Componenta Corporation: Notification pursuant to the Finnish Securities Market Act, Chapter 9, Section 5
Componenta Corporation Stock Exchange Release on 31.10.2016 at 10.20
Componenta Corporation (Business ID 1635451-6) has received the following notification pursuant to Chapter 9, section 5 of the Securities Markets Act according to which the holding of Tiiviste-Group Oy in which Erkki Etola exercises control in Componenta Corporation shares and voting rights has decreased below 5 % on 28 October 2016.
Total position of Etra Capital Oy and Tiiviste-Group Oy in which Erkki Etola exercises control subject to the notification:
| % of shares and voting rights | % of shares and voting rights through financial instruments | Total of both in % | Total number of shares and voting rights of issuer | |
| Resulting situation on the date on which the treshold was crossed or reached | 17.11% | N.A. | 17.11% | 161,925,224 |
| Position of previous notification (if applicable) | 16.75% | N.A. | 16.75% |
Notified details of the resulting situation on the date on which the threshold was crossed:
A: Shares and voting rights:
| Class / type of shares ISIN code | Number of shares and voting rights | % of shares and voting rights %-osuus | ||
| Direct (SMA 9:5) | Indirect (SMA 9:6 ja 9:7) | Direct (SMA 9:5) | Indirect (SMA 9:6 ja 9:7) | |
| FI0009010110 | 27,708,673 | 0 | 17,11% | 0% |
| SUBTOTAL A | 27,708,673 | 17,11% | ||
Information in relation to the person subject to the notification obligation:
| Name | % of shares and voting rights | % of shares and voting rights through financial instruments | Total of both |
| Etra Capital Oy | 13.407% | N.A. | 21,708,673 |
| Tiiviste-Group Oy | 3.705% | N.A. | 6,000,000 |
Helsinki, 31 October 2016
COMPONENTA CORPORATION
For further information, please contact:
Marko Karppinen
CFO
tel. +358 10 403 2101
Componenta is a metal sector company with international operations and production plants located in Finland, Turkey and Sweden. The net sales of Componenta were EUR 495 million in 2015 and its share is listed on Nasdaq Helsinki. The Group employs approx. 3,500 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.