Market announcement

Nordecon AS

LEI code

48510000D8HSLK854I81

Size of the entity

Large group

Economic activities

Construction

Country of registered office

Estonia

General information

Categories

Other price sensitive information

Unique data record identifier

2918

Submission date and time

27.10.2010 09:30:00

Content of announcement in Estonian

Title

Olulise osaluse muutus (East Capital)

Message

Lähtudes väärtpaberituru seadusest teatas East Capital Asset Management AB
Nordecon International AS-ile, et East Capital Baltic Fund fondi osalus
Nordecon International AS-is on tõusnud üle 5%. Peale 25.10.2010 sooritatud
aktsiatehingut omab East Capital grupp kokku 5,70% Nordecon International AS-i
hääleõiguslikest aktsiatest. 


Nordecon International kontsern hõlmab ettevõtteid, mis on keskendunud hoonete
ja rajatiste ehitamise projektijuhtimisele ja peatöövõtule. Geograafiliselt
tegutsevad kontserni ettevõtted täna Eestis, Ukrainas ja Soomes. Kontserni
emaettevõte Nordecon International AS on registreeritud ja asub Tallinnas,
Eestis. Kontserni kuulub lisaks emaettevõttele üle 15 tütarettevõtte. Kontserni
2009. aasta konsolideeritud müügitulu oli 2,4 miljardit krooni (155 miljonit
eurot). Nordecon International kontsern annab hetkel tööd ligikaudu 750
inimesele. Alates 18.05.2006 on emaettevõtte aktsiad noteeritud NASDAQ OMX
Tallinna Börsi põhinimekirjas. 

1 euro = 15,6466 krooni


Raimo Talviste
Nordecon International AS
Finants- ja investorsuhete juht
Tel: +372 615 4445
Email: [email protected]  
www.nordecon.com

Content of announcement in English

Title

Change in substantial shareholding (East Capital)

Message

Pursuant to the Securities Market Act, East Capital Asset Management AB
notified Nordecon International AS that the holding of East Capital Baltic Fund
rose above the 5% threshold of the voting rights in Nordecon International AS.
After the share transaction on 25 October 2010 the East Capital group holds
5.70% of the total voting rights in Nordecon International AS. 


Nordecon International is a group of construction companies whose core business
is construction project management and general contracting in the buildings and
infrastructures segment. Geographically the Group operates in Estonia, Ukraine
and Finland. The parent of the Group is Nordecon International AS, a company
registered and located in Tallinn, Estonia. In addition to the parent company,
there are more than 15 subsidiaries in the Group. The consolidated revenue of
the Group in 2009 was 2.4 billion kroons (155 million euros). Currently
Nordecon International Group employs nearly 750 people. Since 18 May 2006, the
company's shares have been quoted in the main list of the NASDAQ OMX Tallinn
Stock Exchange. 

1 euro = 15.6466 kroons


Raimo Talviste
Nordecon International AS
Head of Finance and Investor Relations
Tel: +372 615 4445
Email: [email protected] 
www.nordecon.com