Cencorp Corporation Stock exchange release 20 April 2012 at 16:30 Finnish time
NOTIFICATION ACCORDING TO CHAPTER 2, SECTION 10 OF THE FINNISH SECURITIES MARKET ACT
Cencorp Corporation ("Company") has gained knowledge of the disclosure notification of Ahlström Capital Oy pursuant to Chapter 2, Section 9 of the Finnish Securities Markets Act. In accordance with the disclosure notification, the ownership of Ahlström Capital Oy in Cencorp will fall below one-twentieth of all shares of Cencorp as Ahlström Capital Oy has committed to sell all shares in its Dutch subsidiary, AC Invest B.V. (change of trade name pending), which holds Cencorp’s shares, to Savcor Group Oy.
Pursuant to Chapter 2, Section 10 of the Finnish Securities Markets Act we hereby notify the following information:
1. Name of the issuer
Cencorp Corporation (Business ID 0749606-1)
2. Full name of shareholder
Ahlström Capital Oy (Business ID 1670034-3)
3. Threshold, that is fallen below
1/20 i.e. 5% of the amount of shares and votes
4. Reason for the notification: An acquisition or disposal of shares or voting rights and agreement or other arrangement which may result in the acquisition or disposal of shares and voting rights
Ahlström Capital Group has on April 19, 2012 committed to sell all shares in its Dutch subsidiary, AC Invest B.V. (change of trade name pending), which holds Cencorp’s shares, to Savcor Group Oy. After the sale has taken place, Ahlström Capital Oy or companies belonging to the same group of companies with it do not hold any shares in Cencorp. The sale is not subject to any conditions.
In connection with the sale of shares referred to above, Ahlström Capital Oy has agreed on such an arrangement for security that in the event of breach of the payment terms, Ahlström Capital Oy has, among other things and subject to certain conditions based on its own consideration, right to notify of use of the voting rights attached to the pledged Cencorp shares. In such an event, Ahlström Capital Oy would, when necessary, disclose a separate disclosure notification pursuant to the requirements of the Finnish Securities Markets Act.
5. Ownership share of shares and voting rights in the company
The share of ownership of Ahlström Capital Oy in Cencorp’s shares and attached voting rights is 17.499.999 shares which is approximately 5,1 per cent of all shares and attached voting rights in Cencorp.
6. Date on which threshold is fallen below
April 19, 2012
The total number of Cencorp’s shares is today on April 20, 2012, 342.161.270 registered shares. Each share is entitled to one vote. The company has one class of shares.
In Mikkeli, April 20, 2012
Cencorp Corporation
For more information:
Iikka Savisalo
President and CEO
Cencorp Corporation
Tel: + 358 (40) 521 6082
Email: iikka.savisalo@cencorp.com
Distribution:
NASDAQ OMX Helsinki Oy
Main media
Cencorp Corporation is a leading provider of industrial automation solutions. The equipment included in the product portfolio designed for depaneling, odd-form assembly, testing and laser materials processing substantially improves the efficiency of customers production. The product range also
includes EMI shielding solutions, flexible circuits, decorations and RFID antennas. Cencorps customers are automotive electronics manufacturers and manufacturers operating in telecommunications, industrial automation and EMS. Cencorps head office is located in Mikkeli, Finland. The company is part of the Finnish Sacvor Group.