Talvivaara Mining Company Plc: Flagging notification in accordance with Chapter 9 Section 5 of the Finnish Securities Market Act
02.08.2013 | Globenewswire Europe
Stock Exchange Release
Talvivaara Mining Company Plc
2 August 2013
Flagging notification in accordance with Chapter 9 Section 5 of the Finnish
Securities Market Act
Talvivaara Mining Company Plc. ("Talvivaara" or the "Company") has today on 2
August 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 Varma Mutual Pension Insurance Company ("Varma"). Through share
transactions concluded on 1 August 2013, the holding of Varma has decreased from
97,836,689 shares (5.133 %) to 93,836,689 shares, representing in aggregate
4.923 % of the shares and voting rights of the Company (below 5 %).
Attachment:
1. Name of the target company
Talvivaara Mining Company Plc
2. Basis for the flagging obligation
Share transaction
3. Date of transaction
1 August 2013
4. Holdings of the target company's voting rights and share capital
Current holding of Varma in Talvivaara is as follows:
Shares and voting rights attached to them
-----------------------------------------------------------------------
Number of shares % of shares Number of voting rights % of voting rights
-----------------------------------------------------------------------
93,836,689 4.923 % 93,836,689 4.923 %
-----------------------------------------------------------------------
5. Name of shareholder and business identification code
Varma Mutual Pension Insurance Company, Business ID 0533297-9
Enquiries
Talvivaara Mining Company Plc Tel: +358 20 7129 800
Pekka Perä, CEO
Saila Miettinen-Lähde, Deputy CEO and Chief Financial 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.
Talvivaara - Holdings in Company 2.8.2013:
http://hugin.info/136227/R/1720802/572986.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#1720802]
Talvivaara Mining Company Plc
2 August 2013
Flagging notification in accordance with Chapter 9 Section 5 of the Finnish
Securities Market Act
Talvivaara Mining Company Plc. ("Talvivaara" or the "Company") has today on 2
August 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 Varma Mutual Pension Insurance Company ("Varma"). Through share
transactions concluded on 1 August 2013, the holding of Varma has decreased from
97,836,689 shares (5.133 %) to 93,836,689 shares, representing in aggregate
4.923 % of the shares and voting rights of the Company (below 5 %).
Attachment:
1. Name of the target company
Talvivaara Mining Company Plc
2. Basis for the flagging obligation
Share transaction
3. Date of transaction
1 August 2013
4. Holdings of the target company's voting rights and share capital
Current holding of Varma in Talvivaara is as follows:
Shares and voting rights attached to them
-----------------------------------------------------------------------
Number of shares % of shares Number of voting rights % of voting rights
-----------------------------------------------------------------------
93,836,689 4.923 % 93,836,689 4.923 %
-----------------------------------------------------------------------
5. Name of shareholder and business identification code
Varma Mutual Pension Insurance Company, Business ID 0533297-9
Enquiries
Talvivaara Mining Company Plc Tel: +358 20 7129 800
Pekka Perä, CEO
Saila Miettinen-Lähde, Deputy CEO and Chief Financial 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.
Talvivaara - Holdings in Company 2.8.2013:
http://hugin.info/136227/R/1720802/572986.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#1720802]