Notification pursuant to Chapter 9, section 5 of the Securities Markets Act: Oy Högfors-Trading Ab’s holding in Componenta has exceeded 15%

Componenta Corporation 18.8.2014 at 9.40


Componenta Corporation (Business ID 1635451-6) received on 15 August 2014 the following notification pursuant to Chapter 9, section 5 of the Securities Markets Act, according to which Oy Högfors-Trading Ab’s holding of shares and voting rights of Componenta Corporation has exceeded 15%.

”NOTIFICATION PURSUANT TO CHAPTER 9, SECTION 5 OF THE SECURITIES MARKETS ACT

The holding of Oy Högfors-Trading Ab, where Heikki Lehtonen exercises control, in Componenta Corporation’s shares and voting rights exdeeds 15% as a result of the arrangement which if realized will lead into a situation where the flagging notice limit is exceeded.

In accordance with Chapter 9, section 5 of the Securities Markets Act, we announce to the Financial Supervisory Authority and Componenta Corporation the following:

1. Target company: Componenta Corporation

2.  Arrangement if realized shall lead into a situation where the shareholding and voting rights exceed the flagging notice limit of 15% according to Chapter 9, section 5 of the Securities Markets Act.

3. Name of shareholder Oy Högfors-Trading Ab, business ID 0809010-0

4. Share of total number of shares and voting rights in Componenta Corporation:

In the previous flagging announcement on 27 August 2013 published shareholding and voting rights were:

Oy Högfors-Trading Ab
Number of shares: 4,010,704
Share of total number of shares and voting rights: 13.70%  

Cabana Trade S.A.
Number of shares: 3,501,988
Share of total number of shares and voting rights: 11.96%  

Heikki Lehtonen
Number of shares: 15,800
Share of total number of shares and voting rights: 0.05%  

Heikki Lehtonen and corporations where he exercises control in total:
Number of shares: 7,528,492
Share of total number of shares and voting rights: 25.72% 

Shareholding and voting rights after flagging notification are:

Oy Högfors-Trading Ab
Number of shares: 8,010,704
Share of total number of shares and voting rights: 18.10%  

Cabana Trade S.A.
Number of shares: 3,501,988
Share of total number of shares and voting rights: 7.91%  

Heikki Lehtonen
Number of shares: 15,800
Share of total number of shares and voting rights: 0.04% 

Heikki Lehtonen and corporations where he exercises control in total:
Number of shares: 11,528,492
Share of total number of shares and voting rights: 26.04% 

5. Essential content of the arrangement:

Componenta Corporation has on 15 August 2014 announced its financing arrangements. As part of the arrangements, Componenta has on 15 August 2014 decided to offer in total a maximum  of 15 million shares to a limited group of selected investors (”Private Placement”). The company has received the subscription commitments in total for 15,000,000 shares.

Oy Högfors-Trading Ab has subscribed 4,000,000 shares in the Private Placement.

The total amount of shares and votes published by Componenta Corporation on 15 August 2014 is 29,269,224. Basis for the flagging calculation is the maximum amount of shares and voting rights after the Private Placement. The maximum amount of shares and voting rights after the Private Placement is 44,269,224.”

Helsinki, 18 August 2014

COMPONENTA CORPORATION
 

Heikki Lehtonen
President and CEO                                                      

 

For further information, please contact:

Heikki Lehtonen
President and CEO
tel. +358 10 403 2200

Mika Hassinen
CFO
tel. +358 10 403 2723

 

Componenta is a metal sector company with international operations and production plants located in Finland, Turkey, the Netherlands and Sweden. The net sales of Componenta were EUR 511 million in 2013 and its share is listed on the NASDAQ OMX Helsinki. The Group employs approx. 4,400 people. Componenta specializes in supplying cast and machined components and total solutions made of them to its global customers, who are manufacturers of vehicles, machines and equipment.  


Attachments

release_componenta_18082014_flagging_hogfors_trading.pdf