Exel Composites Plc: Announcement regarding change in shareholdings
EXEL COMPOSITES PLC STOCK EXCHANGE RELEASE 5 APRIL 2019 at 15:30 EET
Exel Composites Plc has on 5 April 2019 received a disclosure under Chapter 9, Section 5 of the Finnish Securities Markets Act according to which the holding of Lannebo Fonder AB has fallen below 5% of the voting rights and share capital in Exel Composites Plc.
Through share transactions concluded on 4 April 2019, the total holding of Lannebo Fonder AB amounts to 594,791 shares representing 4.99% 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, 5 April 2019
Exel Composites Plc
For further information, please contact:
Mikko Kettunen, CFO
tel. +358 50 347 7462
Nasdaq Helsinki Ltd
Main news media
Exel Composites in brief
Exel Composites is the world’s leading composite technology company that engineers and manufactures composite products and solutions to an extensive range of demanding industrial applications.
The core of the business is based on the employees’ high level of expertise and own, internally developed composite technologies, which have been perfected over decades with a steady focus on innovation. With nine manufacturing plants across Europe, Asia, and North America, and a global sales network, Exel Composites is firmly driven by superior customer experience and world-class operations.
Headquartered in Finland, Exel Composites employs approximately 650 people globally. The company’s shares are listed on the Nasdaq Helsinki exchange.