EFORE PLC’S NEW SHARES ENTERED INTO THE TRADE RE

Espoo, Finland, 2013-10-18 14:40 CEST (GLOBE NEWSWIRE) -- Efore Plc       Stock Exchange Release   October 18, 2013  3.40 p.m.    A total of 8,000,000 new shares were subscribed for in Efore Plc’s directed share issue. New shares corresponding to subscriptions have been entered into the Trade Register on 18 October 2013. After the increase the Company’s registered share capital is divided into 55,772,891 shares. The shares will entitle their holders to dividends and other shareholder rights in the Company as of the date of registration of the shares in the Trade Register. The new shares will be traded on the main list of the NASDAQ OMX Helsinki Ltd together with the old shares as of 21 October 2013. Moreover, trading of the 5,243,243 new shares entered into the Trade Register on 12 July, 2013 begins at the same time. These shares were assigned as a part of the acquisition published on 10 July, 2013 when Efore acquired the entire share capital of Roal Electronics S.p.A.  The shares are subject to a lock-up period of 12 months after the closing of the deal as announced on 10 July, 2013. EFORE PLC Vesa Vähämöttönen President and CEO For further information, please contact Mr Vesa Vähämöttönen, CEO, tel. +358 9 4784 6312. DISTRIBUTION NASDAQ OMX Helsinki Oy Principal media Efore Group The Efore Group is an international company that develops and produces demanding power products. Efore's head office is based in Finland, and its production units are located in China and Tunisia. Sales and marketing operations are located in Europe, the United States and China. In the fiscal year ending in October 2012, consolidated net sales totalled EUR 78.1 million, and the Group's personnel averaged 888. The company's shares are quoted on Nasdaq OMX Helsinki Oy. www.efore.com