Notification according to Chapter 9, Section 10 of the Securities Markets Act of change in holdings in YIT Corporation shares

YIT Corporation Stock exchange release 13 May 2022 at 2:30 p.m.

Notification according to Chapter 9, Section 10 of the Securities Markets Act of change in holdings in YIT Corporation shares

YIT Corporation has on 13 May 2022 received an announcement under Chapter 9, Section 5 and 6a of the Securities Markets Act from Virala Oy Ab. According to the announcement, the total number of YIT shares owned directly or through financial instruments by Virala Oy Ab and its chain of controlled undertakings was 16.58% on 12 May 2022.

YIT has one share series, each share entitling to one vote. The total number of YIT’s shares is 211,099,853 shares.

Total positions of Virala Oy Ab subject to the notification:

% shares and voting rights 
(total of A)
% of shares and voting rights through financial instruments 
(total of B)
Total of both in % (A+B) Total number of shares and voting rights of issuer
Resulting situation on the date on which threshold was crossed or reached  15.83 0.75 16.58 211,099,853
Position of previous notification (if applicable)  12.22 3.18 15.40

Notified details of the resulting situation on the date on which the threshold was crossed:

A: Shares and voting rights:

Class/type of shares
ISIN code (if possible) 
Number of shares and voting rights   % of shares and voting rights  
Direct
(SMA 9:5) 
Indirect
(SMA 9:6 and 9:7) 
Direct
(SMA 9:5) 
Indirect
(SMA 9:6 and 9:7) 
FI0009800643 - 33,416,800 - 15.83
SUBTOTAL A 33,416,800 15.83

B: Financial instruments according to SMA 9:6a:

Type of financial instrument    Expiration date    Exercise/ Conversion Period    Physical or cash settlement    Number of shares and voting rights % of shares and voting rights
Forward contract 20 May 2022 20 May 2022 Physical 1,576,100 0.75
SUBTOTAL B 1,576,100 0.75

Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity:

Name % of shares and voting rights % of shares and voting rights through financial instruments Total of both
Virala Oy Ab - 0.75 1,576,100
Atine Group Oy - - -
Nidoco AB - - -
Tercero Invest AB 15.83 - 33,416,800

Further information:

Tommi Järvenpää, Vice President, Investor Relations, YIT Corporation, tel. +358 40 576 0288, tommi.jarvenpaa@yit.fi

YIT Corporation

Tommi Järvenpää
Vice President, Investor Relations

Distribution: Nasdaq Helsinki, major media, www.yitgroup.com

YIT is the largest Finnish and a significant North European development and construction company. For 110 years, we have been creating better living environments for our customers: functional homes for sustainable living, future-proof public and commercial buildings and infrastructure for smoother flow of people, businesses and society. We employ 5,500 professionals in nine countries: Finland, Sweden, Norway, Estonia, Latvia, Lithuania, the Czech Republic, Slovakia and Poland. Our revenue in 2021 was EUR 2.7 billion. YIT Corporation's share is listed on Nasdaq Helsinki Oy. www.yitgroup.com