Notification according to chapter 9, section 10 of
Post# of 301275
Espoo, Finland, 2016-12-20 12:45 CET (GLOBE NEWSWIRE) -- Efore Plc Stock Exchange Release December 20, 2016 at 1.45 p.m. Efore Plc has received a notification with reference to Chapter 9, paragraph 5 of the Finnish Securities Markets Act. Issuing company: Efore Plc Basis of announcement: Sievi Capital Oyj’s dividend distribution Complete name of the shareholder: Sievi Capital Oyj, Sievi, Finland Business ID of the shareholder: 0190457-0. Date of transaction and exceeding the threshold: December 20, 2016 Total position of Sievi Capital subject to the notification
| % of shares and voting rights | % of shares and voting rights through financial instruments | % of total | Total number of shares and voting rights of issuer | |
| Resulting situation on the date on which the threshold was crossed or reached | 1,04 % | 1,04 % | 55.772.891 | |
| Position of previous notification | 21,40 % | 21,40 % |
Notified details of the resulting situation on the date on which the threshold was reached/crossed:
| Class/type of shares | Number of shares and voting rights | Number of shares and voting rights | % of shares and voting rights | % of shares and voting rights |
| Direct | Indirect | Direct | Indirect | |
| (SMA 9:5) | (SMA 9:6 ja 9:7) | (SMA 9:5) | (SMA 9:6 ja 9:7) | |
| FI0009900054 | 580.585 | 1,04 % | ||
| TOTAL | 580.585 | 1,04% |
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity.
| Name | % of shares and voting rights | % of shares and voting rights through financial instruments | Total of both |
| Jussi Capital Oy | 17,16 % | 9.570.868 | |
| Sievi Capital Oyj | 1,04 % | 580.585 |
EFORE PLC Jorma Wiitakorpi President and CEO For further information please contact Mr. Jorma Wiitakorpi, President and CEO, tel. +358 40 175 8510 DISTRIBUTION Nasdaq Helsinki Oy Principal media Efore Group is an international company which develops and produces demanding power products. Efore's head office is based in Finland and its R&D functions are located in Finland, Sweden, Italy and China. Sales and marketing operations are located in Europe, United States and China. In the fiscal year ending in December 2015, consolidated net sales totalled EUR 89,9 million and the Group's personnel averaged 887. The company's share is quoted on the Nasdaq Helsinki Ltd. www.efore.com
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