Espoo, Finland, 2012-05-18 12:30 CEST (GLOBE NEWSWIRE) --
EFORE PLC Stock Exchange Release May 18, 2012 at 1.30 p.m.
Basis for disposal: Based on the decision of the Annual General Meeting on February 9, 2012, Efore Plc transfers today 82 817 shares to the members of the Board of Directors as part of the payment of the annual remuneration.
Trading code: EFO1V
Number of shares: 82 817
Price/share: Gratuitous
After the transfer, the company holds a total of 723 713 own shares.
EFORE PLC
Vesa Vähämöttönen
President and CEO
For further information please contact Mr. Vesa Vähämöttönen, President and CEO, tel. +358 9 4784 6312
DISTRIBUTION
Nasdaq OMX Helsinki Oy
Principal media
Efore Group
Efore Group is an international company which develops and produces demanding power products. Efore’s head office is based in Finland and its production units are located in China and in Estonia. Efore is present also in Sweden. In the fiscal year ending in October 2011, consolidated net sales totaled EUR 88,1 million and the Group’s personnel averaged 960. The company's share is quoted on the Nasdaq OMX Helsinki Ltd.
www.efore.com
Vesa Vähämöttönen, President and CEO, tel. +358 9 4784 6312