THE BOARD OF DIRECTORS OF EFORE PLC DECIDED ON AN

Espoo, Finland, 2013-07-11 15:15 CEST (GLOBE NEWSWIRE) -- EFORE PLC             Stock Exchange Release     11 July 2013 at  4.15                 The Board of Directors of Efore Plc has decided to launch a new share-based incentive plan for Roal Electronics S.p.A (Roal) key directors. Roal key directors joined the Efore Group in connection with the acquisition of Roal. The aim of the Plan is to combine the objectives of the shareholders and Roal key directors in order to increase the value of the Company, to commit Roal key directors to the Company, and to offer them a competitive reward plan based on holding the Company shares. The Plan includes one performance period, beginning on 11 July 2013 and ending on 30 June 2016. The performance criterion of the performance period is the share price development of the Efore Plc share during the performance period. The Board of Directors may, at its discretion, decide to end the Performance Period earlier. The potential reward will be paid partly in the Company’s shares and partly in cash in July 2016. The proportion to be paid in cash is intended cover taxes and tax-related costs arising from the reward to Roal key directors. No reward will mainly be paid, if Roal key directors’ employment or service ends before 30 June 2016. Four Roal key directors belong to the target group of the Plan. The rewards to be paid on the basis of the Plan will correspond to the value of a maximum total of 440,000 Efore Plc shares (including also the proportion to be paid in cash). EFORE PLC Board of Directors For further information please contact Mr. Vesa Vähämöttönen, President and CEO, tel. +358 9 4784 6312 DISTRIBUTION NASDAQ OMX Helsinki Ltd Principal media Efore Group Efore Group is an international company which develops and produces demanding power products. Efore's head office is based in Finland and its production unit is located in China. Efore is present also in Sweden. In the fiscal year ending in October 2012, consolidated net sales totaled EUR 78.1 million and the Group's employees averaged 888. The company's share is quoted on NASDAQ OMX Helsinki Ltd. www.efore.com