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Elektrobit Group Oyj - ELEKTROBIT CORPORATION (EB): ANNOUNCEMENT PURSUANT TO CHAPTER 9, SECTION 10 OF THE FINNISH SECURITIES MARKETS ACT

August 08, 2013

ELEKTROBIT CORPORATION (EB): ANNOUNCEMENT PURSUANT TO CHAPTER 9, SECTION 10 OF THE FINNISH SECURITIES MARKETS ACT


STOCK EXCHANGE RELEASE

Free for publication on August 8, 2013, at 7.00 pm. (CEST+1)

ELEKTROBIT CORPORATION (EB): ANNOUNCEMENT PURSUANT TO CHAPTER 9, SECTION 10 OF THE FINNISH SECURITIES MARKETS ACT

Today, on August 8, 2013 Elektrobit Corporation (EB) has received the following notification:

FLAGGING ANNOUNCEMENT PURSUANT TO CHAPTER 9, SECTION 5 OF THE FINNISH SECURITIES MARKETS ACT

  • Issuer of the shares 

  • Elektrobit Corporation, business identity code 1004129-5

  • Name of the shareholder subject to notification obligation 

  • Fortel Invest Oy, business identity code 10149634

  • Reason for the notification 

  • The purchase or divestment of the shares or voting rights. The amount of shares and votes have decreased below the 5 per cent flagging boundary. The decrease took place on August 8, 2013. Fortel Invest Oy owns 6 463 539 shares in Elektrobit Corporation, corresponding 4.99 per cent of the Elektrobit Corporation's shares and votes.

    The holdings of Juha Sipilä and Fortel Invest Oy (corporation controlled by Sipilä), together still exceed 5 per cent of shares and votes in Elektrobit Corporation.

    The total number of shares of Elektrobit Corporation is 129 510 190. The shares of Elektrobit Corporation are listed on the NASDAQ OMX Helsinki Ltd. The Corporation has one series of shares. Each share has one vote. The share does not have a nominal value.

    Oulu, August 8, 2013

    Elektrobit Corporation

    Jukka Harju

    CEO

    Further information:

    Päivi Timonen

    Elektrobit Corporation, Chief Legal Officer

    Tel. +358 40 344 2794

    Distribution:

    NASDAQ OMX Helsinki

    Principal media

    Elektrobit (EB)

    EB creates advanced technology and turns it into enriching end-user experiences. EB is specialized in demanding embedded software and hardware solutions for wireless and automotive industries. The net sales from continuing operations in 2012 totaled MEUR 185.4. Elektrobit Corporation is listed on NASDAQ OMX Helsinki. www.elektrobit.com