DOVRE GROUP: NOTIFICATION PURSUANT TO CHAPTER 9, S

Espoo, Finland, 2017-03-07 13:00 CET (GLOBE NEWSWIRE) --  

Dovre Group Plc                    Stock Exchange Release                       March 7, 2017 at 2.00 pm

DOVRE GROUP: NOTIFICATION PURSUANT TO CHAPTER 9, SECTION 5 OF THE FINNISH SECURITIES MARKETS ACT

Dovre Group Plc has today, March 7, 2017, received a notification pursuant to Chapter 9, Section 5 of the Finnish Securities Markets Act from Etra Capital Oy (business ID 2305147-6), an entity controlled by Erkki Etola. According to the notification, the ownership of Etra Capital Oy to shares and voting rights in Dovre Group Plc has decreased below 15%. 

The notification relates to the increase in the total number of shares in Dovre Group Plc, entered in the Finnish trade register on March 6, 2017, which dilutes the proportion of all shares in Dovre Group Plc held by Etra Capital Oy. Etra Capital Oy’s ownership of all shares in Dovre Group Plc after the increase in the total number of shares is 14.97%. Etra Capital Oy’s ownership before the increase was 15.02%. The total number of shares in Dovre Group Plc held by Etra Capital Oy (15,000,000) has not changed. 

Dovre Group Plc’s registered total number of shares is 100,168,769.

For further information, please contact:

DOVRE GROUP PLC Heidi Karlsson CFO Tel. +358 20 436 2000 heidi.karlsson@dovregroup.com www.dovregroup.com

Dovre Group is a global provider of project management services. Dovre Group has two business areas: Project Personnel and Consulting. Dovre Group has offices in Canada, Finland, Norway, Russia, Singapore, the UAE and the US, and employs about 500 people worldwide. Dovre Group is listed on the Nasdaq Helsinki (symbol: DOV1V). Company web site www.dovregroup.com .

DISTRIBUTION: Nasdaq Helsinki Ltd Major media www.dovregroup.com