17:00 London, 19:00 Helsinki, 10 May 2012 - Ruukki Group Plc, Stock Exchange Release
RUUKKI GROUP COMPLETES THE TRANSACTION RELATING TO THE SPECIALITY ALLOYS
Ruukki Group Plc ("Ruukki" or the "Company") (LSE: RKKI, OMX: RUG1V) is pleased to announce it has completed the arrangements between the Company and Kermas Limited (including acquisition of Elektrowerk-Weisweiler GmbH) as detailed in the circular published on 18 April 2012. The aggregate cash consideration of approximately EUR 25.3 million has been paid.
Ruukki has now acquired full ownership and control over its Speciality Alloys business in Europe.
RUUKKI GROUP PLC
Thomas Hoyer
CEO
For additional information, please contact:
Ruukki Group Plc
Thomas Hoyer, CEO, +358 (0)10 440 7000, thomas.hoyer@ruukkigroup.com
Markus Kivimäki, General Manager: Corporate Affairs, +358 (0)10 440 7000, markus.kivimaki@ruukkigroup.com
Investec Bank Plc
Stephen Cooper, +44 (0)20 7597 5104, stephen.cooper@investec.co.uk
RBC Capital Markets
Martin Eales, +44 (0)20 7653 4000, martin.eales@rbccm.com
Peter Barrett-Lennard, +44 (0)20 7653 4000, peter.barrett-lennard@rbccm.com
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