Flagging notification in accordance with the Finnish Securities Market Act Chapter 9 Section 5: Nordstjernan AB decreased holding in Exel Composites Plc

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| Source: Exel Composites Oyj
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EXEL COMPOSITES PLC     STOCK EXCHANGE RELEASE                   13.2.2014 at 6.00 p.m.          

Flagging notification in accordance with the Finnish Securities Market Act Chapter 9 Section 5: Nordstjernan AB decreased holding in Exel Composites Plc

Exel Composites Plc (business ID 1067292-7) has today 13 February 2014 received a disclosure under Chapter 9, Section 5 of the Securities Markets Act, according to which the holding of Nordstjernan AB (business ID 556000-1421) has fallen under 15 per cent of the voting rights and share capital in Exel Composites Plc. 

Through share transactions concluded on 13 February 2014, the holding of Nordstjernan AB has decreased from 2,656,506 shares (22.3 per cent) to 1,656,506 shares, representing 13.9 per cent of the shares and voting rights of the Company.

Vantaa, 13 February 2014 

 

EXEL COMPOSITES PLC

Riku Kytömäki
President and CEO              


FURTHER INFORMATION:
Riku Kytömäki, President and CEO, tel. +358 50 511 8288, or email riku.kytomaki@exelcomposites.com
Ilkka Silvanto, CFO and Administrative Director, tel. +358 50 598 9553, or email ilkka.silvanto@exelcomposites.com

DISTRIBUTION
NASDAQ OMX Helsinki Ltd.
Main news media
www.exelcomposites.com

  

EXEL COMPOSITES IN BRIEF 
Exel Composites (www.exelcomposites.com) is a technology company which designs, manufactures and markets composite profiles and tubes for industrial applications. The Group is the leading composite profile manufacturer in the world and concentrates on growing niche segments.

The core of the operations is based on own, internally developed composite technology, product range based on it and a strong market position in selected segments with a strong quality and brand image. Profitable growth is pursued by a relentless search for new applications and development in co-operation with customers. The personnel’s expertise and high level of technology play a major role in Exel Composites’ operations.

Exel Composites Plc share is listed in the Small Cap segment of NASDAQ OMX Helsinki Ltd.