Componenta Corporation: Notification according to Chapter 2, Section 10 of the Securities Markets Act

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Componenta Corporation has today received a notification of change in holdings in accordance with Chapter 2, Section 9 of the Securities Markets Act as follows:

“Notification according to Chapter 2, Section 9 of the Securities Markets Act

The combined share of Mr Heikki Lehtonen and the companies in which Mr Heikki Lehtonen exercises control has fallen below 30 per cent of the total number of shares and voting rights in Componenta Corporation. The share of Cabana Trade S.A. of the total number of shares and voting rights in Componenta Corporation has fallen below 20 per cent.

In accordance with Chapter 2, Section 9 of the Finnish Securities Markets Act we hereby notify the Financial Supervisory Authority and Componenta Corporation as follows:

1. Name of the issuer of shares: Componenta Corporation

2. Reason for the flagging notification: Componenta Corporation’s Share Issue 2012. 

3. Name of the shareholder subject to the notification obligation:

Cabana Trade S.A., registration number B87264
Mr Heikki Lehtonen.

4. Date of change in holdings: 26 March 2012.

5. Share of the total number of shares and voting rights in the issuer:

Shareholding before the share issue:

The combined shareholding of Mr Heikki Lehtonen and the companies in which he exercises control:
Number of shares: 5,318,840 shares
Share of total number of shares and voting rights: 30.39%  

The shareholding of Cabana Trade S.A:
Number of shares: 3,501,988 shares
Share of total number of shares and voting rights: 20.01% 

The shareholding of Oy Högfors-Trading Ab:
Number of shares: 1,806,052 shares
Share of total number of shares and voting rights: 10.32%  

The shareholding of Mr Heikki Lehtonen:
Number of shares: 10,800 shares
Share of total number of shares and voting rights: 0.06%

Shareholding after the share issue:

The combined shareholding of Mr Heikki Lehtonen and the companies in which he exercises control:
Number of shares: 6,248,840 shares
Share of total number of shares and voting rights: 28.13%  

The shareholding of Cabana Trade S.A:
Number of shares: 3,501,988 shares
Share of total number of shares and voting rights: 15.77%

The shareholding of Oy Högfors-Trading Ab:
Number of shares: 2,736,052 shares
Share of total number of shares and voting rights: 12.32%  

The shareholding of Mr Heikki Lehtonen:
Number of shares: 10,800 shares
Share of total number of shares and voting rights: 0.05%

The calculation basis for the flagging is the total number of Componenta Corporation shares and voting rights following the share issue. The number of Componenta Corporation shares and voting rights totals 22,213,123 after the share issue.”

Helsinki, 27 March 2012

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 576 million in 2011 and its share is listed on the NASDAQ OMX Helsinki. The Group employs approx. 4,700 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.