14:00 London, 16:00 Helsinki, 30 December 2011 - Ruukki Group Plc, Stock Exchange Release
RUUKKI GROUP'S BOARD OF DIRECTORS DECIDED ON A DIRECTED FREE SHARE ISSUE
The Board of Ruukki Group Plc ("Ruukki" or the "Company") (LSE: RKKI, OMX: RUG1V) announces that it has awarded 400,000 treasury shares to Dr Alistair Ruiters, Executive Chairman of Ruukki South Africa. The shares are issued under the authorization given by the Company's Annual General Meeting in May 2011 and form a part of the Company's incentive programme for senior management.
Under the terms of the directed free share issue scheme, the shares are offered free of charge and in derogation of the pre-emptive subscription right of shareholders. The shares are issued in accordance with a lock-up agreement that includes transfer restrictions until 31 December 2012. After the lock-up period the shares shall be freely tradable.
RUUKKI GROUP PLC
Thomas Hoyer
CEO
For additional information, please contact:
Ruukki Group Plc
Thomas Hoyer, CEO, +358 (0)10 440 7000, thomas.hoyer@ruukkigroup.com
Markus Kivimäki, General Manager: Corporate Affairs, +358 (0)50 3495 687, markus.kivimaki@ruukkigroup.com
Investec Bank Plc
Stephen Cooper, +44 (0)20 7597 5104, stephen.cooper@investec.co.uk
RBC Capital Markets
Martin Eales, +44 (0)20 7653 4000, martin.eales@rbccm.com
Peter Barrett-Lennard, +44 (0)20 7653 4000, peter.barrett-lennard@rbccm.com
Ruukki Group is a chrome mining and minerals producer focused on delivering sustainable growth with a speciality alloys business in southern Europe and a ferro alloys business in southern Africa. The Company is listed on NASDAQ OMX Helsinki (RUG1V) and the Main Market of the London Stock Exchange (RKKI).
www.ruukkigroup.com
Distribution:
NASDAQ OMX Helsinki
London Stock Exchange
main media
www.ruukkigroup.com