Notification pursuant to Chapter 9, section 5 of the Securities Markets Act
Componenta Corporation (Business ID 1635451-6) has today 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 exceeded 5%, and at the same time the total holding of Etra Capital Oy and Tiiviste-Group Oy together, in which Erkki Etola exercises control, has exceeded 15% in Componenta shares and voting rights.
”NOTIFICATION PURSUANT TO CHAPTER 9, SECTION 5 OF THE SECURITIES MARKETS ACT
The holding of Tiiviste-Group Oy in which Erkki Etola exercises control in Componenta shares and voting rights has exceeded 5%. At the same time the total holding of Etra Capital Oy and Tiiviste-Group Oy, in which Erkki Etola exercises control, has exceeded 15% in Componenta shares and voting rights.
In accordance with Chapter 9, section 5 of the Securities Markets Act, we announce to the Financial Supervisory Authority and Componenta Corporation the following:
1. Target company: Componenta Oyj
2. Name and business identity code of the shareholder subject to notification obligation: Tiiviste-Group Oy, Business ID 0115121-4 and Etra Capital Oy, Business ID 2305147-6
3. Date of change in holdings: 24 March 2015
4. Holding of the total number of shares and voting rights in the issuer:
Shareholding and voting rights before flagging notification:
Tiiviste-Group Oy:
Number of shares: 3,000,000
Holding of total number of shares and voting rights: 3.08%
Etra Capital Oy:
Number of shares: 11,381,450
Holding of total number of shares and voting rights: 11.70%
Tiiviste-Group Oy and Etra Capital Oy in total:
Number of shares: 14,381,450
Holding of total number of shares and voting rights: 14.79%
Shareholding and voting rights after flagging notification:
Tiiviste-Group Oy:
Number of shares: 4,907,340
Holding of total number of shares and voting rights: 5.05%
Etra Capital Oy:
Number of shares: 11,381,450
Holding of total number of shares and voting rights: 11.70%
Tiiviste-Group Oy and Etra Capital Oy in total:
Number of shares: 16,288,790
Holding of total number of shares and voting rights: 16.75%
The calculation basis for the flagging is the total number of Componenta Corporation shares and voting rights, 97,269,224.
5. Chain of controlled undertakings: Tiiviste-Group Oy and Etra Capital Oy are companies in which Erkki Etolan exercises control.”
Helsinki, 25 March 2015
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 495 million in 2014 and its share is listed on Nasdaq Helsinki. The Group employs approx. 4,250 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.