Elektrobit Group Oyj - Elektrobit Corporation (EB): Announcement pursuant to chapter 9, section 10 of the Finnish Securities Markets Act
May 12, 2014
Elektrobit Corporation (EB): Announcement pursuant to chapter 9, section 10 of the Finnish Securities Markets Act
Stock exchange release
Free for publication on May 12, 2014 at 10.00 p.m. (CEST+1)
Elektrobit Corporation (EB): Announcement pursuant to chapter 9, section 10 of the Finnish Securities Markets Act
Elektrobit Corporation (EB) has received on May 12, 2014 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 Hulkko
3. Reason for the notification
The purchase or divestment of the shares or voting rights. The holdings of the shares and voting rights have decreased below the 20 per cent flagging threshold. The decrease took place on May 12, 2014. The aggregate holdings of Juha Hulkko total to 25,801,862 shares in Elektrobit Corporation, corresponding to 19.69 per cent of the Elektrobit Corporation's shares and voting rights.
The total number of shares in Elektrobit Corporation is 131,071,245. 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, May 12, 2014
Elektrobit Corporation
Jukka Harju
CEO
Further information:
Päivi Timonen
Elektrobit Corporation
Chief Legal Officer
Tel. +358 40 344 2794
Distribution:
Principal media
NASDAQ OMX Helsinki
Elektrobit Corporation (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 in 2013 totaled EUR 199.3 million and operating profit was EUR 8.1 million. Elektrobit Corporation is listed on NASDAQ OMX Helsinki. www.elektrobit.com
