Exel Composites Plc: Announcement regarding change in shareholdings
EXEL COMPOSITES PLC STOCK EXCHANGE RELEASE 8 MAY 2017 at 12:30 EET
Exel Composites Plc has on 8 May 2017 received a disclosure under Chapter 9, Section 5 of the Finnish Securities Markets Act according to which the holding of Nordea Funds Ltd has fallen below 5% of the voting rights and share capital in Exel Composites Plc.
Through share transactions concluded on 4 May 2017, the total holding of Nordea Funds Ltd amounts to 573,138 shares representing 4,82% of the shares and voting rights of the Company.
Exel Composites has a total of 11,896,843 shares. There is only one class of shares, each share entitling one vote.
Vantaa, 8 May 2017
Exel Composites Plc
For further information, please contact:
Mikko Kettunen, CFO
tel. +358 50 347 7462
Nasdaq Helsinki Ltd
Main news media
Exel Composites in brief
Exel Composites (www.exelcomposites.com) is a leading composite technology company that designs, manufactures and markets composite products and solutions for demanding applications. Exel Composites provides superior customer experience through continuous innovation, world-class operations and long-term partnerships.
The core of the operations is based on own, internally developed composite technology, product range based on it and strong market position in selected segments with a strong quality and brand image. Profitable growth is pursued by a relentless search for new applications and development in co-operation with customers. The personnel’s expertise and high level of technology play a major role in Exel Composites’ operations. Exel Composites Plc share is listed in Nasdaq Helsinki Ltd.