Correction to stock exchange release “Componenta Corporation: notification under Chapter 9 Section 10 of the Finnish Securities Market Act”

Componenta Corporation Stock Exchange Release on 9 September 2019 at 10.45

This is a correction to Componenta Corporation’s stock exchange release published on 4 September 2019 at 16.45. The total percentage of Etra Capital Oy’s shares and voting rights including financial instruments on the date on which the threshold was crossed was 8.43% instead of the announced 8.42% in the table describing the total position of Etra Capital Oy subject to the notification. Please find below the corrected release:

Componenta Corporation has on 4 September 2019 received the following notification pursuant to Chapter 9, section 5 of the Securities Markets Act according to which the holding of Etra Capital Oy in Componenta Corporation shares and voting rights has decreased below 10% on 4 September 2019. The crossing below the notification limit is related to directed share issue arranged to sellers in acquisition of Komas Oy which results in decrease in shareholding of Etra Capital Oy. A total of 60 million new shares subscribed for in the directed share issue after which the total number of Componenta Corporation’s shares is 237,269,224.

Total position of Etra Capital Oy 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 threshold was crossed or reached 8.43% - 8.43% 237,269,224
Position of previous notification (if applicable) 14.90% - 14.90%

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
Direct
(SMA 9:5)
Indirect
(SMA 9:6 and 9:7)
Direct
(SMA 9:5)
Indirect
(SMA 9:6 and 9:7)
FI0009010110 20,000,000 - 8.43% -
SUBTOTAL A 20,000,000 8.43%

COMPONENTA CORPORATION

For further information, please contact: 

Marko Karppinen, CFO, tel. +358 10 403 2101
Marko Penttinen, President and CEO, tel. +358 40 842 2811

Componenta is an international technology company. Componenta specializes in supplying cast and machined components to its global customers, who are manufacturers of vehicles, machines and equipment. The company’s share is listed on Nasdaq Helsinki.

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