Talvivaaran Kaivososakeyhtiö Oyj : Talvivaara Mining Company Plc: Flagging notification in accordance with Chapter 9 Section 5 of the Finnish Securities Market Act Stock Exchange Release Talvivaara Mining Company Plc. 16 April 2013 Flagging notification in accordance with Chapter 9 Section 5 of the Finnish Securities Market Act Talvivaara Mining Company Plc. ("Talvivaara" or "Company") has today on 16 April 2013 received the attached flagging notification in accordance with Chapter 9 Section 5 of the Finnish Securities Market Act regarding the shares of Talvivaara from the CEO of the Company, Mr. Pekka Perä. The direct holding of Mr. Pekka Perä has decreased from 19.97% to 6.54% and the indirect holding from 0.42% to 0.13% and accordingly, the direct and indirect holdings in aggregate from 20.39% to 6.67% of shares and voting rights of the Company (below 10% and below 15 %). The indirect holding also includes the shares held by Talvivaara's management holding company, Talvivaara Management Oy (previously 1,104,000 shares and votes, currently 2,268,000 shares and votes), in which Pekka Perä exercises control with other insiders who have a duty to declare holdings. Attachment: 1.Name of the target company Talvivaara Mining Company Plc 2.Basis for the flagging obligation Rights offering 3.Date of the change 16 April 2013 4.Holdings of the target company's voting rights and share capital Current holding of Mr. Pekka Perä in Talvivaara is as follows: Shares and voting rights attached to them Number of shares % of shares Number of voting rights % of voting rights Direct 124,603,895 6.54% 124,603,895 6.54% Indirect 2,563,932 0.13% 2,563,932 0.13% Total 127,167,827 6.67% 127,167,827 6.67% 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 16.4.2013 Pekka Perä ------------------------------------------------------------------------------ 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#1693336
Talvivaaran Kaivososakeyhtiö Oyj : Talvivaara Mining Company Plc: Flagging notification in accordance with Chapter 9 Section 5
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