Rautaruukki Corporation has received from the F...

Rautaruukki Corporation Stock exchange release 27 November 2014 at 12.30pm EET

Rautaruukki Corporation has received from the Finnish Financial Supervisory Authority an exemption from the regular duty of disclosure

The Finnish Financial Supervisory Authority has granted, upon application from Rautaruukki Corporation ("Rautaruukki"), an exemption from the duty to publish financial statements and the report of the Board of Directors for the year 2014 and the financial statements bulletin for the period 1 January to 31 December 2014. Rautaruukki's shares were delisted from NASDAQ OMX Helsinki Ltd's official list on 20 November 2014.

In its decision, the Finnish Financial Supervisory Authority has taken into account, among other things, that in the squeeze-out proceedings under Chapter 18 of the Limited Liabilities Act - Finland, the redemption price is determined based on the fair price of the share before the initiation of arbitral proceedings, and that Rautaruukki has published an interim report covering the first nine months of the accounting period that started on 1 January 2014, during which time the arbitral proceedings became pending. Since the arbitral proceedings were initiated during the said period, the Finnish Financial Supervisory Authority has deemed that the exemption concerning subsequent reporting periods does not jeopardize the position of the investors.

Rautaruukki Corporation

Olli Huuskonen
SVP, General Counsel

Rautaruukki is now part of SSAB (publ) ("SSAB"), a steel company with global reach which has its main production plants in Sweden, Finland and the United States. The company's steel business is structured around four divisions - SSAB Special Steels, SSAB Europe, SSAB Americas and the steel distribution partner Tibnor, and one division, Ruukki Construction, which focuses on the construction business. Rautaruukki's share is quoted on NASDAQ OMX Helsinki. SSAB's shares are quoted on NASDAQ OMX Nordic Stockholm and NASDAQ OMX Helsinki. www.ssab.com. www.ruukki.com

DISTRIBUTION:                 
NASDAQ OMX Helsinki
Main media
www.ruukki.com

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Rautaruukki Oyj via Globenewswire

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