Espoo, Finlan, 2012-01-17 14:10 CET (GLOBE NEWSWIRE) --
EFORE PLC Stock Exchange Release 17 January 2012 at 3.10 p.m.
The Board of Directors of Efore Plc has decided that the shares issued in the bonus issues completed in 1994, 1995 and 1997 based on the bonus issue resolutions made on 12 April 1994, 16 February 1995 and 6 March 1997, that have still not been claimed shall be declared forfeited unless received no later than 31 January 2013.
Efore Plc requests the shareholders to receive the shares issued in the bonus issues based on the foregoing bonus issue resolutions made on 12 April 1994, 16 February 1995 and 6 March 1997 that still have not been received, under threat that the shares shall otherwise be declared forfeited. The shares shall be received by presenting Efore Plc a claim where the preferred book-entry account for registering the claimed shares is announced.
Unless the shares given in the foregoing bonus issues are claimed no later than 31 January 2013, the shares shall be sold in a public trade for the benefit of the party entitled to the shares. The party entitled to the shares shall only be entitled to the funds received from the sale less the expenses incurred from the sale and the request to accept. Funds not withdrawn within four years from the sale shall fall on the company.
The request is based on chapter 4 section 14 of the repealed Companies Act (Finnish Companies Act 29.9.1978/734 with its amendments).
This request will be published additionally in the Official Gazette and on the web page of Efora Plc and will be sent to the shareholders entitled to the shares whose contact information are known to the company.
EFORE PLC
Vesa Vähämöttönen
President and CEO
For further information, please contact Olli Nermes, CFO, tel. +358 9 4784 6304.
DISTRIBUTION
Nasdaq OMX Helsinki Oy
Principal media
Efore Group
Efore Group is an international company which develops and produces demanding power products. Besides Finland, the company’s product development and marketing units are located in China and Sweden. Efore’s production units are located in China and Estonia. In the fiscal year ending in October 2011, the Group’s net sales totaled EUR 88.1 million and its personnel averaged 960. The company's share is quoted on the Nasdaq OMX Helsinki Ltd.
www.efore.com
Olli Nermes, CFO, tel. +358 9 4784 6304