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Exel Composites Plc: Flagging notification in accordance with the Finnish Securities Market Act Chapter 9 Section 5 regarding change in shareholdings

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EXEL COMPOSITES PLC      STOCK EXCHANGE RELEASE   10 FEBRUARY 2017 at 18:15 EET

Exel Composites Plc: Flagging notification in accordance with the Finnish Securities Market Act Chapter 9 Section 5 regarding change in shareholdings

 

Exel Composites Plc has on 10 February 2017 received a disclosure under Chapter 9, Section 5 of the Finnish Securities Markets Act, according to which the indirect holding of Försäkrings Ab Alandia falls under 5% of the voting rights and share capital in Exel Composites Plc.

Through share transactions concluded on 10 February 2017, the total indirect holding of Försäkrings Ab Alandia through the companies Försäkringsaktiebolaget Pensions-Alandia, Pensions-Alandia and Försäkringsaktiebolaget Liv-Alandia amounts to 537,987 shares representing 4,5% 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, 10 February 2017

Exel Composites Plc
Mikko Kettunen
CFO

 

For further information, please contact:
Mikko Kettunen, CFO
tel. +358 50 347 7462
mikko.kettunen@exelcomposites.com  

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Exel Composites in brief
Exel Composites (www.exelcomposites.com) is a leading composite technology company that designs, manufactures and markets composite products and solutions for demanding applications. Exel Composites provides superior customer experience through continuous innovation, world-class operations and long-term partnerships.

The core of the operations is based on own, internally developed composite technology, product range based on it and strong market position in selected segments with a strong quality and brand image. Profitable growth is pursued by a relentless search for new applications and development in co-operation with customers. The personnel’s expertise and high level of technology play a major role in Exel Composites’ operations. Exel Composites Plc share is listed in Nasdaq Helsinki Ltd.

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