Change in the holding of YIT's own shares


Helsinki, Finland, 2014-07-01 08:00 CEST (GLOBE NEWSWIRE) -- YIT CORPORATION            STOCK EXCHANGE RELEASE       JULY 1, 2014 9:00 A.M.

 

Change in the holding of YIT's own shares

YIT Corporation has received a return of 1,852 shares free of consideration according to the terms and conditions of YIT's share-based incentive scheme. Originally the shares were conveyed to YIT's key persons in connection with the reward payment from the 2011 and 2012 earning periods under the share-based incentive scheme for 2010-2016.

 

After the return of the shares YIT held a total of 1,637,346 of its own shares as of June 30, 2014.

 

For further information, please contact:

 

Sanna Kaje, Vice President, Investor Relations, YIT Corporation, +358 50 390 6750, sanna.kaje@yit.fi

 

YIT CORPORATION

Sanna Kaje

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 2012, our revenue amounted to approximately EUR 2 billion. Our share is listed on Nasdaq OMX Helsinki. www.yitgroup.com.