YIT CORPORATION 30 OCT, 2008 at 13:15
COMPANY RELEASE STOCK EXCHANGE RELEASE
LISTING OF SHARE SUBSCRIPTIONS IN 2009 ON THE BASIS OF YIT'S SERIES M AND N
SHARE OPTIONS.
In 2009, shares can be subscribed for in the period from April 1 to November 30
on the basis of the Series M and N share options issued by YIT Corporation in
2006.
It is intended that the increases in the share capital on the basis of the
subscriptions will be carried out in 2009 as follows:
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| Share subscription | Entry into the Trade | New shares listed |
| deadline | Register | |
--------------------------------------------------------------------------------
| April 17, 2009 | April 30, 2009 | May 4, 2009 |
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| July 17, 2009 | July 29, 2009 | July 30, 2009 |
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| September 18, 2009 | September 28, 2009 | September 29, 2009 |
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| November 30, 2009 | December 7, 2009 | December 8, 2009 |
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Shares subscribed for on the basis of the share options entitle their holders to
a dividend as from the date of subscription. Other rights will vest when the
share capital increase has been entered in the Trade Register.
Subscriptions will be accepted at Nordea Bank Finland plc.
SUMMARY OF THE TERMS AND CONDITIONS OF THE SHARE OPTION PROGRAM
YIT Corporation's Annual General Meeting held in the spring of 2006 granted a
maximum total of 300,000 K, 900,000 L, 900,000 M and 900,000 N share options for
subscription without consideration. Each Series K, L, M and N share option
entitles its holder to subscribe for one YIT Corporation share (YTY1V). The
shares can be subscribed for annually during the period from April 1 - November
30. The subscription period with the Series K and L share options ends in 2008.
With Series M share options shares can be subscribed in 2008-2009 and with
Series N share options in 2009-2010.
The subscription price of a share subscribed for with the Series M share options
is EUR 19.73 per share. The subscription prices of shares subscribed for with
the N share options will be confirmed before the subscription period begins.
The terms and conditions of the share option programmes as a whole are presented
on the company's internet site www.yitgroup.com.
For additional information, contact:
Marja Salo, Director of Administration, YIT Corporation, tel. +358 20 433 2470,
marja.salo@yit.fi
Jaakko Mäkynen, Vice President, Finance, YIT Corporation,
tel. +358 20 433 2307, jaakko.makynen@yit.fi
YIT CORPORATION
Juha Kostiainen
Senior Vice President, Corporate Communications and Business Development
Distribution: NASDAQ OMX, principal media, www.yitgroup.com
YIT is a successful European service company in building systems, construction
services and services for industry. We build, develop and maintain quality
living environments in Nordic countries, Russia, Baltic countries and Central
Europe. In 2007, YIT's revenue amounted to EUR 3.7 billion. The Group employs
nearly 27,000 people. YIT's share is listed on OMX NASDAQ Helsinki Ltd.
www.yitgroup.com
LISTING OF SHARE SUBSCRIPTIONS IN 2009 ON THE BASIS OF YIT'S SERIES M AND N SHARE OPTIONS
| Source: YIT