Major shareholder announcements
CORRECTION: Notification pursuant to Chapter 9, section 5 of the Securities Markets Act: Etra Capital Oy’s holding in Componenta has fallen below 20%
Componenta Corporation Stock Exchange Release 20.8.2014 at 20.00
Correction to the flagging notification published on 18 August 2014 concerning change in Etra Capital Oy’s holding
Unlike the stock exchange release on 18 August 2014 announced, Etra Capital Oy’s holding in Componenta Corporation has not yet fallen below the 20 per cent limit, but will fall below as a result of the arrangement which if realized will lead into a situation where the flagging notification limit is fallen below. The flagging notification by Etra Capital Oy has not changed.
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Componenta is a metal sector company with international operations and production plants located in Finland, Turkey, the Netherlands and Sweden. The net sales of Componenta were EUR 511 million in 2013 and its share is listed on the NASDAQ OMX Helsinki. The Group employs approx. 4,400 people. Componenta specializes in supplying cast and machined components and total solutions made of them to its global customers, who are manufacturers of vehicles, machines and equipment.