Talvivaara: Share Subscriptions by Pekka Perä, the CEO of Talvivaara
04.04.2013 | Globenewswire Europe
![Talvivaara: Share Subscriptions by Pekka Perä, the CEO of Talvivaara](https://www.goldseiten.de/media/goldseiten-news.jpg)
Talvivaara Mining Company Plc
4 April 2013
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO
THE UNITED STATES, CANADA, AUSTRALIA, HONG KONG, SOUTH AFRICA OR JAPAN OR ANY
OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.
Talvivaara Mining Company Plc
Share Subscriptions by Pekka Perä, the CEO of Talvivaara
As disclosed in the shareholders' circular dated 14 February 2013 and the
prospectus dated 12 March 2013 prepared in connection with the rights issue
announced by Talvivaara on 8 March 2013, Pekka Perä, the CEO of Talvivaara
Mining Company Plc, agreed to subscribe for 31,250,000 new shares (corresponding
to a total subscription price of EUR 5 million) and such number of additional
new shares at an aggregate subscription price that is equal to 76 per cent of
any net proceeds received by him from the sale of (a) any subscription rights
and (b) any shares prior to the end of the subscription period.
Mr. Perä has informed Talvivaara that he has today subscribed for a total of
70 230 960 new shares in the rights issue at the subscription price of EUR 0.16
per share, representing the total subscription commitment of EUR 5 million plus
the net proceeds raised by Mr. Perä through the sale of 1,892,225 shares and the
net amount of 44,560,000 subscription rights sold by Mr. Perä during the trading
period in the subscription rights. Following these subscriptions, Mr. Perä owns
an aggregate of 124 603 895 shares in Talvivaara.
Enquiries
Talvivaara Mining Company Plc Tel +358 20 7129 800
Pekka Perä, Chief Executive Officer
Saila Miettinen-Lähde, Deputy CEO and CFO
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.
DISCLAIMER
The information contained herein shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of the securities
referred to herein in any jurisdiction in which such offer, solicitation or sale
would be unlawful prior to registration, exemption from registration or
qualification under the securities laws of any such jurisdiction. Investors must
neither accept any offer for, nor acquire, any securities to which this
announcement refers, unless they do so on the basis of the information contained
in the applicable Prospectus published or distributed by Talvivaara.
The information contained herein is not for publication or distribution,
directly or indirectly, in or into the United States, Canada, Australia, Hong
Kong, South Africa or Japan. These written materials do not constitute an offer
of securities for sale in the United States, nor may the securities be offered
or sold in the United States absent registration or an exemption from
registration as provided in the U.S. Securities Act of 1933, as amended, and the
rules and regulations thereunder. There is no intention to register any portion
of the offering in the United States or to conduct a public offering of
securities in the United States.
Share Subscriptions by Pekka Perä, the CEO of Talvivaara 4.4.2013:
http://hugin.info/136227/R/1690267/554896.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Talvivaaran Kaivososakeyhtiö Oyj via Thomson Reuters ONE
[HUG#1690267]
Unternehmen: Talvivaaran Kaivososakeyhtiö Oyj - ISIN: FI0009014716