Subscriptions of Componenta EUR 15 million share issue approved

Not for release, publication or distribution, directly or indirectly, in or into the United States, Canada, Australia, Hong Kong, South Africa or Japan or any other jurisdiction in which the distribution or release would be unlawful.

Componenta Corporation’s (“the Company” or “Componenta”) Board of Directors decided on 15 August 2014 to execute a directed share issue. In the share issue, new shares were offered for subscription to a limited group of selected investors (“the Private Placement”). The purpose of the Private Placement is to secure the continuity of the Company’s operations by considerably strengthening the Company’s financial position. 

In the Private Placement, a maximum of 15,000,000 new shares in the Company (“Issued Shares”) were offered for subscription, at the subscription price of 1.00 euro per share. The subscription period of the Private Placement ended today at 4.00 p.m. 

A total of 15,000,000 Issued Shares were subscribed in the Private Placement, corresponding to a total of EUR 15,000,000. The Board of Directors approved all subscriptions of the Issued Shares. The subscribers of the Private Placement will be informed in writing about the approval of subscriptions on 18 August 2014. 

Helsinki, 15 August 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. 

DISCLAIMERS

The information contained herein shall not constitute an offer to sell or tender, or a solicitation of an offer to buy or sell securities to any persons in any jurisdiction in which such offer, solicitation or sale or tender would be unlawful, including the USA, Australia, Canada, Hong Kong, South Africa and Japan. The company’s representatives assume no legal responsibility for such violations, regardless of whether the parties contemplating investing in securities are aware of these restrictions or not. Any securities that may be offered by the company will not be registered under the US Securities Act of 1933, nor under any securities legislation of any state in the United States, and they may not be offered, sold, resold, donated, delivered, distributed, bought or transferred in the United States or to US citizens or on behalf of US citizens, except pursuant to an exemption from the registration requirements of the Securities Act of 1933 and any applicable state law legislation.