Flagging notification in accordance with the Finnish Securities Market Act Chapter 9 Section 5: holding of the investment funds administered by OP-Rahastoyhtiö Funds in Exel Composites Plc exceeds 5 per cent

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| Source: Exel Composites Oyj
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EXEL COMPOSITES PLC     STOCK EXCHANGE RELEASE                   10.6.2014 at 14.30                

Flagging notification in accordance with the Finnish Securities Market Act Chapter 9 Section 5: holding of the investment funds administered by OP-Rahastoyhtiö Funds in Exel Composites Plc exceeds 5 per cent

Exel Composites Plc (business ID 1067292-7) has today 10 June 2014 received a disclosure under Chapter 9, Section 5 of the Securities Markets Act, according to which the holding of the investment funds administered by OP-Rahastoyhtiö Funds (business ID 0743962-2) has exceeded 5 per cent of the voting rights and share capital in Exel Composites Plc through share transactions concluded on 9 June 2014. 

The total holding of the investment funds administered by OP-Rahastoyhtiö Funds amounts to 889,551 shares representing 7.48 per cent of the shares and voting rights of the Company.

The ownership share of Exel Composites’ share capital within OP-Rahastoyhtiö Funds is as follows:

OP-Finland Small Firms Fund                      589,551 shares or 4.96%
OP-Delta Fund                                             300,000 shares or 2.52%
TOTAL                                                          889,551 shares or 7.48%

 

Mäntyharju, 10 June 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.