Flagging announcement pursuant to chapter 2, section 10 of the Securities Markets Act
PONSSE OYJ STOCK EXCHANGE RELEASE 1 DECEMBER 2010 AT 2:30 P.M.
Flagging announcement pursuant to chapter 2, section 10 of the Securities
Markets Act
According to the notification received, the Ponsse Plc shares held by Einari
Vidgrén, i.e. 13,348,074 shares comprising 47.67 % of votes, will be in the
ownership and under the control of Einari Vidgrén's estate until the
distribution of the estate. Ponsse Plc's registered share capital consists of
28,000,000 shares.
In the distribution of the estate, the shares held and controlled by Einari
Vidgrén's estate will be divided equally between Einari Vidgrén's four direct
heirs, of whom Janne, Juha and Jarmo Vidgrén are in the service of Ponsse Plc.
Vieremä, 1 December 2010
PONSSE PLC
Petri Härkönen, CFO
FURTHER INFORMATION:
CFO Petri Härkönen, Ponsse Plc, tel. +358 20 768 8608 or +358 50 409 8362
DISTRIBUTION:
NASDAQ OMX Helsinki Ltd
Principal media
www.ponsse.com
Ponsse Plc specialises in the sales, production, maintenance and technology of
cut-to-length forest machines. Its operations are guided by a genuine interest
in its customers and their business operations. The company develops and
manufactures innovative harvesting solutions that follow the principles of
sustainable development and are based on customer needs.
The company was established by forest machine entrepreneur Einari Vidgrén in
1970, and it has been a pioneer of timber harvesting solutions based on the
cut-to-length method ever since. Ponsse is headquartered in Vieremä, Finland.
The Company's shares are quoted on the NASDAQ OMX Nordic List.