ILMARINEN DECREASED ITS HOLDING IN RAMIRENT

RAMIRENT PLC STOCK EXCHANGE RELEASE 21.11.2011

Vantaa, Finland, 2011-11-21 15:19 CET (GLOBE NEWSWIRE) —
RAMIRENT PLC               STOCK EXCHANGE RELEASE 21.11.2011

 

 

ILMARINEN DECREASED ITS HOLDING IN RAMIRENT

 

Ramirent Plc has on 21 November 2011 received the following notification pursuant to Chapter 2, section 9 of the Securities Markets Act from Ilmarinen Mutual Pension Insurance Company according to which their total holding of shares and votes in Ramirent Plc has decreased below 1/20.

After a transaction made on 21 November 2011 Ilmarinen Mutual Pension Insurance Company holdings declined from 5,463,396 to 5,413,396 Ramirent shares corresponding to 4,98% of the outstanding shares of Ramirent Plc.

At the end of October 2011, Ilmarinen Mutual Pension Insurance Company held 5,637,214 Ramirent shares or 5.19% of the outstanding shares of Ramirent Plc.

 

RAMIRENT PLC

 

Magnus Rosén
President and CEO

 

FURTHER INFORMATION:
Franciska Janzon, Director, Corporate Communications and IR,
tel. +358 20 750 2859

 

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www.ramirent.com                                                               

 

Ramirent is a leading equipment rental group delivering Dynamic Rental Solutions™ that simplify business. We serve a broad range of customers, including construction and process industries, shipyards, the public sector and households. In 2010, Group sales totalled EUR 531 million. The Group has 3,250 employees at some 412 locations in 13 countries in Northern, Central and Eastern Europe. Ramirent is listed on the NASDAQ OMX Helsinki Ltd.