Caverion is a public limited company organised under the laws of the Republic of Finland, incorporated on the Effective Date of the Demerger on June 30, 2013. The Company’s business name is Caverion Corporation, and it was entered in the Finnish Trade Register maintained by the National Board of Patents and Registration of Finland on June 30, 2013.
Trading in Caverion Corporation’s shares at Helsinki Stock Exchange (NASDAQ OMX Helsinki Ltd) began on July 1, 2013, at 10 a.m. The trading code of the shares is CAV1V. In connection with YIT’s demerger, YIT Corporation’s shareholders received as demerger consideration one (1) Caverion share for each YIT share owned. Consequently, at the beginning of trading the number of shares subject to public trading was 125,596,092.
Read more about the determination of acquisition costs of Caverion shares in Finnish taxation pursuant to the partial demerger of YIT here.
On 15 June 2018 the Company announced that it had directed a share issue of 9,524,000 new shares in the Company to institutional investors. Read more about the share issue here.
On 1 July 2024, Caverion shares were delisted from Nasdaq Helsinki after Crayfish BidCo Oy gained title to all the minority shares in Caverion Corporation. Read more about the tender offer and redemption proceedings here.