Exel Composites Plc: Announcement regarding change in shareholdings


Exel Composites Plc has on 6 May 2019 received a disclosure under Chapter 9, Section 5 of the Finnish Securities Markets Act according to which the holding of Lazard Freres Gestion SAS has exceeded 5% of the voting rights and share capital in Exel Composites Plc.

Through share transactions concluded on 3 May 2019, the total holding of Lazard Freres Gestion SAS amounts to 618,085 shares representing 5.20% 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, 6 May 2019

Exel Composites Plc
Mikko Kettunen

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.


About Us

Exel Composites, a global technology company headquartered in Finland, is the world’s largest manufacturer of pultruded and pull-wound composite products. Our global manufacturing, R&D, and sales footprint serves customers across a broad range of industries and applications. With 60 years of composites experience and engineering expertise, we work closely with our customers to design and manufacture high quality composite products using carbon fiber, fiberglass, and other high-performance materials. Our composites help reduce weight, improve performance, and decrease total life cycle costs, all while helping increase energy efficiencies and supporting environmental sustainability. Exel Composites employs approximately 650 innovative and customer-focused employees around the world and is listed on the Nasdaq Helsinki exchange. To find out more about our offering and company please visit www.exelcomposites.com.