Helsinki, Finland, 2015-03-19 15:00 CET (GLOBE NEWSWIRE) -- YIT CORPORATION STOCK EXCHANGE RELEASE MARCH 19, 2015 AT 4:00 P.M.
Notification according to Chapter 9, Section 5 of the Securities Markets Act of change in holdings in YIT Corporation shares
YIT Corporation has on March 19, 2015 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which the holding of the mutual funds managed by BlackRock, Inc. in YIT has gone below the threshold of 5 per cent.
YIT announced on March 12, 2015 that the holding of the mutual funds managed by BlackRock, Inc. in YIT had exceeded the threshold of 5.00 per cent (6,361,179 shares) of YIT's shares and voting rights.
For further information, please contact:
Sanna Kaje, Vice President, Investor Relations, YIT Corporation, tel. +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 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 taking care of our customers, partners and personnel. We have nearly 6,000 employees in seven countries. In 2014, our revenue amounted to around EUR 1.8 billion. Our share is listed on NASDAQ OMX Helsinki. www.yitgroup.com