17:10 London, 19:10 Helsinki, 6 October 2010 - Ruukki Group Plc, Stock Exchange
Release
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY OR CONNECTED PERSONS
Ruukki Group Plc (“Ruukki” or the “Company”) (LSE: RKKI, OMX: RUG1V) announces
that, following a notification received on 5 October 2010, Markku Kankaala,
Non-executive Director, has sold 250,000 ordinary shares ("shares") in the
Company to Atkey Ltd at a price of Euro 1.80 per share on 5 October 2010. The
trade was done manually between the parties on the NASDAQ OMX Helsinki Exchange.
In addition, Markku Kankaala has sold 5,000 shares at an average price of Euro
1.81 per share on 4 October 2010. The trades were made on the NASDAQ OMX
Helsinki Exchange in accordance with a trading plan entered into on 24 May 2010.
Ruukki's Board of Directors approved the termination of the trading plan on 5
October 2010 as a result of the sale of shares to Atkey Ltd. The announced
trades in this release are therefore the last that will take place within this
trading plan.
Markku Kankaala now holds voting rights attached to 8,077,533 shares,
representing 3.37% of the issued share capital of the Company excluding treasury
shares.
The trading plan is a written trading programme which sets out the strategy for
the acquisition and/or disposal of securities to enable insiders of the Company
to trade shares without doubts related to the use of insider information. The
plan specifies the amount, the price and the date on which the securities are to
be dealt in by an independent third party on behalf of the Company insider. The
purpose of the trading plan is to separate the timing of the decision on the
share trade and the execution of the trade.
RUUKKI GROUP PLC
Alwyn Smit
CEO
Ruukki Group is an industrial group focusing on minerals and wood processing
businesses. Ruukki Group Plc's shares are listed on NASDAQ OMX Helsinki and the
London Stock Exchange.
For additional information please contact:
Ruukki Group Plc
Alwyn Smit, CEO: +44 20 7368 6763
www.ruukkigroup.fi
Investec Bank plc
Stephen Cooper: +44 20 7597 5104
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
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