NOTIFICATION IN ACCORDANCE WITH CHAPTER 9 SECTION 10 OF THE FINNISH SECURITIES MARKET ACT REGARDING SAVCOR GROUP HOLDINGS IN CENCORP

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Cencorp Corporation        Stock Exchange Release 30 January 2014 at 18.30 Finnish time

 

 

NOTIFICATION IN ACCORDANCE WITH CHAPTER 9 SECTION 10 OF THE FINNISH SECURITIES MARKET ACT REGARDING SAVCOR GROUP HOLDINGS IN CENCORP

 

Cencorp Corporation (hereinafter "Cencorp") hereby discloses in accordance with Finnish Securities Market Act Chapter 9 Section 10 a flagging notices which it has received on 30 January 2014.

The notifications received by Cencorp relate to Savcor Group Oy, Savcor Group Limited and Savcor Invest B.V. Savcor Group Oy owns indirectly approximately 63 % of Savcor Group Limited, and exercises thus control in Savcor Group Limited. Savcor Group Oy owns all the shares in Savcor Invest B.V.

Pursuant to the flagging notices received by Cencorp, the direct holdings and voting rights of Savcor Group Oy, who has subscribed shares in the share issue resolved by Cencorp on December 9, 2013, is 40,57 % after the new shares subscribed and accepted in the share issue have been registered with the Trade Register on or about February 4, 2014. Today, Savcor Group Oy holds directly 34,44 % of the shares and voting rights in Cencorp. Further, pursuant to the flagging notices received by Cencorp, the direct holdings and voting rights of Savcor Invest B.V., who has subscribed shares in the share issue resolved by Cencorp on December 9, 2013, is 4,61 % after the new shares subscribed and accepted in the share issue have been registered with the Trade Register on or about February 4, 2014. Today, Savcor Invest B.V. holds directly 5,06 % of the shares and voting rights in Cencorp.

In addition, Savcor Group Limited, who is indirectly owned by Savcor Group Oy, holdings and voting rights in Cencorp is 15,61 % after new shares subscribed and accepted in the share issue have been registered with the Trade Register on or about February 4, 2014. Today, Savcor Group Limited holds directly 38,52 % of the shares and voting rights in Cencorp.

Below the holdings and voting rights of the companies belonging to Savcor Group in Cencorp are presented in more detail:

 

Name: Savcor Group Oy, business ID 0483411-7

Number of shares and voting rights before 119.235.078

Number of shares and voting rights after 346.591.142

% of shares after approximately 40,57%

% of voting rights after approximately 40,57%

 

Name: Savcor Group Ltd, business ID ACN127734196

Number of shares and voting rights before 133.333.333

Number of shares and voting rights after 133.333.333

% of shares after approximately 15,61%

% of voting rights after approximately 15,61%

 

Name: Savcor Invest B.V., business ID KVK 34365835

Number of shares and voting rights before 17.499.999

Number of shares and voting rights after 39.374.994

% of shares after approximately 4,61%

% of voting rights after approximately 4,61%

 

The above-mentioned companies belonging to Savcor Group holds thus approximately 60,79 % of the total amount of Cencorp shares and voting rights after the new shares subscribed and accepted have been registered with the Trade Register on or about February 4, 2014. Today the companies belonging to Savcor Group holds thus approximately 78,00 % of the total amount of Cencorp shares and voting rights.

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.

 

Mikkeli, January 30, 2014

 

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 Ltd

Main media

 

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.