Componenta Corporation has today received the following notification pursuant to Chapter 9, section 5 of the Securities Markets Act concerning the shares of Componenta Corporation.

”Keskinäinen Työeläkevakuutusyhtiö Elo’s holding of shares and voting rights in Componenta Corporation has exceeded 5%.  

Change of the holding is related to the Share Issue, resolved by the Extraordinary General Meeting of Componenta Corporation on 5 September 2014 and directed to the public, where 53,000,000 new shares in total were subscribed (“Share Issue”).

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. Name and business identity code of the shareholder: Keskinäinen Työeläkevakuutusyhtiö Elo, Business ID 02011037

3. Reason for the flagging notification: Share issue

4. Date of change in holdings: 23 September 2014

5. Holding of the total number of shares and voting rights in the target company after flagging notification:

Number of shares: 4,901,288 
Holding of total number of shares and voting rights: 5.04%

Holding of shares and voting rights in the previous flagging notification (given on 15 August 2014):

Reason: An arrangement which if realized will lead into a situation where the flagging notice limit of 5% is exceeded, calculated out of the total number of shares and voting rights as mentioned in the chapter 2, section 9 of the Securities Markets Act.
Number of shares: 4,901,288
Holding of total number of shares and voting rights: 5.04%

Keskinäinen Työeläkevakuutusyhtiö Elo had no holding in Componenta Corporation before the Share Issue.

The calculation basis for the flagging is the total number of Componenta Corporation shares following the Share Issue. The number of Componenta Corporation registered shares after the Share Issue is 97,269,224 shares with 97,269,224 voting rights.”

Helsinki, 23 September 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.