Exel Composites Plc: Announcement regarding change in shareholdings

EXEL COMPOSITES PLC     STOCK EXCHANGE RELEASE    22 NOVEMBER 2019 at 15:30 EET

Exel Composites Plc has on 22 November 2019 received a disclosure under Chapter 9, Section 5 of the Finnish Securities Markets Act according to which the indirect holding of Danske Bank A/S has exceeded 5% of the voting rights and share capital in Exel Composites Plc.

Through share transactions concluded on 21 November 2019 the indirect holding of Danske Bank A/S amounts to 811,650 shares representing 6.82% 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, 22 November 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, a global technology company headquartered in Finland, is the world’s largest manufacturer of pultruded and pull-wound composite solutions. 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 solutions 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.