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Announcement pursuant to chapter 2 section 10 of the Securities Markets Act; Tapiola’s holding in Lassila & Tikanoja plc falls below 5%

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Helsinki, Finland, 2012-03-08 16:30 CET (GLOBE NEWSWIRE) -- Lassila & Tikanoja plc  Stock exchange release  8 March 2012 5.30 pm

Lassila & Tikanoja plc has received today an announcement pursuant to section 9, chapter 2, of the Securities Markets Act from Tapiola Mutual Pension Insurance Company, announcing that its current holding of the shares and votes in Lassila & Tikanoja plc has fallen below the threshold of 5%. 

Issuing company and its business ID: Lassila & Tikanoja plc, 1680140-0

Complete name and business ID of the shareholder: Tapiola Mutual Pension Insurance Company, 0201103-7

Basis of announcement: Transfer of shares

Date of transaction and falling below the threshold: 8 March 2012

Below threshold: 1/20 (5%) of shares and votes

Holding of Tapiola Mutual Pension Insurance Company

Before change in holding:
Number of Lassila & Tikanoja plc shares 1,974,240
Percentage of shares and votes 5.1%

Current holding:
Number of Lassila & Tikanoja plc shares 1,517,873
Percentage of shares and votes 3.9%

The registered number of the Lassila & Tikanoja plc shares is 38,798,874 shares, which entitle to a total of 38,798,874 votes.


Ville Rantala

For additional information please contact Keijo Keränen, Head of Treasury and IR, tel. +358 50 385 6957.

Lassila & Tikanoja specialises in environmental management and property and plant support services and is a significant supplier of wood-based biofuels, recovered fuels and recycled raw materials. With operations in Finland, Sweden, Latvia and Russia, L&T employs 9,500 persons. Net sales in 2011 amounted to EUR 652 million. L&T is listed on NASDAQ OMX Helsinki.

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