07:00 London, 09:00 Helsinki, 25 October 2012 - Ruukki Group Plc, Stock Exchange Release
RUUKKI GROUP: MOGALE ALLOYS SETTLEMENT CONDITIONS FULFILLED
Ruukki Group Plc ("Ruukki" or the "Company") is pleased to announce that all the conditions (save for the share issue) in relation to the previously disclosed settlement of the Company's dispute regarding Mogale Alloys, as announced on 11 October, have been fulfilled and the arrangement is now binding between the parties.
The issue of shares is conditional upon the receipt of South African Reserve Bank approval. Ruukki will publish a separate release regarding the share issue in due course.
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
Neil Elliot, +44 (0)20 7597 5970, neil.elliot@investec.co.uk
George Price, +44 (0)20 7597 5970, george.price@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