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


Espoo, Finland, 2014-12-22 16:00 CET (GLOBE NEWSWIRE) -- Efore Plc       Stock Exchange Release   December 22, 2014  5.00 p.m.


Efore Plc has received a notification of change in holdings. Rausanne Group's share of the total number of shares and voting rights, including the companies under its authority, in Efore Plc has went over 10 % on December 22, 2014.

Basis for the flagging: share transaction on December 22, 2014

Company                      No of shares   Share of the total number shares and voting rights

Rausanne Oy, shares               1 633 971       2,93 %

Rausanne Oy, forward securities   2 858 000       5,12 %

Adafor Oy, shares                  822 000        1,47 %


Adafor Oy, forward securities      500 000        0,90 %

Rausatum Oy, shares                280 000        0,50 %

 


Totally                           6 093 971      10,93 %

The calculation basis for the flagging is the total number of Efore Plc shares and voting rights registered with the Trade Register. The number of Efore Plc shares and voting rights registered with the Trade Register totals 55.772.891.

Rausanne Oy business ID 0604770-7

Adafor Oy business ID 0968061-2

Rausatum business ID 1059312-9

EFORE PLC

Vesa Vähämöttönen
President and CEO

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



DISTRIBUTION

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