Flagging notification in accordance with Chapter 9 Section 10 of the Finnish Securities Market Act
Stock Exchange Release
Talvivaara Mining Company Plc
4 January 2017
Flagging notification in accordance with Chapter 9 Section 10 of the Finnish Securities Market Act
Talvivaara Mining Company Plc ("Talvivaara") has today on 4 January 2017 received the below flagging notification in accordance with Chapter 9 Section 5 of the Finnish Securities Market Act from Solidium Oy regarding the shares of Talvivaara. Solidium Oy`s holdings in Talvivaara has decreased (below 15% and below 10%) following the directed share issue in accordance with the draft restructuring programme of Talvivaara, the final results of which were published on 4 January 2017.
Attachment:
1. Name of the target company:
2. Basis for the flagging obligation:
An event changing the breakdown of shares or voting rights
3. Date on which the threshold was crossed:
4 January 2017
4. Number of the shares and voting rights on the date on which threshold was crossed:
318,329,000 shares and voting rights
% of the shares and voting rights on the date on which threshold was crossed:
7.60% of shares and voting rights
Position of previous notification:
16.70% of shares and voting rights
The total number of the shares and votes of Talvivaara used in the flagging notification:
4,189,807,162 shares and voting rights
5. Name of shareholder and business identification code:
Solidium Oy, Business ID 2245475-9
Enquiries
Talvivaara Mining Company Plc Tel +358 20 7129 800
Pekka Perä, CEO
Pekka Erkinheimo, Deputy CEO
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Talvivaaran Kaivososakeyhtiö Oyj via Globenewswire