EFORE PLC Stock Exchange Release August 28, 2018 at 2.45
Efore Plc: Change in company’s own shares
The Annual General Meeting of Efore Plc decided on 12 April 2018 that the right to the shares in Efore Plc held in a joint book-entry account and the rights related to such shares have been forfeited. Any claims regarding the registration of shareholder rights in the book-entry system with regards to the shares in the joint book-entry account presented after 10 a.m. on 12 April 2018 are not accepted and will not be accepted pursuant to the decision made by the Annual General Meeting.
Based on this, 4,625 shares in Efore Plc have been transferred from Efore Plc’s joint account to the treasury shares reserve.
Before the transfer, Efore Plc held 3,501,995 of its own shares. After the transfer, the number of shares held as treasury shares is 3,506,620.
Efore Plc has a total of 55,772,891 shares. Treasury shares represent 6.28 percent of the total number of shares.
For further information please contact Jorma Wiitakorpi, President and CEO, tel. +358 40 175 8510.
EFORE OYJ
Jorma Wiitakorpi
President and CEO
DISTRIBUTION
Nasdaq Helsinki Oy
Principal media
Efore Group
Efore is an international Group 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 financial year ending in December 2017, consolidated net sales totalled EUR 69.9 million and the Group's personnel averaged 432. The parent company's share is quoted on the Nasdaq Helsinki Ltd.
www.efore.com