Listing prospectus for YIT’s EUR 120 million green senior secured notes is available and YIT uses its option to extend maturities of its bank facilities with one year
- Stock Exchange Release
- 30.10.2003 07:11 CET
YIT APPLIES FOR THE REDUCTION OF ITS ROU
STOCK EXCHANGE RELEASE OCT. 30, 2003 8:10 1 (1)
YIT APPLIES FOR THE REDUCTION OF ITS ROUND LOT FROM 200 TO 50
YIT Corporations Board of Directors resolved to apply to Helsinki Exchanges for the reduction of the companys round lot from its current number of 200 to 50 shares. Compared with the average value of round lots of companies listed on Helsinki Exchanges, YITs round lot is currently expensive. Calculated according to the closing rate on October 27, 2003, the value of YITs round lot was EUR 5,180.
YIT seeks to stimulate the interest of private persons and Finnish small investors in the companys share, thereby increasing the companys profile and the number of small shareholders. The reduction of the round lot will make it easier to invest in YIT shares. As the number of small shareholders increases, the companys shareholder structure will become more diversified and the liquidity of the share will improve.
YIT CORPORATION
Veikko Myllyperkiö Vice President, Corporate Communications
For additional information, contact: Executive Vice President Esko Mäkelä, tel. +358 20 433 2258, esko.makela@yit.fi Petra Thorén, Manager, Investor Relations, tel. +358 20 433 2635, petra.thoren@yit.fi
Distribution: Helsinki Exchanges, principal media, www.yit.fi