Correction to the flagging notification published on 18 August 2014 concerning change in Oy Högfors-Trading Ab’s holding
Unlike the stock exchange release on 18 August 2014 announced, Oy Högfors-Trading Ab’s holding in Componenta Corporation has not yet exceeded the 15 per cent limit, but will exceed as a result of the arrangement which if realized will lead into a situation where the flagging notification limit is exceeded. The flagging notification by Oy Högfors-Trading Ab has not changed.
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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.