Ruukki Group : RUUKKI GROUP ANNOUNCES THE SETTLEMENT OF THE RUUKKI NAME DISPUTE 12:10 London, 14:10 Helsinki, 30 April 2013 - Ruukki Group Plc ("Ruukki" or "the Company") (LSE: RKKI, OMX: RUG1V), Stock Exchange Release RUUKKI GROUP ANNOUNCES THE SETTLEMENT OF THE RUUKKI NAME DISPUTE Ruukki Group Plc ("Ruukki" or the "Company") is pleased to announce that it has entered into a settlement agreement with Rautaruukki Oyj ("Rautaruukki") in relation to the dispute regarding the Company's and Rautaruukki's right to use and register trademarks and company names containing the word 'ruukki' or derivatives or figurative representations in their respective business activities. Consequently, the Company will change its name. According to the settlement agreement, the Company and its subsidiaries are required to change their names to ones that do not contain the word Ruukki within six months (the "Transition Period"). Rautaruukki will compensate the Company in relation to the name change and both the Company and Rautaruukki will bear all of their own legal and other costs incurred in connection with the dispute. After the Transition Period, Rautaruukki and the Company will withdraw all claims and other actions that they have filed anywhere in the world against each other and the Company will assign Rautaruukki all rights and trademarks in relation to the 'Ruukki' name. Ruukki will publish more information in relation to the name change in due course. RUUKKI GROUP PLC Danko Koncar CEO For additional information, please contact: Ruukki Group Plc Danko Koncar, CEO, +44 (0)20 7376 1175, firstname.lastname@example.org Investec Bank Plc Neil Elliot, +44 (0)20 7597 5970, email@example.com George Price, +44 (0)20 7597 5970, firstname.lastname@example.org Ruukki Group is a chrome mining and minerals producer focused on delivering sustainable growth with a speciality alloys business in southern Europe and a ferro alloys business in southern Africa. The Company is listed on NASDAQ OMX Helsinki (RUG1V) and the Main Market of the London Stock Exchange (RKKI). www.ruukkigroup.com Distribution: NASDAQ OMX Helsinki London Stock Exchange main media www.ruukkigroup.com ------------------------------------------------------------------------------ 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: Ruukki Group via Thomson Reuters ONE HUG#1697832
Ruukki Group : RUUKKI GROUP ANNOUNCES THE SETTLEMENT OF THE RUUKKI NAME DISPUTE
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