Espoo, Finland, 2014-10-30 16:00 CET (GLOBE NEWSWIRE) --
Efore Plc Stock Exchange Release October 30, 2014 5:00 p.m.
Efore Plc has today received a notification of change in holdings in accordance with Chapter 9, Section 5 of the Finnish Securities Markets Act as follows:
The share of Sievi Capital Plc of the total number of shares and voting rights in Efore Plc has exceeded 20 per cent on 30 October 2014.
Reason for the flagging notification: share transaction
The shareholding and voting rights of Sievi Capital Plc following the share transaction:
Number of shares: 11,933,576 shares
Share of total number of shares and voting rights: 21.40%
The calculation basis for the flagging is the total number of Efore Plc shares. The number of Efore Plc shares and voting rights totals 55,772,891.
Sievi Capital Plc’s business ID is 0190457-0.
EFORE PLC
Vesa Vähämöttönen
President and CEO
For further information, please contact Mr Vesa Vähämöttönen, CEO, tel. +358 9 4784 6312.
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NASDAQ OMX Helsinki Oy
Principal media
Efore Group
Efore Group is an international company which develops and produces demanding power products. Efore's head office is based in Finland and its production units are located in China and Tunis. Sales and marketing operations are located in Europe, 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 share is quoted on the Nasdaq OMX Helsinki Ltd. www.efore.com