Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 2.54 0.14%
NASDAQ 4,095.52 9.29 0.23%
Ticker Volume Price Price Delta
STOXX 50 3,155.81 16.55 0.53%
FTSE 100 6,625.25 41.08 0.62%
DAX 9,409.71 91.89 0.99%
Ticker Volume Price Price Delta
NIKKEI 14,516.27 98.74 0.68%
TOPIX 1,173.37 6.78 0.58%
HANG SENG 22,760.24 64.23 0.28%

Talvivaaran Kaivososakeyhtiö Oyj : Talvivaara: Flagging notification in accordance with Chapter 9 Section 5 of the Finnish



   Talvivaaran Kaivososakeyhtiö Oyj : Talvivaara: Flagging notification in
   accordance with Chapter 9 Section 5 of the Finnish Securities Market Act

Stock Exchange Release
Talvivaara Mining Company Plc.
14 February 2013

 Flagging notification in accordance with Chapter 9 Section 5 of the Finnish
                            Securities Market Act

Talvivaara Mining Company Plc ("Talvivaara") has on 14 February 2013  received 
the attached 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 has in connection  with the share issue of  Talvivaara 
announced on 14 February 2013 committed to subscribe in full for new shares on
the basis of the subscription rights allocated to it. In addition, Solidium Oy
has agreed to  subscribe for  shares in the  secondary subscription  up to  an 
aggregate subscription price of EUR 30 million. Solidium Oy's maximum  holding 
following the share issue will be  determined in accordance with the terms  of 
the rights issue. The maximum holding of the shares is based on the  estimates 
given by the underwriting banks.

If the above mentioned arrangements are completed, the holdings of Solidium Oy
will increase to a maximum of 18.1 % of shares and voting rights (above 10 % &
15 %).

Attachment:

 1. Name of the target company

Talvivaara Mining Company Plc

 2. Basis for the flagging obligation

An arrangement which may result in the acquisition or disposal of shares or
voting rights

 3. Date transaction

14 February 2013

 4. Number of the shares and voting rights preceding the triggering
    transaction

24,210,053 shares and voting rights

Amount of the shares and voting rightsthat may be acquired if the arrangement
is completed:
Maximum 18.1 %

 5. Name of shareholder and business identification code

Solidium Oy, Business ID 2245475-9

Enquiries

Talvivaara Mining Company Plc. Tel: +358 20 7129 800
Saila Miettinen-Lähde, Deputy CEO and Chief Financial Officer
Pekka Erkinheimo, Chief Commercial Officer

Talvivaara Mining Company Plc
Talvivaara Mining Company is an internationally significant base metals
producer with its primary focus on nickel and zinc using a technology known as
bioheapleaching to extract metals out of ore. Bioheapleaching makes extraction
of metals from low grade ore economically viable. The Talvivaara deposits
comprise one of the largest known sulphide nickel resources in Europe. The ore
body is estimated to support anticipated production for several decades.
Talvivaara has secured a 10-year off-take agreement for 100 per cent of its
main output of nickel and cobalt to Norilsk Nickel and entered into a
long-term zinc streaming agreement with Nyrstar NV. Talvivaara is listed on
the London Stock Exchange Main Market and NASDAQ OMX Helsinki. Further
information can be found at www.talvivaara.com.

Talvivaara - Holdings in Company 14.2.2013

------------------------------------------------------------------------------

This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
the
information contained therein.

Source: Talvivaaran Kaivososakeyhtiö Oyj via Thomson Reuters ONE
HUG#1678365
Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement