Share issue without payment (split) by Vacon registered with the Trade Register

Vacon Plc, Stock Exchange Release, 1 April 2014 at 9.00 a.m. (EET)

The increase in the number of Company shares through a share issue without
payment (split) approved by Vacon's Annual General Meeting on 27 March 2014 has
been entered in the Trade Register today, 1 April 2014.

The share issue without payment has the same effect as a share split. The number
of shares in the Company is increased by issuing new shares to the shareholders
without payment in proportion to their holdings so that one (1) share will be
given for each existing share. After the registration of the 15,295,000 issued
shares, the number of Vacon's shares is a total of 30,590,000 shares. The
Company's share capital will remain unchanged at EUR 3,059,000.

The new Vacon shares (ISIN FI0009009567, trading symbol VAC1V) are to be
admitted to public trading on the NASDAQ OMX Helsinki Stock Exchange and entered
into the book-entry system approximately on 2 April 2014.

The share issue will be implemented in the book-entry system and does not
require measures by the shareholders. The shareholders, who are registered in
the Company's shareholder register on the record date for the share issue, 1
April 2014, are entitled to shares. The new shares will produce shareholder
rights as of the registration of the share issue; however, the new shares will
not entitle their holders to the dividends decided in the Annual General Meeting
on 27 March 2014 for the fiscal year 2013.

VACON PLC

Further information:

  * Sebastian Linko, Director, Corporate Communications and Investor Relations,
    +358 (0)40 8371 634, sebastian.linko(at)vacon.com

Vacon in brief

Vacon is driven by a passion to develop, manufacture and sell the best AC drives
and inverters in the world - and provide customers with efficient product
lifecycle services. Our AC drives offer optimum process control and energy
efficiency for electric motors. Vacon inverters play a key role when energy is
produced from renewable sources. Vacon has production and R&D facilities in
Europe, Asia and North America, and sales offices in 30 countries. Further,
Vacon has sales representatives and service partners in nearly 90 countries. In
2013, Vacon's revenues amounted to EUR 403.0 million, and the company employed
globally approximately 1,600 people. The shares of Vacon Plc (VAC1V) are quoted
on the main list of the Helsinki stock exchange (NASDAQ OMX Helsinki).

Driven by Drives, www.vacon.com

Distribution:

NASDAQ OMX Helsinki
Financial Supervisory Authority
Main media




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