Tallinn, Estonia, 2012-08-07 09:24 CEST (GLOBE NEWSWIRE) -- As per Securities Market Act KJK Capital Oy has informed Nordecon AS that the voting rights of KJK Fund SICAV-SIF have increased above 5%. After the share acquisition on 6 August 2012 the fund owns 1,615,423 (i.e. 5.25%) of shares entitled to vote.
Nordecon is a group of construction companies whose core business is construction project management and general contracting in the buildings and infrastructures segment. Geographically the Group operates in Estonia, Ukraine and Finland. The parent of the Group is Nordecon AS, a company registered and located in Tallinn, Estonia. In addition to the parent company, there are more than 10 subsidiaries in the Group. The consolidated revenue of the Group in 2011 was 147.8 million euros. Currently Nordecon Group employs more than 700 people. Since 18 May 2006 the company's shares have been quoted in the main list of the NASDAQ OMX Tallinn Stock Exchange.
Raimo Talviste
Nordecon AS
Head of Finance and Investor Relations
Tel: +372 615 4445
Email: raimo.talviste@nordecon.com
www.nordecon.com