Flagging notification in accordance with the Finnish Securities Market Act Chapter 9 Section 5: indirect holding of Evli Bank Plc in Exel Composites Plc falls under 5 per cent

EXEL COMPOSITES PLC     STOCK EXCHANGE RELEASE             20.5.2015 at 11.40 a.m.        

Flagging notification in accordance with the Finnish Securities Market Act Chapter 9 Section 5: indirect holding of Evli Bank Plc in Exel Composites Plc falls under 5 per cent

Exel Composites Plc (business ID 1067292-7) has today 20 May 2015 received a disclosure under Chapter 9, Section 5 of the Securities Markets Act, according to which the indirect holding of Evli Bank Plc (business ID 0533755-0) has fallen under 5 per cent of the voting rights and share capital in Exel Composites Plc through share transactions concluded on 19 May 2015. 

The total holding of the investment funds owned by Evli Bank Plc and administered by Evli Fund Management Company Ltd amounts to 504,786 shares representing 4.24 per cent of the shares and voting rights of the Company.

The ownership share of Exel Composites’ share capital within Evli Fund Management Company Ltd is as follows:

Evli Finnish Small Cap Fund  278,500 shares or 2.34%
Evli Finland Select                  226,286 shares or 1.90%
TOTAL                                    504,786 shares or 4.24%

Vantaa, 20 May 2015

EXEL COMPOSITES PLC

Riku Kytömäki
President and CEO              

  
Further information
Riku Kytömäki, President and CEO, tel. +358 50 511 8288, or email riku.kytomaki@exelcomposites.com
Mikko Kettunen, CFO, tel. +358 50 3477 462, or email mikko.kettunen@exelcomposites.com
  

Distribution
NASDAQ OMX Helsinki Ltd.
Main news media
www.exelcomposites.com
 

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 OMX Helsinki Ltd.