Talvivaaran Kaivososakeyhtiö Oyj : Talvivaara: Correction to flagging
notification in accordance with Chap. 9 Sec. 5 of the Finnish Securities
Stock Exchange Release
Talvivaara Mining Company Plc.
27 March 2013
Correction to the stock exchange release concerning flagging notification in
accordance with Chapter 9 Section 5 of the Finnish Securities Market Act
Talvivaara Mining Company Plc ("Talvivaara" or the "Company") amends the 25
March 2013 stock exchange release concerning the flagging notification in
accordance with Chapter 9 of Section 5 of the Finnish Securities Market Act
with information on share options and shares held indirectly by Pekka Perä.
The indirect holding has remained unchanged (1,146,276 shares, representing
0.42% of the shares and votes in the Company). The indirect holding also
includes the shares held by Talvivaara's management holding company,
Talvivaara Management Oy (1,104,000 shares and votes), in which Pekka Perä
exercises control with other insiders who have a duty to declare holdings.
Following the share transactions, the aggregate amount of the direct and
indirect holdings of Pekka Perä is 55,519,211 shares representing 20.39% of
the shares and votes in the Company. The direct holdings of Pekka Perä amount
to 54,372,935 shares and votes in the Company (19.97%). In addition, Pekka
Perä continues to hold 24,000 option rights 2007B. The aggregate amount of the
holdings, including the direct and indirect holdings and the options referred
to above, is 55,543,211 shares and votes, representing 20.40% of the shares
and votes of the Company.
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.
Correction to release concerning flagging notification 27.3.13
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Source: Talvivaaran Kaivososakeyhtiö Oyj via Thomson Reuters ONE
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