NOTIFICATION ACCORDING TO CHAPTER 9, SECTION 10 OF THE SECURITIES MARKETS ACT


Espoo, Finland, 2014-06-17 14:10 CEST (GLOBE NEWSWIRE) -- EFORE PLC                   Stock Exchange Release 17 June 2014 at 3.10 p.m.


NOTIFICATION ACCORDING TO CHAPTER 9, SECTION 10 OF THE SECURITIES MARKETS ACT

Efore Plc has today executed an acquisition of its own shares according to which the company’s shareholding in Efore Plc has exceeded 5 per cent on 17 June 2014.

Reason for the notification:
The resolution of the Board of Directors of Efore Plc on a directed acquisition of own shares (2 358 242 shares) on 17 June, 2014. The company has published this arrangement earlier today. 

The shareholding of Efore Oyj’s own shares following the notification:
Number of shares: 3 501 995  shares
Share of total number of shares and voting rights: 6,27 %

The calculation basis for the flagging is the total number of Efore Plc shares and voting rights. The number of Efore Plc shares and voting rights totals 55,772,891.


EFORE PLC

Vesa Vähämöttönen
President and CEO


For further information, please contact Mr Vesa Vähämöttönen, CEO, tel. +358 9 4784 6312.
 


DISTRIBUTION

Nasdaq OMX Helsinki Ltd
Main Media




Efore Group

The Efore Group is an international company that develops and produces demanding power products. Efore's head office is based in Finland, and its production units are located in China and Tunisia. Sales and marketing operations are located in Europe, the United States and China. In the fiscal year ending in December 2013, consolidated net sales totalled EUR 82.5 million, and the Group's personnel averaged 836. The company's shares are quoted on Nasdaq OMX Helsinki Oy.


www.efore.com