Exel Composites Plc: Announcement regarding change in shareholdings

EXEL COMPOSITES PLC          STOCK EXCHANGE RELEASE          7 JUNE 2019 at 14:30 EET

Exel Composites Plc has on 6 June 2019 received a disclosure under Chapter 9, Section 5 of the Finnish Securities Markets Act according to which the holding of OP-Suomi Pienyhtiöt investment fund has exceeded 5% of the voting rights and share capital in Exel Composites Plc.

Through share transactions concluded on 5 June 2019, the holding of the OP-Suomi Pienyhtiöt investment fund, administered by OP-Rahastoyhtiö Oy, amounts to 598,259 shares representing 5.03% 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.

Information in relation to the person subject to the notification obligation

The total holdings of investment funds administered by OP-Rahastoyhtiö Oy amount to 8.96% on 5 June 2019.

Vantaa, 7 June 2019

Exel Composites Plc
Mikko Kettunen
CFO

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 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.

www.exelcomposites.com