Regulatory News:
BlackRock Inc. has informed Sanitec Corporation (STO:SNTC) that its indirect ownership in Sanitec Corporation has increased over the threshold of 5.0% of the company's shares and votes as a result of acquisition of shares on 14 April 2014. According to the notification, BlackRock Inc. now owns indirectly 5,112,190 shares, equal to approximately 5.11% of Sanitec Corporation's share capital and total votes.
About Sanitec
Sanitec is the market leader in bathroom ceramics and a leading supplier of bathroom fixtures in the Company's core markets with a unique portfolio of locally well-established brands. Sanitec has longstanding and stable relationships with customers, installers and other industrial partners, and develops sustainable and complete bathroom concepts including bathroom ceramics, furniture, pre-wall flushing solutions, taps and mixers, as well as baths and showers. Sanitec's brands and products represent a high level of innovation and quality, as well as advanced design that is both functional and attractive.
Sanitec operates an integrated organisation with an unparalleled local presence to provide the best value to its customers when it comes to bathroom products. In 2013 net sales amounted to EUR 702 million, and currently Sanitec employs approximately 6,200 people working in 18 European based production plants and at the Company's sales, product management and design and other support offices. Sanitec's head office is located in Helsinki, Finland.
The shares in Sanitec Corporation are admitted on trading on NASDAQ OMX Stockholm under the symbol "SNTC".
For more information about Sanitec and its products, please visit www.sanitec.com.
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Contacts:
Sanitec Corporation
Niklas Alm
Head of Investor Relations
ir@sanitec.com
mob. 46 76 855 7836
or
Noora Koikkalainen
Head of Corporate Communications
sanitec.corporation@sanitec.com
tel. 358 10 662 5426