Notification according to chapter 9, section 10 of the securities markets act



Efore Plc          Stock Exchange Release   6.6.2019  at 15.30


Notification according to chapter 9, section 10 of the securities markets act

Efore Plc has received a notification with reference to Chapter 9, paragraph 5 of the Finnish Securities Markets Act.

Issuing company: Efore Plc

Basis of announcement: An acquisition or disposal of shares or voting rights

Complete name: Jaakko Heininen ja Pekka Heininen, Turku, Finland

Date of transaction and exceeding the threshold: 5.6.2019

Total position of person(s) subject to the notification obligations:

 % of shares and voting rights% of shares and voting rights through financial instruments% of totalTotal number of shares and voting rights of issuer
Resulting situation on the date on which the threshold was crossed or reached9,151,2210,37421 636 788
Position of previous notification (if applicable)    


Notified details of the resulting situation on the date on which the threshold was reached/crossed:

Class/type of sharesNumber of shares and voting rightsNumber of shares and voting rights% of shares and voting rights% of shares and voting rights
 DirectIndirectDirectIndirect
 (SMA 9:5)(SMA 9:6 and 9:7)(SMA 9:5)(SMA 9:6 and 9:7)
FI000990005422 564 59021 158 0515,35 5,02


Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity:

Name% of shares and voting rights% of shares and voting rights through financial instrumentsTotal of both
Jaakko Heininen3,17 3,17
Pekka Heininen2,090,092,18
Heininen Invest Oy1,850,752,60
Arvojyvä Oy1,60 1,60
Tulosjyvä Oy0,440,380,82

EFORE PLC

Vesa Leino                                    
President and CEO              

For further information please contact Vesa Leino, President and CEO, tel. +358 40 759 8956.

DISTRIBUTION  

Nasdaq Helsinki Oy
Principal media


Efore Group
Efore is an international Group which develops and produces demanding power products. Efore's head office is based in Finland and its sales, marketing and R&D functions are located in Europe and China. The Group also has a sales and marketing unit in the United States. In the financial year ended on December 2018, consolidated net sales totalled EUR 52.4 million and the Group's personnel averaged 406. The parent company's share is quoted on the Nasdaq Helsinki Ltd. www.efore.com


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