Valoe Corporation Stock Exchange Release 17 January 2018 at 12.05 Finnish time
Valoe Corporation: Disclosure under Chapter 9, Section 10 of the Securities Market Act
Valoe Corporation has received an announcement from Jorma Ollila on 16 January 2018 according to which his shareholding in Valoe shares has crossed the threshold of 5 % of all the shares in Valoe as he subscribed Valoe shares in a directed share issue resolved by the Board of Directors of Valoe on 20 December 2017. The subscription price was partly paid in cash and partly by setting-off the subscription price against convertible bonds.
Total positions of Jorma Ollila subject to the notification:
% of shares and voting rights (total of A) |
% of shares and voting rights through financial instruments (total of B) |
Total number of shares and voting rights of issuer |
|
Resulting situation on the date on which threshold was crossed or reached |
6.57 % | 0 % | 6.57 % |
Position of previous notification (if applicable) | 0 | 0 | 0 |
Notified details of the resulting situation on the date on which the threshold was crossed or reached:
A: Shares and voting rights:
Class/Type of shares ISIN code |
Number of shares and voting rights |
Number of shares and voting rights |
% of shares and voting rights |
% of shares and voting rights |
Direct (SMA 9:5) |
Indirect (SMA 9:6 and 9:7) |
Direct (SMA 9:5) |
Indirect (SMA 9:6 and 9:7) |
|
FI4000301056 | 919,528 | 0 | 6.57 % | 0 % |
A TOTAL | 919,528 | 0 | 6.57 % | 0 % |
In Mikkeli 17 January 2018
Valoe Corporation Board of Directors
For more information: Iikka Savisalo
President and CEO, Valoe Corporation
Tel. +358 40 521 6082, email: iikka.savisalo@valoe.com
Distribution:
NASDAQ OMX, Helsinki
Main media
www.valoe.com
Valoe Corporation specializes in the clean energy, especially in photovoltaic solutions. Valoe provides automated production technology for solar modules based on the company’s own technology; production lines for modules; solar modules and special components for solar modules. Valoe's head office is located in Mikkeli, Finland.