Afarak Group Regulatory News (AFRK)

31 Mar 2011 07:00

Ruukki Group Oyj / Holding(s) in Company* 31.03.2011 08:00 Dissemination of a UK Regulatory Announcement, transmitted byDGAP - a company of EquityStory AG.The issuer is solely responsible for the content of this announcement.--------------------------------------------------------------------------- 07:00 London, 09:00 Helsinki, 31 March 2011 - Ruukki Group Plc, Stock ExchangeRelease HOLDINGS IN COMPANY (FLAGGING NOTIFICATION IN ACCORDANCE WITH CHAPTER 2,SECTION 10 OF THE FINNISH SECURITIES MARKET ACT) Ruukki Group Plc ('Ruukki') (LSE: RKKI, OMX: RUG1V) has on 30 March 2011received a flagging notification in accordance with Chapter 2, Section 9 of theFinnish Securities Market Act from Hanwa Co. Ltd ('Hanwa'), a companyincorporated and existing under the laws of Japan with its principal office at6-18-2 Ginza. Chuo-Ku. Tokyo 104-8249 Japan, regarding the shares of Ruukki. According to the notification, Hanwa has signed a share transfer agreement withFinaline Business Limited concerning a sale and transfer of 27,000,000 sharesin Ruukki Group Plc. After the completion, the transaction will result in Hanwafalling below 5 per cent and becoming a 1.21 per cent holder of the shares andvoting rights in Ruukki. Pursuant to the share transfer agreement, thetransaction shall be completed on 28 December 2011 at the latest but all orpart of the transaction shares may be transferred prior to that date. 1. Name of the target companyRuukki Group Plc. 2. Basis for the flagging obligationHanwa has signed a share transfer agreement with Finaline Business Limitedconcerning a sale and transfer of 27,000,000 shares in Ruukki Group Plc. Afterthe completion, the transaction will result in Hanwa falling below 5 per cent. 3. Date when the holdings will changeAt the latest 28 December 2011. 4. Once the transaction is completed, the holding of Hanwa Co. Ltd in Ruukkiwill be the following: Shares and voting rights attached to them Number of shares % of shares Number of voting rights % of voting rights 3,000,000 1.209 3,000,000 1.209 5. Name and address of the shareholderHanwa Co. Limited6-18-2 Ginza. Ghuo-Ku. Tokyo 104-8429 Japan. RUUKKI GROUP PLCMarkus KivimaekiHead of Corporate Affairs For additional information, please contact: Ruukki Group PlcMarkus Kivimaeki, Head of Corporate Affairs, +358 50 3495 687,markus.kivimaki@ruukkigroup.fi Thomas Hoyer, CFO, +358 45 6700 491, thomas.hoyer@ruukkigroup.fi Investec Bank PlcStephen Cooper, +44 (0)20 7597 5104, stephen.cooper@investec.co.uk RBC Capital MarketsMartin Eales, +44 (0)20 7653 4000, martin.eales@rbccm.comPeter Barrett-Lennard, +44 (0)20 7653 4000, peter.barrett-lennard@rbccm.com Ruukki Group is a natural resources company with a mining and minerals businessin southern Europe and southern Africa. The Company is listed on NASDAQ OMXHelsinki (RUG1V) and the Main Market of the London Stock Exchange (RKKI). www.ruukkigroup.fiNews Source: NASDAQ OMX 31.03.2011 DGAP's Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: EnglishCompany: Ruukki Group Oyj FinlandPhone: Fax: E-mail: Internet: ISIN: FI0009800098Category Code: HOLLSE Ticker: RKKISequence Number: 760Time of Receipt: March 31, 2011 08:00:02 End of Announcement DGAP News-Service ---------------------------------------------------------------------------

UK-Regulatory-announcement transmitted by DGAP - a company of EquityStory AG.The issuer is solely responsible for the content of this announcement.