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

September 12, 2013

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


STOCK EXCHANGE RELEASE

Free for publication on September 12, 2013, at 1.00 pm. (CEST+1)

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

Elektrobit Corporation (EB) has received on September 11, 2013 the following notification:

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

1. Issuer of the shares

Elektrobit Corporation, business identity code 1004129-5
             

2. Name of the shareholder subject to notification obligation

Juha Sipilä

3. Reason for the notification

The purchase or divestment of the shares or voting rights. The direct and indirect holdings of shares and voting rights have decreased below the 5 per cent flagging threshold. The decrease took place on September 11, 2013. The aggregate holdings of Juha Sipilä and Fortel Invest Oy, a corporation controlled by Sipilä, total to 6,444,761 shares in Elektrobit Corporation, corresponding to 4.97 per cent of the Elektrobit Corporation's shares and voting rights.
             

The total number of shares of Elektrobit Corporation is 129,631,024. 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.

Oulu, September 12, 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