CENCORP CORPORATION: NOTIFICATION IN ACCORDANCE WITH CHAPTER 9 SECTION 10 OF THE FINNISH SECURITIES MARKET ACT

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Cencorp Corporation                         Stock Exchange Release 29 January 2014 at 17.55 Finnish time

 

CENCORP CORPORATION: NOTIFICATION IN ACCORDANCE WITH CHAPTER 9 SECTION 10 OF THE FINNISH SECURITIES MARKET ACT

Cencorp Corporation (hereinafter "Cencorp") hereby discloses in accordance with Finnish Securities Market Act Chapter 9 Section 10 a flagging notice which it has received on 29 January 2014.

 

The notification received by Cencorp concerns the changes in holdings of Mr. Sauli Kiuru, who exercises control in Gaselli Capital Oy and its wholly-owned subsidiary Gaselli Capital Partners Oy who have subscribed shares in the share issue resolved by Cencorp on December 9, 2013. Pursuant to the notification received by Cencorp, Mr. Sauli Kiuru has become aware of that his holdings and voting rights of all Cencorp shares and voting rights will increase to over 10 % after the shares which have been subscribed and accepted have been registered with the Trade Register on or about February 4, 2014.

 

The changes in holdings and voting rights of Mr. Sauli Kiuru is through the companies which he exercised control in accordance with the Finnish Securities Market Act Chapter 9 Section 5 as follows:

 

Name: Gaselli Capital Oy, business ID 1066421-4

Number of shares and voting rights before: 0

Number of shares and voting rights after: 100.878.625

% of shares after: 11,7%

% of voting rights after: 11,7%

 

Name: Gaselli Capital Partners Oy:n, business ID 1110556-1

Number of shares and voting rights before: 0

Number of shares and voting rights after: 15.000.000

% of shares after: 1,8%

% of voting rights after: 1,8%

 

Gaselli Capital Oy and Gaselli Capital Partners Oy total holdings of shares and voting rights of Cencorp is 115.878.625 shares and 115.878.625 voting rights, which is approximately 13,5 % of shares and voting rights after the new shares have been registered with the Trade Register on or about February 4, 2014.

 

The ground for the notification is the share issue resolved by Cencorp on December 9, 2013 in which the new approved shares shall be registered with the Trade Register on or about February 4, 2014.

 

The registered number of Cencorp shares in 346.161.270 shares and after the new shares subscribed and accepted have been registered with the Trade Register 854.312.315 shares.

 

 

In Mikkeli, 29 January 2014

CENCORP CORPORATION

Iikka Savisalo, President and CEO

 

For more information, please contact:

Iikka Savisalo, President and CEO, Cencorp Corporation

tel. +358 40 521 6082

Email: iikka.savisalo@cencorp.com

 

Distribution:

NASDAQ OMX, Helsinki

Main media

www.cencorp.com

 

Cencorp Corporation is a leading provider of industrial automation solutions. The equipment in the product portfolio include , automated applications of odd-form assembly and  depaneling for the electronic boards, testing equipment and advanced materials processing by laser. All Cencorp’s offering improves the efficiency of the customers' production. Cencorp has clean technology, especially photovoltaic (PV) solutions as its other business segment.Cencorp now offers its automated manufacturing technology of the PV modules, manufactures and sells photovoltaic modules, based on Cencorp´s own technology as well as  key components of photovoltaic modules. The product range also includes EMI shielding solutions, RFID antennas, other flexible circuits including for example conductive back sheets used in photovoltaic modules and mobile phone antennas. Cencorp's head office is located in Mikkeli, Finland. The company is part of the Finnish Savcor Group.