: Afarak Group Plc