VARMA MUTUAL PENSION INSURANCE COMPANY DECREASED HOLDING IN RAMIRENT

RAMIRENT PLC COMPANY ANNOUNCEMENT 26 March 2014 at 15:30

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| Source: Ramirent Oyj
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Vantaa, Finland, 2014-03-26 14:30 CET (GLOBE NEWSWIRE) --
    
            
 

Ramirent Plc has on 26 March 2014 received the following notification pursuant to Chapter 9 Section 5 of the Finnish Securities Markets Act from Varma Mutual Pension Insurance Company according to which their holding of shares and votes in Ramirent Plc has decreased below 1/20.

After a transaction made on 26 March 2014 Varma Mutual Pension Insurance Company holdings declined to 4,753,799 Ramirent shares corresponding to 4.37% of the outstanding shares of Ramirent Plc.

On 28 February 2014 Varma Mutual Pension Insurance Company held 6,753,799 Ramirent shares representing 6.21% of the total shares and votes.

Ramirent Plc has a total of 108,679,328 shares and votes. The company has only one class of shares and each share entitles to one vote.

Vantaa, 26 March 2014

RAMIRENT PLC

 

Magnus Rosén
President and CEO


FURTHER INFORMATION:
Franciska Janzon, SVP, Marketing, Communications & IR,
tel. +358 20 750 2859, franciska.janzon@ramirent.com


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Ramirent is More Than Machines. We are a leading rental equipment group combining the best equipment, services and know-how into rental solutions that simplify customer business. We serve a broad range of customers, including construction and process industries, services, the public sector and households. In 2013, the Group’s net sales totalled EUR 647 million. The Group has 2,600 employees at 304 customer centres in 10 countries in the Nordic countries and in Central and Eastern Europe. Ramirent is listed on the NASDAQ OMX Helsinki Ltd.