Vacon Plc, Stock Exchange Release, 1 April 2014 at 9.00 a.m. (EET) The increase in the number of Company shares through a share issue without payment (split) approved by Vacon's Annual General Meeting on 27 March 2014 has been entered in the Trade Register today, 1 April 2014. The share issue without payment has the same effect as a share split. The number of shares in the Company is increased by issuing new shares to the shareholders without payment in proportion to their holdings so that one (1) share will be given for each existing share. After the registration of the 15,295,000 issued shares, the number of Vacon's shares is a total of 30,590,000 shares. The Company's share capital will remain unchanged at EUR 3,059,000. The new Vacon shares (ISIN FI0009009567, trading symbol VAC1V) are to be admitted to public trading on the NASDAQ OMX Helsinki Stock Exchange and entered into the book-entry system approximately on 2 April 2014. The share issue will be implemented in the book-entry system and does not require measures by the shareholders. The shareholders, who are registered in the Company's shareholder register on the record date for the share issue, 1 April 2014, are entitled to shares. The new shares will produce shareholder rights as of the registration of the share issue; however, the new shares will not entitle their holders to the dividends decided in the Annual General Meeting on 27 March 2014 for the fiscal year 2013. VACON PLC Further information: * Sebastian Linko, Director, Corporate Communications and Investor Relations, +358 (0)40 8371 634, sebastian.linko(at)vacon.com Vacon in brief Vacon is driven by a passion to develop, manufacture and sell the best AC drives and inverters in the world - and provide customers with efficient product lifecycle services. Our AC drives offer optimum process control and energy efficiency for electric motors. Vacon inverters play a key role when energy is produced from renewable sources. Vacon has production and R&D facilities in Europe, Asia and North America, and sales offices in 30 countries. Further, Vacon has sales representatives and service partners in nearly 90 countries. In 2013, Vacon's revenues amounted to EUR 403.0 million, and the company employed globally approximately 1,600 people. The shares of Vacon Plc (VAC1V) are quoted on the main list of the Helsinki stock exchange (NASDAQ OMX Helsinki). Driven by Drives, www.vacon.com Distribution: NASDAQ OMX Helsinki Financial Supervisory Authority Main media [HUG#1773219]
Share issue without payment (split) by Vacon registered
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