Exel Composites Plc: Announcement regarding change in shareholdings

EXEL COMPOSITES PLC          STOCK EXCHANGE RELEASE          19 FEBRUARY 2018 at 13:15 EET

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
mikko.kettunen@exelcomposites.com

Distribution

Nasdaq Helsinki Ltd
Main news media
www.exelcomposites.com

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.