Stock Exchange & Press Releases 1999

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Elektrobit Group Oyj - Announcement of ownership in compliance with the Securities Market Act (SMA) 2:10§

November 22, 1999

Announcement of ownership in compliance with the Securities Market Act (SMA) 2:10§


According to a notice received today from Tapiola General Mutual Insurance Company, Tapiola Mutual Life Assurance Company, Tapiola Corporate Life Insurance Company:

The number of shares and votes in JOT Automation Group Plc (hereinafter the Company) owned by Tapiola General Mutual Insurance Company, Tapiola Mutual Life Assurance Company and Tapiola Corporate Life Insur-ance Company and the voting rights attached to the above mentioned shares have fallen to 4.90 percent and be-low the limit of 1/20 of the share capital of the Company with the trading done on November 19, 1999.

After the trading of the shares of the Company on November 19, 1999, the ownership of the above mentioned companies of the share capital is divided as follows:


number of % of votes
shares and shares
Tapiola General Mutual
Insurance Company 5,958,000 3,49 %
Tapiola Mutual Life
Assurance Company 1,618,000 0,95 %
Tapiola Corporate Life
Insurance Company 789,100 0,46 %


The amount of shares of the Company on November 22, 1999 totaled in 170,617,200 shares. The Company has one series of shares.

Oulunsalo, November 22, 1999

JOT Automation Group Plc
The Board of Directors

Jorma Terentjeff
President, CEO