Talvivaara Flagging notification in accordance with Chapter 9 Section 5 of the Finnish Securities Market Act
25.03.2013 | Globenewswire Europe
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Talvivaara Mining Company Plc.
25 March 2013
Flagging notification in accordance with Chapter 9 Section 5 of the Finnish
Securities Market Act
Talvivaara Mining Company Plc. ("Talvivaara" or "Company") has today on 25 March
2013 received the attached flagging notification in accordance with Chapter 9
Section 5 of the Finnish Securities Market Act regarding the shares of
Talvivaara from the CEO of the Company, Mr. Pekka Perä. Through share
transactions concluded on 20 March and 22 March 2013, the personal holding of
Mr. Pekka Perä has decreased from 56,265,160 shares (20.66%) to 54,372,935
shares, representing in aggregate 19.97 % of shares and voting rights of the
Company (below 20 %).
Attachment:
1. Name of the target company
Talvivaara Mining Company Plc
2. Basis for the flagging obligation
Share transactions
3. Date of transaction
20 March and 22 March 2013
4. Holdings of the target company's voting rights and share capital
Current personal holding of Mr. Pekka Perä in Talvivaara is as follows:
Shares and voting rights attached to them
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Number of shares % of shares Number of voting rights % of voting rights
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54,372,935 19.97% 54,372,935 19.97%
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Enquiries
Talvivaara Mining Company Plc. Tel: +358 20 7129 800
Saila Miettinen-Lähde, Deputy CEO and Chief Financial Officer
Pekka Erkinheimo, Chief Commercial Officer
Talvivaara Mining Company Plc
Talvivaara Mining Company is an internationally significant base metals producer
with its primary focus on nickel and zinc using a technology known as
bioheapleaching to extract metals out of ore. Bioheapleaching makes extraction
of metals from low grade ore economically viable. The Talvivaara deposits
comprise one of the largest known sulphide nickel resources in Europe. The ore
body is estimated to support anticipated production for several decades.
Talvivaara has secured a 10-year off-take agreement for 100 per cent of its main
output of nickel and cobalt to Norilsk Nickel and entered into a long-term zinc
streaming agreement with Nyrstar NV. Talvivaara is listed on the London Stock
Exchange Main Market and NASDAQ OMX Helsinki. Further information can be found
at www.talvivaara.com.
Flagging notification in accordance with Ch. 9 Sec. 5:
http://hugin.info/136227/R/1687867/553594.pdf
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originality of the information contained therein.
Source: Talvivaaran Kaivososakeyhtiö Oyj via Thomson Reuters ONE
[HUG#1687867]
Unternehmen: Talvivaaran Kaivososakeyhtiö Oyj - ISIN: FI0009014716