Exel Composites Plc: Announcement regarding change in shareholdings

EXEL COMPOSITES PLC    STOCK EXCHANGE RELEASE    22 SEPTEMBER 2021 at 09:00 EET

Exel Composites Plc has on 21 September 2021 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 decreased below 5% of the voting rights and share capital in Exel Composites Plc.

Through share transactions concluded on 17 September 2021, the holding of the OP-Suomi Pienyhtiöt investment fund, administered by OP-Rahastoyhtiö Oy, amounts to 590,119 shares representing 4.96% 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 8.49% on 17 September 2021.

Vantaa, 22 September 2021

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

At Exel Composites, we use over 60 years’ experience to solve challenges and help customers save resources. Our forward-thinking composite solutions made with continuous manufacturing technologies serve customers in a wide range of industries around the world. You can find our products used in applications from wind power and transportation to building and infrastructure.  

Our collaborative approach and global footprint set us apart from our competition. We use our expertise to help customers reduce weight, improve performance and energy efficiency and decrease total lifetime costs. We want to be the first choice for sustainable composite solutions globally. 

Headquartered in Finland, Exel Composites employs approximately 650 forward-thinking professionals around the world and is listed on Nasdaq Helsinki. To find out more about our offering and company please visit www.exelcomposites.com.