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.
For additional information, please contact:
Sanna Kaje, Vice President, Investor Relations, YIT Corporation, tel. +358 50 390 6750, firstname.lastname@example.org
Hanna Malmivaara, Vice President, Communications, YIT Corporation, tel. +358 40 561 6568, email@example.com
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