Tapiola Insurance Group's holding in Lassila & Tikanoja plc 6.06%

Tapiola Insurance Group's holding in Lassila & Tikanoja plc 6.06% 

 
 

LASSILA & TIKANOJA PLC   STOCK EXCHANGE ANNOUNCEMENT   10 DECEMBER 2004


TAPIOLA INSURANCE GROUP’S HOLDING IN LASSILA & TIKANOJA PLC 6.06%

In accordance with section 9, chapter 2, of the Securities Markets Act, Tapiola Group has reported to Lassila & Tikanoja that the holding of Tapiola Group has grown to exceed 5 percent in the share capital and number of shares and votes of Lassila & Tikanoja plc on 10 December 2004.

When applying the regulations concerning the obligation to disclose holdings, Tapiola General Mutual Insurance Company, Tapiola Mutual Life Assurance Company, Tapiola Corporate Life Insurance Company and the mutual funds administered by Tapiola Rahastoyhtiö form an entity. The shares of holdings of these companies and the mutual funds are combined.

The new shares subscribed for by Tapiola Group companies in the rights offering of Lassila & Tikanoja plc (23 November – 15 December 2004) increase the holding of Tapiola Group to exceed 5 per cent. The numbers of the so called old and new shares are given separately. The share of the holding of the total number of votes and share capital has been calculated in proportion to the present registered share capital. The share of the holding will change when the increase in the share capital has been registered with the Trade Register on or around 21 December 2004.

1. The issuing company: Lassila & Tikanoja plc

2. Date on which the change in holding took place: 10 December 2004

3. Share of votes and share capital of the issuing company: 6.06%

4. Shareholders and distribution of holding




Shareholder




Business ID



Number of old shares


Number of  new shares

Percentage of share capital and votes

Tapiola General Mutual Insurance Company


0211034-2


812,480


162,496


3.07

Tapiola Mutual Life Assurance Company


0201319-8


428,400


149,560


1.82

Tapiola Corporate Life Insurance Company


0725671-1


214,800


27,960


0.76

Tapiola Hyvinvointi Mutual Fund

 


78,900


10,560


0.28

Tapiola Tulevaisuus Mutual Fund

 


35,000


7,000


0.13


LASSILA & TIKANOJA PLC

Sirkka Tuomola
Vice President and CFO