Exel Composites Plc: Announcement regarding change in shareholdings


Exel Composites Plc has on 19 February 2018 received a disclosure under Chapter 9, Section 5 of the Finnish Securities Markets Act according to which the holding of Danske Bank A/S has fallen below 5% of the voting rights and share capital in Exel Composites Plc.

Through share transactions concluded on 16 February 2018, the total holding of Danske Bank A/S amounts to 580,145 shares representing 4.88% 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, 19 February 2018

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 employees' expertise and high level of technology play a major role in Exel Composites’ operations. Exel Composites Plc share is listed in Nasdaq Helsinki Ltd.

About Us

Exel Composites is the world’s leading composite technology company that engineers and manufactures composite products and solutions to an extensive range of demanding industrial applications. The core of the business is based on the employees’ high level of expertise and own, internally developed composite technologies, which have been perfected over decades with a steady focus on innovation. With nine manufacturing plants across Europe, Asia, and North America, and a global sales network, Exel Composites is firmly driven by superior customer experience and world-class operations. Headquartered in Finland, Exel Composites employs approximately 650 people globally. The company’s shares are listed on the Nasdaq Helsinki exchange. www.exelcomposites.com